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BEEF Daily September 23, 2010

BEEF Daily

In This Issue:


Advice For New Land, Cattle Owners

The optimism of the cattle business in 2010 is spurring a growing number of novice land and cattle owners to try their hand in the trade, a decision that can have both positive and negative results, Larry Redmon, Texas AgriLife Extension state forage specialist in College Station, told me in a recent conversation. Redmon is part of a group hosting Ranch Management University next month, a new landowner workshop designed to help promote a better understanding of resource management.

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Replacement Heifer Management

Winter feed costs are the largest part of the annual cost of running a cow; winter grazing may be a viable way to dramatically reduce feed costs. This excess forage may provide an opportunity to reduce another major component of annual cow costs: cow depreciation.

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Congress Should Deal With Health Care 1099

According to a recent blog post from Darren Hudson, Larry Combest Chair in Agriculture Competitiveness at Texas Tech University, the "hidden" 1099 issue in the Obama Administration's recently passed health care reform bill is an issue that needs to be dealt with by Congress before it creates significant headaches for U.S. farmers and ranchers.

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JBS completes acquisition of Rockdale Beef

JBS S.A. has completed the acquisition of Australia’s Rockdale Beef for approximately $37.3 million. The deal is still subject to further adjustments based on the level of the working capital at completion.

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BEEF Daily Blog

Meet BEEF Daily Editor Amanda Nolz. With her boots planted firmly on the ground as both a cattle producer and an agriculture writer and speaker, this young cattle industry professional presents her unique perspective on pertinent industry issues and trends each Monday to Thursday morning.

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