ANGUS BEEF BULLETIN EXTRA

May 4, 2020 | Vol. 13 : No. 4

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The Link to Profitability

Wyoming ranch uses AngusLink to increase premiums and operation growth.

Jordan Willis decided he wanted to be a cowboy at age 3. He grew up driving tractors and branding calves, and simply never thought he wouldn’t raise cattle.

While Jennie didn’t grow up with this certainty or cattle background, she’s jumped in with both feet. Now she’s a vital part of the operation and can’t imagine doing anything else.

Having been together and ranching for more than 15 years, she says, “Anybody can do this if you work hard enough.”

Always Move Forward

As our country and the world are challenged by uncertainty — we embrace reflection.

It’s in times like these where what we value in life suddenly seems so clear. So, we celebrate those who provide us with the necessities of life. In a world we have never seen before, we hold on to the past and are optimistic about the future — we know you will always move forward.

Get Your Steps

Number of steps per day more important than step intensity.

Doctors often recommend walking as an easy way for inactive people to ease into better health. Taking 4,000 or fewer steps a day is considered a low level of physical activity. A goal of 10,000 steps a day is commonly cited, but recent studies have shown that health benefits accrue even if fewer than 10,000 steps are taken daily.

Pocket the Change

While smaller producers are at a disadvantage at sale time, management and marketing changes can increase their paycheck.

If you’re a smaller-scale producer, it is hard not to be envious when you look over the fence and watch the semi pull away from your neighbor’s corral. It’s a fact: Buyers are going to pay more for the uniform truckload of steers. The encouraging news is you can increase the price you get at the sale barn with a few doable changes. Following is a selection of tips from stockyard managers.

Common Ground

Market unrest and a seat at the table.

Consumers are depending on farmers and ranchers more than ever right now, yet producer livelihoods are being threatened. The discrepancy is beyond ironic and suggests a broken system.

The subjects of price discovery, market transparency, packer concentration and equitable margin sharing have been controversial within the cattle industry for decades. The concerns around these issues, however, have reached a new level following the packing plant fire in the summer of 2019 and now through the COVID-19 crisis.

Angus Election Underway

Delegate nominations due June 12.

The American Angus Association is making preparations for the 2020 Annual Convention of Delegates, hosted in conjunction with the Angus Convention Nov. 7-9 in Kansas City, Mo. In accordance with the Association bylaws, forms have been mailed to every eligible voting active life and regular Association member who qualified as an eligible voting member to nominate delegates to the annual meeting.

Tax Savings Opportunities

Accountants offer insight into business and individual tax options from the CARES Act.

On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the third phase of legislation aimed at fighting the COVID-19 pandemic and mitigating the related economic harm for families, workers and businesses. It’s the largest stimulus package in history, with an estimated cost of $2.2 trillion. The CARES Act, among other things, provides “recovery rebates” to individuals, expands and enhances unemployment benefits, extends loans and loan guarantees to eligible businesses, offers funding for the healthcare and education systems, and provides tax relief for businesses and individuals.