Montana's beef industry represents a major economic activity in the Montana economy. In terms of gross cash receipts, the $760 million of cattle marketings represents 44.8 percent of all agricultural marketings and 85 percent of livestock and poultry marketings for the most currently available year, 1992. These percentages have increased over the past decade as cattle values increased and crop prices and production levels in Montana have not fluctuated very dramatically. In recent years, levels of profitability in the Montana agricultural economy have been directly related to performance in the livestock sector. While these cattle production figures by themselves represent sizeable volume of economic activity, they represent only a portion of the total economic activity stimulated by the beef producing sector. Including the meat processing sector, an estimated 21,700 jobs and $802.7 million of personal income are generated in Montana from the beef industry. This paper details the dimensions of the beef industry in both directions from the production stage, including production inputs, as well as the forward linkages to the processing, preparation, and handling activities involved in getting beef products ready for consumers. ...More
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DON'T GUESS AT ACRONYMS USED IN BEEF CATTLE BUSINESS
Many acronyms are used in the beef cattle industry. Knowing exactly what they represent instead of guessing can be important.
DOGUET'S DIAMOND D BRANGUS SALE HELD OCTOBER 15
A warm fall day greeted a standing room only crowd of Brangus enthusiasts from five states gathered at Poteet, Texas, for Doguet's Diamond D Sale of Proven Producers.
HUNTIN' DAYLIGHT -- ADDING OPPORTUNITY AND RISK WITHOUT WEIGHT
When feeder cattle markets are in balance, prices for lighter-weight feeder cattle adjust to account for the cost of gain to put the additional weight on those cattle such that feedlots are relatively indifferent to buying feeder cattle of various weights, says Derrell Peel, Extension livestock marketing specialist at Oklahoma State University, in his weekly market comments the first week of November.
BULL GROWTH AND DEVELOPMENT ARE IMPORTANT
In many purebred operations, bull sales make up a significant portion of their cash flow. Therefore, bull growth and development is very important to the overall success of their operation. Many cattlemen who produce bulls spend a great amount of time on the genetics they use and their breeding operation. Remember that this genetic potential can never be realized if these animals are not fed and managed properly.
IT'S THE PITTS -- AN APP FOR THAT
Here are ten smartphone apps that we desperately need some geek to create:
SOUTHERN CONNECTION CHAROLAIS SALE AVERAGES $2,765
The Southern Connection Charolais Sale was held October 19, 2016 in Calhoun, Ga.
REPLACEMENTS SHOULD BE HELD TO HIGH STANDARDS
As autumn makes its debut across the Empire State of the South, many spring-calving operations have been, or are in the process of, weaning; and in a few months, producers will be sorting through females and deciding which ladies get a job offer and which get shown the door.
BLACK INK -- LIMITS? WHAT LIMITS?
Your cows may be held in by fences, but there are few limits on where you go or what you can do with the herd. Perceived barriers these days are just untested assumptions where imagination and technology are opening new gates.
BE SELECTIVE WHEN CHOOSING REPLACEMENT FEMALES
Spiraling cattle prices in recent weeks are not leaving much wiggle room when it comes to marketing calves and replacement females to fit current trends, according to cattle experts.
BE AWARE OF THE PROS AND CONS OF USING DARTS IN CATTLE
Darts - also known as remote drug delivery devices or RDD devices - are frequently used in wildlife to tranquilize animals for research, or when a wild animal strays into a populated area such as a city or neighborhood. They are also gaining popularity among beef stocker growers who have cattle on extensive grazing.
TOWN CREEK FARM BRANGUS BULLS AVERAGE $4,435
Cattlemen from the southern U.S. resoundingly endorsed the value of the Town Creek Farm genetic program at the Town Creek Farm Sale, Saturday, October 15, 2016, near West Point, Miss.
IT'S THE PITTS -- BULLISH
For years purebred bull breeders didn't get paid what they deserved for making such a big investment in better genetics, so I'm glad to see them finally getting paid handsomely for their better bulls.
THE WORLD ACCORDING TO HOOTER MCCORMICK -- TWILIGHTED
First quarter and the Cowboys were up, and then they scored again. Next thing Hooter knew, it was the second quarter and the Boys were down.
HERE IS WHY NO ONE CAN TRULY BE A VEGETARIAN
I like meat, plain and simple. Beef, pork, lamb, chicken, turkey (not much on duck or goose), all kinds of fish and sea food and various wild game. I like it grilled, broiled, smoked, fried and baked. I like it for breakfast, lunch, dinner and any other meal in between. I just like meat. My idea of a well-balanced meal is some cut of meat (really don't care which) beside a nice serving of potatoes and a vegetable. I like to include a good salad as long as there is generous amounts of dressing.
CHINA LIFTS IMPORT BAN ON U.S. BEEF
News that China is lifting a 13-year import ban on U.S. beef is not helping prices as much as some cattlemen would have hoped.
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