BEEF_STOCKER TRENDS_ A Penton Media Property August 25, 2009 If you want to view this on the web go to: http://enews.penton.com/enews/beef/v/853 NEWS --Engler, Farr Inducted Into Feeding Hall Of Fame Grid-based marketing didn't just appear at out of the blue. Paul Engler, founding chairman of Texas-based Cactus Feeders -- one of the largest cattle feeding organizations in the world -- helped pioneer the concept. The aim was to both reward owners of above average cattle and to give his feedlot managers more time to manage rather than bicker with order buyers. "Throughout his career in the livestock business, Paul Engler has been dedicated to being a low-cost producer, while maintaining the highest level of quality," the late Robert Peterson, former chairman and CEO of IBP, once said. "Nothing more actively demonstrates this than the many innovations and efficiencies that he and Cactus Feeders have helped bring to the cattle feeding industry..." Likewise, the fence-line feed bunks taken for granted today weren't a birthright. W.D. Farr, founder of Farr Feeders in Colorado came up with the notion. "Before the feedbunks, workers would have to haul feed wagons into each pen manually. The ability to feed from outside the pens greatly improved efficiency and reduced feed waste," says Dick Farr. "My father was usually about 25 years ahead of everyone else in his thinking." To view the full article go to: http://beefmagazine.com/beefstockertrends/0825-engler-farr-inducted-feeding-fame STOCKER ECONOMICS --Economy Grows, For Now Nobody knows whether the economy has finally hit bottom, but Wall Street investors' money suggested Friday that it has. By the end of last week, all of the major financial indices (Dow, NASDAQ, S&P 500) reached their highest levels since the first week of October. That optimism was driven by comments made by Ben Bernanke, chairman of the Federal Reserve System, at the Federal Reserve Bank-Kansas City Annual Economic Symposium on Friday. Bernanke suggested the economy is beginning to emerge from the most severe global financial crisis since the Great Depression. To view the full article go to: http://beefmagazine.com/beefstockertrends/0825-economy-grows-now --Cattle Prices To Increase "Cattle prices are no longer built on a foundation of long-term cycles in cattle numbers. Today, cattle price changes are dominated by rather short-term factors that can be abrupt," say analysts with the Livestock Marketing Information Center (LMIC) in their recent market outlook. The latest shock, of course, being the economic recession bogging down domestic and global markets. According to LMIC, fed-cattle prices (basis Southern Plains steer) were $8.70 (9%) below a year earlier during the first six months of this year; about $5 of that due to byproduct values. Despite declining feed costs, LMIC analysts point out feedlots have operated in the red for 26 months through July. Southern Plains feeder steers (700-800 lbs.) were $9 lower on average during the first quarter; Southern Plains steer calves (500-600 lbs.) were down $11.05. Both gained back about $6 in the second quarter. To view the full article go to: http://beefmagazine.com/beefstockertrends/0825-cattle-prices-increase EVENT SPOTLIGHT --KSU Beef Stocker Field Day 10th Annual Kansas State University Beef Stocker Field Day Sept. 24 -- 9:30 a.m. KSU Beef Stocker Unit, Manhattan, KS • Buying and Selling Right, Kevin Dhuyvetter, KSU • Partnering with Feedlots: Who brings What to the Table, panel featuring Jerry Bohn (Pratt Feeders), Dan Dorn (Decatur County Feed Yard) and Jim Reeves (JMR Cattle Co.). • Thinking Outside the Shots, Dan Thomson, DVM, KSU. • Negotiating Custom Grazing Arrangements, panel featuring Mike Collinge (Hamilton, KS), Tim Miser (Cottonwood Falls, KS) and Alan Hess (Alma, KS). • Cattle Financing in a Tight Credit Market, Gary Cotterill, Community National Bank, Chanute, KS. • Producing Value-added Cattle, Brian Bertelson, U.S. Premium Beef. • Weed and Woody Plant Control for Pastures, Walt Fick, KSU. • Utilization of By-products on Pasture, Lyle Lomas, KSU. For more info, contact Lois Schreiner, 785-532-1267 or lschrein@ksu.edu. CALENDAR OF EVENTS Aug. 25-27 -- ID Info-Expo, Westin Crown Center, Kansas City, MO; 270-782-9798 or www.animalagriculture.org (http://www.animalagriculture.org). Sept. 14-16 -- South Dakota Grazing School, Al's Oasis and the Lower Brule Trust Land, Oacoma; 605-688-6623, 6-5-280-0127 or www.sdgrass.org (http://www.sdgrass.org). Sept. 22-23 -- Georgia Grazing School, Athens, GA. Sept. 24 -- KSU Beef Stocker Field Day, Beef Stocker Unit, Manhattan, KS; 785-532-1267 or http://www.asi.ksu.edu/. Sept. 25-27 -- Tri-State Meat Goat Conference, Shepperd Arena, Fargo, ND; 701-231-7522 or to www.ndsu.edu/sheepandgoat/ (http://www.ndsu.edu/sheepandgoat/). Sept. 29-Oct. 1 -- University of Missouri Grazing School, MU Forage Systems Research Center, Linn County; aes.missouri.edu/fsrc/news/fsrc5.stm (http://aes.missouri.edu/fsrc/news/fsrc5.stm). Oct. 23-24 -- Mid-Atlantic Grass Finished Livestock Conference, Holiday Inn Conference Center, Staunton, VA; 434-292-5331 Oct. 29-30 -- HOLT CAT Symposium on Excellence in Ranch Management, King Ranch Institute for Ranch Management, Kingsville, TX; 361-593-5401 or krirm.tamuk.edu (http://krirm.tamuk.edu). Dec. 14-16 -- Lectureship on Managerial Accounting for Ranchers, King Ranch Institute for Ranch Management, Kingsville, TX; 361-593-5401 or krirm.tamuk.edu (http://krirm.tamuk.edu). CONTACT --Send Questions & Comments To... Wes Ishmael, Contributing Editor, BEEF Stocker Trends, at wesleysink@aol.com (mailto:wesleysink@aol.com) Joe Roybal, Editor, BEEF magazine, at jroybal@beef-mag.com (mailto:jroybal@beef-mag.com) MORE ABOUT THIS NEWSLETTER You are subscribed to this newsletter as #email# To subscribe to this newsletter go to: http://http://subscribe.beefmagazine.com/?tc=NLSUB To unsubscribe from this newsletter go to: http://http://subscribe.beefmagazine.com/?tc=NLSUB&cid=#message_id#&lid=#list_id#&email=#email# For questions concerning delivery of this newsletter, please contact our Customer Service Department at: US Toll Free: (866) 505-7173 International: (402) 505-7173 or mailto:beefmagazine@pbinews.com To get this newsletter in a different format (Text or HTML), or to change your e-mail address, please go to your profile page here: http://subscribe.beefmagazine.com/?tc=NLSUB&email=#email# Penton Media | 249 W. 17th Street | New York, NY 10011 Copyright 2009, Penton Media. All rights reserved. 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