Marketing

2017 World Beef Trade: Major Exporters

By: Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist Global beef exports are expected to increase year over year in 2017 with growth in several major beef exporting countries supported by growing production in most cases.  However, the situations vary among beef exporting countries and market conditions will keep international markets dynamic for the foreseeable future.  Beef exports from the top four exporting countries (Brazil,…

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End Of Year Tax Planning

Many livestock operations should already be turning to their advisors for tips and strategies on how to reduce their operation’s — and their own — tax bill. Fortunately, every operator has at their disposal a number of basic strategies along with several unusual year-end moves to help reduce the annual tax bill. Generally, a profitable cattle operation will want to accelerate deductions and defer income. By…

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The Danger Of Assumptions

By: Don Tyler It is always best to use facts when they are available, but sometimes we don’t have all the facts we need to make a decision. We may have to make the decision quickly and do our best with the information available at the time, but too often people seem to prefer making assumptions rather than doing the work of determining the facts. Perhaps…

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Ag Outlook: External Factors Play Big Role

By: Miranda Reiman “Who is going to flinch first?” Dan Basse, president of AgResource Co., said that’s the main question he and his team ponder when looking at this “plateau” phase in the ag markets. “Is it your neighbor that’s going to cut back? Is it you?” the analyst asked, as he addressed cattle feeders and allied industry representatives at the Feeding Quality Forum last month.…

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CME Group – Daily Livestock Report

December 18, 2013 Analysts expect Friday’s Cattle on Feed report from USDA to show slightly higher placements than one year ago but another month of lower feedlot inventories. That according to the monthly survey of analysts released by Urner Barry on Tuesday. Note that Urner Barry, best known as the publisher of The Yellow Sheet price report, is the latest entry into the pre-report survey business for livestock. Dow Jones and…

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