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TDA Market Recap, May 27, 2015

For the week ending May 23, 2015, Texas auctions quoted feeder cattle prices mostly steady, with instances of sales ranging from $2 to $5 higher per hundredweight (cwt). Texas weekly direct feeder cattle sales were mostly steady to firm. Wholesale beef values were higher, with Choice Grade losing $1.68 to close at $260.25 per cwt and Select Grade losing $3.48 to close at $247.62 per cwt. Net export sales for May 8-14 were up noticeably from the previous week. Export shipments were down one percent from the previous week, and shipments primarily went to Japan, Mexico and South Korea.

May 27, 2015 Read more...

Pete Bonds

President

May 26, 2015 Read more...

How ranchers can help in flood zones

Much of Texas is dealing with severe storms and flood situations, especially in the counties of Caldwell, Guadalupe and Hays. TSCRA law enforcement has been in contact with the Texas Parks and Wildlife Department and local authorities in the affected areas and have offered aid as needed. Ranchers and landowners are asked to cooperate with […]

May 26, 2015 Read more...

24 counties added to disaster proclamation

Gov. Greg Abbot has issued an Emergency Disaster Proclamation certifying that the severe weather, tornado and flooding event that began on May 4, 2015, has caused a disaster in additional Texas counties. Read more at gov.texas.gov…

May 26, 2015 Read more...

With new EPA water rule, Obama again takes executive action on environment

The Environmental Protection Agency is expected to release a new rule this week to protect a significantly larger percentage of streams and wetlands that provide habitat for wildlife and sources of drinking water. The move is another example of President Obama taking executive action on environmental and climate issues regardless of whether he has the […]

May 26, 2015 Read more...

Cow-Calf Corner: Understanding wet hay; More lessons in meat demand

In the May 25 edition of Cow-Calf Corner, a weekly newsletter form the Oklahoma Cooperative Extension Agency, Glenn Selk discusses how to deal with wet hay and Derrell Peel talks about production, markets and beef demand.

May 26, 2015 Read more...

TSCRA wraps up Texas Central Railway informational meetings

Around 100 ranchers, landowners and guests attended the second of TSCRA’s informational meetings in Navasota Thursday evening at the Grimes County Expo Center. Kyle Workman, president, Texans Against High-Speed Rail, was there to discuss the project and answer questions. TSCRA hosted a previous meeting May 14 in Corsicana at the Navarro County Exposition Center.

May 22, 2015 Read more...

Wal-Mart asks meat suppliers to reduce antibiotic use

Wal-Mart Stores Inc said its U.S. units were asking meat suppliers to reduce the use of antibiotics in animals, joining the list of U.S. companies that have responded to consumer and government concerns over the excess use of drugs in livestock. Walmart U.S. and Sam’s Club U.S. will also ask suppliers to provide annual reports […]

May 22, 2015 Read more...

Roberts: EPA stacked the deck on WOTUS comments

Senate Agriculture Chairman Pat Roberts, R-Kan., used a nomination hearing Thursday to sound off on what he said were EPA’s “questionable activities” surrounding the proposed Waters of the U.S. (WOTUS) rule. Roberts told Jeffrey Prieto, President Obama’s nominee to be USDA’s general counsel, that the proposed rule would harm U.S. agriculture, which USDA has the […]

May 22, 2015 Read more...

Texas ag producers still have time to apply for direct farm ownership loan program

The U.S. Department of Agriculture (USDA) Texas Farm Service Agency (FSA) Executive Director Judith A. Canales announced Thursday, May 21, that farmers and ranchers still have time to apply for low interest loans available through the FSA direct farm ownership program. Applications must be approved by Sept. 30, 2015, to take advantage of the funding available. Eligible farmers and ranchers can borrow up to $300,000 to buy farmland, construct or repair buildings, pay closing costs, or promote soil and water conservation. The interest rate can be as low as 1.5 percent with up to 40 years to repay.

May 21, 2015 Read more...