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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BLACK INK -- HIGH TECH FITS MARKETING, TOO
Recently my family bought a camper. I was on the phone describing it to my mom, as she asked, You mean, there's a wall right there? The bed folds down how?
BEEF CATTLE SHORT COURSE HELD AUGUST 1-3
After two years of historic high cattle prices, a record 1,900 producers attending the Texas A&M Beef Cattle Short Course in College Station learned more about the current decline in prices and maintaining profitability despite declining profit margins.
HUNTIN' DAYLIGHT -- THE FUTURE OF CATTLE FUTURES
It is almost certain that finished cattle have put in their summer lows as prices have found support, explained Andrew P. Griffith, agricultural economist at the University of Tennessee.
IT'S THE PITTS -- 10 PLACES NOT TO FIND A COWBOY
If you want to catch a glimpse of a real cowboy here are ten places NOT to look.
SOUND MARKETING PROGRAM IS CRITICAL FOR SUCCESS
A sound marketing program is an integral part of any cattle production operation. Too many producers engage in cattle production without ever establishing a well thought out marketing and sales system.
ETHEREDGE ELECTED LIVESTOCK MARKETING ASSOCIATION PRESIDENT
Jerry Etheredge, Montgomery, Ala., was elected president of the Livestock Marketing Association (LMA). In this role, Etheredge will complete a two-year term leading the nation's largest livestock marketing trade association that represents more than 800 local livestock auction markets and allied businesses.
PRECONDITIONING VITAL PART OF CALF HEALTH PROGRAM
If you have sold a calf recently, I don't have to tell you that calf prices have dropped significantly from 2015. Last year, you could sell about anything and get good money for it; but now, you have to have a good calf to bring the best price. In the right market, preconditioned calves still bring the most money, and there is a good return on healthy calves. Besides a health premium, farmers also sell a heavier calf.
CONSUMER TRENDS HEADLINE BIF CONFERENCE
The prosperity of this entire industry lies with the consumer. Ag economist Ted Schroeder made that statement during the recent Beef Improvement Federation meetings in Manhattan, Kan., June 15-17, but it summed up the theme of the opening session.
WINNER NAMED IN LMA AUCTIONEER CHAMPIONSHIP
Andy White, Ashland, Ohio, proved his world-class talent as a livestock auctioneer at the 53rd anniversary of Livestock Marketing Association's (LMA) World Livestock Auctioneer Championship (WLAC). Paris Stockyards in Paris, Ky. hosted the contest on Saturday, June 18.
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As we approach the heat of the summer months, many producers are battling the heat and humidity that is an integral part of life in the south. Summer brings with it rising temperatures and typically decreasing animal performance.
GENETRUST@CAVENDER'S NECHES RIVER RANCH SALE HELD
Green grass, blue skies and good cattle greeted buyers and bidders alike at the beautiful Neches River Ranch west of Jacksonville, Texas on April 23, 2016 for the annual spring GENETRUST Registered and Commercial Brangus Female Sale hosted by Cavender Ranches.
IT'S THE PITTS -- HUH?
In the May 30 edition of the Auction Exchange there was an ad celebrating the Midwest Auctioneer Roundup contest in Shipshewana, Indiana. There were pictures of the winners, contestants and one precious little three or four year old girl with her hands covering her ears.
DEVELOPING REPLACEMENTS FROM HERD TAKES DEDICATION
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HUNTIN' DAYLIGHT -- COST, COST, COST
At the risk of sounding like the proverbial busted record, while revenue matters to the fortunes of cow-calf operations, cost matters more.
CRIMSON CLASSIC SALE AVERAGES $4,015
The Crimson Classic Santa Gertrudis Sale was held April 30, 2016 in Cullman, Ala.
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