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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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Cattle Today Articles about the production of beef cattle and livestock. PROTECTING YOUNG BUCKS INCREASES HERD POTENTIAL Mississippi State University research has found that protecting young bucks improves herd health and creates a better hunting experience. GRID PREMIUMS SHOW BENEFITS OF VALUE-BASED MARKETING When you get a bonus on grid cattle, sometimes it's easier to count your blessings than to ask why. AUGUST PORK AND BEEF EXPORTS DOWN FROM 2008 While selected markets performed very well, the global pace of U.S. pork and beef exports lost ground in August compared to 2008, according to statistics released by USDA and compiled by the U.S. Meat Export Federation. BEEF INDUSTRY NEEDS MORE FEED-EFFICIENCY DATA Feed accounts for 65 percent to 80 percent of total beef-production costs. With grain prices at their highest levels ever, finding a way to lower those costs is important to cattle producers. DEMAND FOR CAB HAS HELD UP WELL When times are lean, sales of luxury items are typically the first to fall off. However, when it comes to beef, it appears that consumer demand for the higher quality and pricier Certified Angus Beef ® (CAB®) brand held up better than that for USDA Choice or lower grade beef. RESEARCH PAPER LOOKS AT UPSWING IN QUALITY GRADES Three years ago, a 30-year decline in beef quality grades was apparent, with only half of fed cattle grading USDA Choice. The Choice/Select spread hit record highs in 2006, but today the picture is much different. July figures show 60.1 percent of the harvest mix graded Choice the first half of this year, but why? SECOND ANNUAL DUCK RIVER ANGUS CLASSIC HELD OCTOBER 17 The Second Annual Duck River Angus Classic was held October 17, 2009 in Columbia, Tenn. AS COWS EAT, SO GROW THE CALVES Your cowherd checklist might look pretty sparse after the calves are weaned and rebreeding is confirmed. Maybe the cows regained some condition and they're coasting now on crop residue. Next item would be, what, calving? SOUTHERN SOURCE ANGUS SALE HELD SEPTEMBER 26 The Southern Source Angus Sale was held September 26, 2009 in Cullman, Ala. CATTLE GRAZING BEHAVIOR CAN BE USED TO MANAGE CATTLE Cattle are grazers and browsers, eating a wide variety of grasses, forbs and leaves/bark from shrubs and trees. Not having upper front teeth, cattle can't nip off plants as a horse does but use their flexible tongue to wrap around a "bite" and break it off with a movement of the head. They bite short grass with the lower teeth and hard upper palate, but cannot graze as closely as a horse or sheep. CREATIVE ADVERTISING BENEFICIAL FOR TAX PURPOSES Advertising and promotion are important for any ongoing business or service, even if you have significant good will and public recognition of your product or service. This is true for farmers, ranchers and horse owners just as in other businesses. IT'S THE PITTS -- THE CHECK IS IN THE MAIL When I was a little boy my father put me on a chair and said, Jump and I'll catch you. I did and he didn't. As I gathered myself up off the floor he said in a stern voice, Let that be a lesson to you. Don't ever trust anybody. MYCOTOXINS ARE A SIGNIFICANT ISSUE IN GRAINS AND FEEDS Every year about this time cattlemen are taking a serious look at how they are going to feed/supplement their cattle through the winter. In many if not all cases there is a focus on how this can be done as cheaply as possible. COMMODITYINSITE.COM The Gross Domestic Product report for the 3rd quarter showed US economic growth rising a brisk 3.5 percent. The data was above expectations and the best showing in two years. HUNTIN' DAYLIGHT -- WAITING FOR THE ECONOMIC SUN Net returns have been pressured again in 2009, as input costs remain rather high compared to historical norms while calf prices have struggled, say analysts with the Livestock Marketing Information Center (LMIC). Calf prices are forecast to be slightly higher in the fourth quarter of this year than in 2008, however for the year, calf prices will still be the lowest since 2003. |
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