Industry News

Know the USDA cull cow grades before you send them to market

By: Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist Some culling of beef cows occurs in most herds every year. The Beef Audits have generally shown that cull cows, bulls, and cull dairy cows make up about 20% of the beef available for consumption in the United States. About half of this group (or 10% of the beef supply) comes from cull beef cows. Whether…

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The beef balance sheet

By : Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist   Supply and demand flows for most agricultural markets are commonly summarized in the form of supply and utilization tables, often called the balance sheet.  The balance sheet generally includes supply components as: Beginning Stocks + Imports + Production = Total Supply.  Utilization includes demand components as:  Exports + Total Use + Ending Stocks…

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USDA Traceability Goals Aligned With KLA Policy And CattleTrace Structure

Courtesy of kla.org   USDA announced four overarching goals for advancing animal disease traceability last week. Undersecretary for Marketing and Regulatory Programs Greg Ibach said USDA has a responsibility to producers to implement a modern system that tracks livestock from birth to harvest using affordable technology that allows quick traceback of sick and exposed animals. The four USDA goals are advancing the electronic sharing of data…

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Silage Harvest Options for a Wet Fall

BROOKINGS, S.D. – Rains have caused many saturated fields and left some producers concerned that there will be little to no opportunity to harvest silage before corn dries down past desired moisture levels or the first frost. “This has been a challenging year with heavy spring precipitation and now extensive fall precipitation in some parts of southeastern South Dakota. Remember, all hope is not lost for your forage…

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Ag Barometer drops to lowest level in two years as farm financial conditions worsen

WEST LAFAYETTE, Ind. and CHICAGO – Agricultural producer sentiment dropped to its lowest level since October 2016 as producers expressed concern over worsening farm financial conditions, according to the latest Purdue University/CME Group Ag Economy Barometer reading. The September barometer reading was 114, down 15 points since August. The barometer is based on a monthly survey of 400 agricultural producers from across the country. Large declines were also…

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