- Change in the tone of the soybean trade…what does that mean for producers
- Dollar trade
- Equity indices what should we be looking for?
- Volatility could set in as we get closer to the election
- Where are the funds in soybeans?
- The macro economics & how it will have an effect on grains
- Double tops…how will that effect the cattle?
- Rough day in the soybeans, but a negative day isn’t a bad thing
- China keeps purchasing U.S. beans
- Spillover pressure for the wheat from the row crops
- Equity markets around the world were falling on a Monday
- Cash Cattle prices
- Friday COF Report
LINCOLN, NEB. – The Nebraska Farm Bureau (NEFB) has released the findings and policy recommendations of its Cattle Markets Task Force. The task force was charged with examining current Farm Bureau policy, providing policy recommendations, and providing input on what NEFB’s role should be in addressing concerns regarding cattle markets.
“Nebraska’s cattle industry is the largest segment of Nebraska agriculture and it’s critical to the economic well-being of our state. Listening to the concerns of our cattle producers regarding the challenges in the beef industry, we felt it was vital that we put together a group to do a deep dive on the issues surrounding cattle markets and develop a resource to aid our members in developing our organizational policy,” said Steve Nelson, Nebraska Farm Bureau president.
Over the course of five months, the NEFB Cattle Markets Task Force met online and in person with agriculture economists, cattle organizations, auction barn owners, feedlot managers, restaurant owners, and consultants in order to gain a better understanding of the entire beef supply chain and to develop recommendations for consideration by members as part of Nebraska Farm Bureau’s policy development process.
The group ultimately centered its work around six topics, including fed cattle markets, the Livestock Market Reporting Act, small and medium-sized packing facilities, beef packer market power, risk management and value-added programs, and mandatory country of origin labeling.
“The Nebraska Farm Bureau Cattle Markets Task Force members are to be commended for their work in giving careful and thoughtful consideration to many challenging issues facing the beef industry. We look forward to the delegate discussions on these issues during our annual meeting in December and subsequently the American Farm Bureau Annual Meeting in January where our official organizational policies will be determined,” said Nelson.
The Nebraska Farm Bureau Cattle Markets Task Force report summarizing the group’s findings and recommendations is available on the Nebraska Farm Bureau website at www.nefb.org.
- Cash market is just starting to firm up for the week
- Beef market has declined but slowly…how is demand?
- Over supply of cattle in the north for the 4th quarter is less than last year.
- Kill cuts-was that a market play?
Packers making good margins
- December Cattle could go to $1.20
Lincoln, Neb., Sept. 16, 2020— An upcoming Nebraska Extension webinar will feature Jay Rempe, senior economist with Nebraska Farm Bureau, discussing recent shocks in the cattle industry and producer response in the state.
“Troubles in the Cattle Markets: A Farm Organization’s Response” will be presented on Sept. 24 at noon by the extension Farm and Ranch Management team in the Department of Agricultural Economics, as part of its weekly webinar series.
Events over the last year have driven to the surface long-standing questions concerning the cattle markets and market structure, which have resulted in numerous proposals being offered in Washington D.C. In response, the Nebraska Farm Bureau created a task force of cattle producers to study current markets and offer policy suggestions and recommendations. Rempe will discuss recent market events, responses by producers, the task force’s work and what has been learned about Nebraska’s cattle industry relative to the country.
A graduate of the Department of Agricultural Economics at the University of Nebraska-Lincoln, Rempe majored in agribusiness as an undergraduate and earned a Master of Science in Agricultural Economics in 1993. As the senior economist at Nebraska Farm Bureau, he his responsible for agricultural economic outlook, policy analysis, research and education programs. He previously served as vice president of governmental relations for Farm Bureau.
Registration for the webinar is free and can be completed at farm.unl.edu/webinars.
Mike Zuzolo, Global Commodity Analytics, joins the Fontanelle Final Bell on a turn around Tuesday in the ag commodity markets. Zuzolo highlights that today’s pullback was bound to happen sooner rather than later. Still in the soybean complex it’s good to see the July contract holding the strong physiological level of ten dollars. Now the question becomes can the current run of Chinese demand and South American production workout to allow the rally to continue. Zuzolo also breaks down the current buys being made by China and how they compare in the big picture of the Phase One Trade Deal.
In the second half of the program Zuzolo talks funds in the ag commodities and livestock. Cattle may be starting to hit overbought levels despite the fact cattle seasonally are in a slump after the Labor Day holiday. The conversation ends on the importance African Swine Fever still has on the markets.
Catch the full show here:
College students have a unique opportunity to attend the 2021 Cattle Industry Convention and NCBA Trade Show in Nashville, Tennessee, February 1-5 next year.
The National Cattlemen’s Beef Association is looking for a team of interns to gain firsthand experience and be able to interact with leaders of every segment of the cattle and beef industry. The group needs up to 18 interns to perform vital tasks to help with the success of the largest annual meeting in the U.S. beef cattle industry. Interns will help many different staff members and attendees with meetings and events and should be prepared to handle a wide range of responsibilities, which could include setting up the indoor arena, assisting at committee meetings and Cattle College, as well as posting on social media and contributing in the NCBA booth.
NCBA will also provide students with time to maximize industry networking. Students must be at least a junior-level college student, have a background in or working knowledge of cattle and beef, and have a minimum GPA of 3.0. Go to the NCBA website for more information. The deadline for applying is October 23.
- Low week on the cash cattle
- Some cattle trading at 102-does that mean a turn?
- Are people to bearish on the cattle market
- Hogs still traded higher at weeks end
- Positive boar overseas with ASF
- China continues to windrow the hogs, corn & beans
- WASDE & Acre report numbers
Wet weather moving through the Midwest
4.00 corn a ways out on the futures but what does that mean for corn
lean hog index above $60 first time since May 28th
We use a feed-through fly control in our mineral, but I’m afraid we didn’t start it early enough this season. The flies seem to have gotten ahead of us and stayed ahead of us. What is the best strategy for fly control you’ve seen, paired with a feed-through?
Every year is different, and weather patterns have a huge impact on fly control. I think we must have a realistic goal of control and not think of this as total elimination of flies.
Horn fly control is by far the most important because they can carry disease and can drain enough blood through biting to cause a severe economic drain on a cattle production operation. Face flies do not bite but feed on secretions around the eyes. They are a significant factor in pinkeye transmission.
Even if you had started the feed-through earlier, in most cases you would have needed other control methods over the course of a season. Effective fly control utilizes an integrated pest management (IPM) program. Selection of the right class and application method are where professional advice is most valuable. Talk to your herd veterinarian, local extension agent or other experts to help develop a customized program specific to your operation.
I believe some type of feed-through (larvacide or insect growth regulator) should be part of every IPM program. There is little documented resistance to these products. Feed-throughs should ideally be started before flies emerge in the spring, and their use should continue until about a month after the first killing frost.
Insecticides can be incorporated into your IPM by various methods of delivery. Ear tags have been a mainstay of fly control for many years, but since they lose effectiveness over time it’s best not to apply them in the early spring. Rather, wait until horn fly numbers reach economic thresholds of about 50 flies per cow. Be sure to remove tags in the fall. Always follow label directions as to the number of tags to apply and whether calves also need to be tagged.
Pour-ons can also be effective in reducing fly numbers, but they require working cattle through a chute. Pour-on dewormers provide some fly control and can be part of an IPM program, but they should never be used strictly for fly control. Many experts feel repeated, indiscriminate use of generic ivermectin pour-on products, for example, have selected for resistance in intestinal parasites to this important class of dewormers.
Other options to manage flies include sprays, which may be less time consuming and less stressful than a pour-on because cattle only need to be penned to be treated. Some producers like the VetGun–I call it an insecticide paintball gun that delivers a dose of insecticide. Backrubs and dust bags are old standbys that can be quite effective, but cattle must be forced to walk under them to get to water or minerals, and they must be kept charged.
Lastly, parasitic wasps and fly traps are non-insecticidal concepts that may help in some operations. And don’t forget, pasture rotation and manure management around heavy use areas can go a long way in reducing fly populations by limiting breeding areas for the pests.