Industry News

Record Cattle Prices With Continued Volatility Possible

For the third year (2010-2012), prices for all market classes of beef cattle set record annual highs in the U.S. Are record highs possible again in 2013 and even 2014? The short answer to that is "yes." However, remember that prices for each market class of cattle have different seasonal patterns, so at times 2013 prices for some market classes (feeder calves in particular) likely will…

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BeefTalk: An Evolving Beef Industry

By Kris Ringwall, Beef Specialist The beef industry is evolving, and so are beef cattle. This is the time of year when producers buy bulls, and every bull that is turned out to cows contributes to the evolving beef industry. Why do beef cattle evolve? The process is long, but continuous, just like herd selection. Selection, in the short term, ends with the purchase of a…

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Agriculture Secretary Vilsack Reminds Producers to Complete 2012 Census of Agriculture

Census Information a Vital Tool for Evaluating USDA Programs and Services WASHINGTON, Jan. 17, 2013-Agriculture Secretary Tom Vilsack this week continued to remind producers to complete forms for the Census of Agriculture-the only source of uniform, comprehensive and impartial agricultural data for every county in the nation. The 2012 Census of Agriculture will provide the U.S. Department of Agriculture (USDA) with current information to help ensure…

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NDSU Extension Service Projects Commodity Planning Prices for 2013

Short- and long-term agricultural planning price projections for North Dakota are available, says Ron Haugen, farm economist with the North Dakota State University Extension Service. The publication shows 2013 price projections for crops and livestock produced in the state and price estimates for future years. Price projections are given for the major crop commodities, including wheat, durum, oats, feed barley, malting barley, oil sunflowers, nonoil sunflowers,…

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Livestock producers get income tax relief after drought

WEST LAFAYETTE, Ind. – Some Midwestern livestock producers might find themselves facing higher income tax bills if the drought forced them to cull and sell more animals than normal in 2012 – but help is available, two Purdue Extension agricultural economists say. The lack of forages and the high cost of feed led many producers who might normally have carried livestock through the winter to instead…

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