ANGUS BEEF BULLETIN EXTRA
December 7, 2020 | Vol. 13 : No. 11
Association Elects New Officers, Board Leadership
World’s largest beef breed organization continues to be guided by industry thought leaders.
Delegates selected to represent their respective states at the American Angus Association’s 137th Annual Convention of Delegates in Kansas City, Mo., Nov. 9, voted in-person and online to elect five new directors, a chairman and a vice chairman to lead the organization. The annual meeting took a virtual twist in 2020 to allow members to conduct business in a format streamlined by necessity due to COVID-19 regulations.
Seven Year-end Tax Planning Strategies
The CARES Act and other COVID-related relief programs offer new tax planning opportunities.
As we approach the end of the year, review these last-minute moves to potentially reduce your tax bill for 2020. While some of these planning strategies may look familiar, the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related relief have introduced new techniques you may want to consider. Consider these seven planning ideas in consultation with your tax advisor.
Researchers Find New Lead for Disarming Antibiotic-resistant Bacteria
Bacteria-infecting viruses may have novel uses in medicine.
A virus can stop bacteria from sharing genes for antibiotic resistance among themselves, Texas A&M AgriLife researchers have discovered. The results hint at new ways to treat infections and describe a new feature of a highly diverse, largely unexplored part of the biosphere.
Association Moves Forward in 2020
Challenges, success define fiscal year for the Association and its entities.
The American Angus Association posted a strong year for fiscal 2020. It was the sixth consecutive year with more than 300,000 animals registered, and members transferred 142,651 head. Regular and junior membership totaled 25,000, and Montana topped the list with the highest number of animals registered at 34,113 for the fiscal year that closed Sept. 30.
“Without question, this year was loaded with uncertainty and change,” says Mark McCully, American Angus Association CEO.
Common Ground
Driving our future.
Regardless of your affinity for strategic planning, I think most would agree that clearly defined objectives are important for any successful business or organization. As we look strategically at our ever-changing industry, the Board of Directors of the American Angus Association recently adopted five long-range objectives to increase focus and provide more clarity to our organizational priorities.
Angus Entities Keep Moving Forward
Entities overcame 2020 challenges, look forward with continued focus on members and customers.
There is no question that 2020 has had its share of curveballs, but the ability to pivot has uncovered silver linings in the Angus business. The four leaders of the American Angus Association entities sat down with Association CEO Mark McCully at the 2020 Angus Convention to discuss how each entity handled those curveballs and how they are keeping their eye on the future.
Angus Internship Applications Now Open
Four hands-on internship opportunities are available to college students.
In agriculture, learning by doing has proven to be the best form of experience. Applications are now open for college-age students to apply for the American Angus Association, Angus Journal and Angus Genetics Inc. 2021 summer internships. These 10-week internship programs provide a unique hands-on experience that will both challenge and instill confidence both professionally and personally.
