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TDA Market Recap, Aug. 14, 2017

For the week ending August 11, 2017, Texas feeder cattle auctions reported mixed prices with instances of steady to $7 lower and steady to $5 higher. Texas Weekly Direct reported prices mostly $1 to $2 lower on limited comparable sales. Wholesale Beef values were lower at the end of the week, with Choice Grade losing $3.12 to end at $199.60 per hundredweight (cwt) and Select Grade losing 88 cents to end at $196.12 per cwt.

Aug 15, 2017 Read more...

To succeed in China-US beef industry must be patient

Radio Oklahoma Ag Network Farm Director Ron Hays had the chance to speak with Phil Seng, president and CEO of the U.S. Meat Export Federation earlier in the summer, and according to him, beef exports in 2017 have been incredibly strong. He believes there is a bright future ahead for US beef trade, now that […]

Aug 14, 2017 Read more...

Amazon beef is on the horizon

Jeff Bezos is a beef stakeholder. The founder of Amazon with a net worth of $87 billion—give or take a billion—has a vested interest in how your cattle are raised. This summer Amazon announced it intends to acquire Whole Foods Market for $13.7 billion, news that sent a shudder through the grocery business. Already operating on […]

Aug 14, 2017 Read more...

Online tool could help predict forage, other conditions for cattle producers

A crystal ball to see into the future may be every agricultural producers’ dream, and two Texas A&M AgriLife Research scientists are integrating a tool to give cattle producers a 90-day glimpse. The online tool being piloted by rangeland ecologists Dr. Bill Fox and Dr. Jay Angerer at the Texas A&M AgriLife Research and Extension Center in Temple, along with collaborators from the Texas A&M AgriLife Extension Service and the Texas Grazing Land Coalition, could change the way cattle producers monitor their operations and plan for the future.

Aug 14, 2017 Read more...

Cover crops add diversity for wildlife

Cover crops can add diversity to a system to benefit wildlife species in addition to extending the grazing season and improving soil health. Will Moseley, wildlife and fisheries consultant, talks cover crops, wildlife and more in this Noble Research Institute Ag News and Views article.

Aug 14, 2017 Read more...

Cow-Calf Corner: Cool, wet August improves fall grazing prospects; Preg check and cull open replacement heifers

In this week’s Cow-Calf Corner, a newsletter from the Oklahoma Cooperative Extension Agency, Derrell Peel discusses fall grazing prospects and Glenn Selk talks checking for and culling open replacement heifers.

Aug 14, 2017 Read more...

Hay and cattle sale scammers still at it, so watch those checks

When conducting the sale of any item, including hay, cattle and farm equipment, care should be taken when accepting checks for payment, including cashier’s checks. A popular scheme among thieves is to offer a check for over the item’s agreed price and ask the seller to cash the check to pay a driver. Or a check is drawn from an unfamiliar bank or there are other excuses and stipulations to the sale that don’t sound right. You can always ask your local bank if a check is valid or call your TSCRA Special Ranger.

Aug 11, 2017 Read more...

CME Group would like to hear from you on futures price limits

CME Group is soliciting feedback from a wide range of market participants on the potential for changing price limits in CME Live Cattle, Feeder Cattle, and Lean Hog futures. As such, CME Group is seeking your input and feedback on the potential for amendments to livestock price limits. If you wish to voice your opinion on this topic, please complete the following short questionnaire. This survey will remain open until Aug. 25, 2017.

Aug 11, 2017 Read more...

Livestock Weather Forecast for the week of Aug. 11, 2017: Rain and a Weather Decision Planner

SPONSORED CONTENT:  Livestock Wx, a provider of weather information for stock producers, talks rain in the Texas Hill Country and eastern Oklahoma. Livestock WX is also launching a Weather Decision Planner for TSCRA members.

Aug 11, 2017 Read more...

Canadian meat inspection system questioned by USDA report

Drovers CattleNetwork says a recent U.S. Department of Agriculture audit of Canada’s meat, poultry and egg inspection systems found “systemic” inspection and sanitation problems which raise “significant questions about the Canadian system.” The report is from a series of onsite equivalence verification audits conducted by USDA’s Food Safety and Inspection Service (FSIS) last September at seven Canadian slaughter and processing facilities. The most significant concern, FSIS said, was the Canadian inspectors were not conducting carcass-by-carcass inspections for contaminations by “feces, milk or ingesta” before stamping the carcasses as inspected.

Aug 11, 2017 Read more...