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Stockers Offer Cow-Calf Opportunity
Even with record corn yield predicted, and corn prices
projected to hover around $3/bu. – substantially lower than last year
– forage still wins the race for cost of gain. That should be more
pronounced this year with bumper hay and forage crops across much of the
nation.
Plus, it’s not like calf prices are all that enticing to sellers; and
that was before the fall run began.
Read the full article
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End Of The Great Recession? Maybe
“…as painful as this recession has been, I believe
that we succeeded in avoiding the second Great Depression that seemed to
be a real possibility,” said Janet Yellen, president and CEO, Federal
Reserve Bank (FRB) of San Francisco last Monday. “Much of the recent
economic data suggest that the economy has bottomed out and that the
worst risks are behind us. The economy seems to be brushing itself off
and beginning its climb out of the deep hole it’s been in... This
summer likely marked the end of the recession and the economy should
expand in the second half of this year.”
Among the signs pointing to economic growth rather than
contraction:
Read the full article
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Cattle Market Recovery Likely Sluggish
Though there are logical reasons to suggest the nation’s
economy is on the cusp of recovery (see "End of the Great Recession?
Maybe"), margins will continue to be challenging for stocker operators,
and for cattlemen and livestock producers in general.
“The recent recession has wounded the livestock industry,” say
Federal Reserve Board (FRB) economists Brian Briggeman and Jason
Henderson. “Since 2007, falling demand and rising feed costs have
battered U.S. producers of cattle, hogs, poultry and dairy products,
forcing them to trim their herds. This traditional supply adjustment
should help rebalance supply and demand, thus boosting profit margins
and staving off larger losses over the next year.”
Read the full article
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Livestock Disaster Assistance Programs Begin
A number of permanent livestock disaster programs –
authorized by the 2008 Farm Bill – got started last week.
Livestock Forage Disaster Program (LFDP) provides payments to
eligible livestock producers who suffered livestock grazing losses due
to qualifying drought or fire.
Read the full article
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Get Pasture Leases In Writing
“In general, a good lease is one in which both parties
agree it is fair and both completely understand each other’s
expectations,” says Wesley Tucker, University of Missouri Extension ag
business specialist.
According to Tucker, most problems with a pasture lease occur when one
or more parties don’t fully understand what the other expected.
Whether the lease is verbal or in writing, Tucker says taking the time
to discuss issues ahead of time will prevent 99% of the problems that
will arise later.
Read the full article
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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 Thompson, 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 & woody plant control for pastures, Walt Fick, KSU.
- Utilization of by-products on pasture, Lyle Lomas, KSU.
For more
info, contact Lois Schreiner at 785-532-1267 or lschrein@ksu.edu
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Calendar Of Events
Sept. 22-23 – Georgia Grazing School, Athens,
GA.
Sept. 22-23 – Tri-State Cow-Calf Conference, Gray, TN
Sept. 24 – Beef Stocker Conference, Kansas State University,
Manhattan, KS
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.
Dec. 14-16 – Lectureship on Managerial Accounting for Ranchers,
King Ranch Institute for Ranch Management, Kingsville, TX; 361-593-5401
or krirm.tamuk.edu.
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Important safety information
Micotil is to be used by, or on the order of, a licensed
veterinarian.
For cattle, inject subcutaneously. Intravenous use in cattle will be
fatal.
Do not use in female dairy cattle 20 months of age or older. Use in
lactating dairy cattle may cause milk residues.
See label for complete use information, including human warnings.
Always use proper drug handling procedures to avoid accidental
self-injection.
Consult your veterinarian on the safe handling and use of all injectable
products prior to administration.
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