How Do Angus Commercial Programs Work for You?
Tune in to this podcast episode to hear how the Commercial Programs Department at the American Angus Association works daily to help commercial cattlemen.
“Foster profitability of commercial cattle producers” is one of the five core pillars of the American Angus Association’s long-range objectives. How does it do that? Kasey Brown and Angus Beef Bulletin summer intern Lindsey Sawin chatted with Ginette Gottswiller and Troy Marshall about all the ways the Association’s Commercial Programs Department works for commercial cattlemen.
The Link
You can do it if you want to.
Phone call after phone call talking about this variety then another one. What was your yield last year? Can you send me your soil map? What type of fertilizer do you plan to use? Last January I wanted to hibernate between the phone calls and kitchen-table meetings about seed corn. Most seed corn sales happen way before January. My son, Seth, wanted to sell a particular brand of seed corn and was able to be christened as a dealer in January. Believe me, he didn’t leave many stones unturned. Yet, he was successful in becoming a Tier 1 dealer in that short time.
I love to see young farmers and ranchers getting excited.
Strong Demand Causing High Prices
Retail beef prices show unanticipated spikes close to 2019 levels.
What is the source of strength in beef prices? If beef prices are strong and supplies are reasonably abundant, then the only thing that it can be is strength in demand. It’s the consumer — both domestic and international — and the downstream market. This strong consumer demand is being revealed in retail prices and strengthening the wholesale and farm level prices.
August 9, 2022 | Vol. 15 : No. 8
What Will a Recession Mean to Ag?
Ag sector likely to support economy through possible recession.
While there is a lot of concern about impending recession in the United States, the traditional economic indicators of recession aren’t fully apparent, especially in the ag sector, according to Georgia’s State Fiscal Economist Jeffrey Dorfman, a professor of agricultural and applied economics in the University of Georgia College of Agricultural and Environmental Sciences.
Market Closeout
A marketing wellness check.
To be completely candid, when I heard that the theme of this publication was “your wellness check,” my first thought was, “How does that relate to the cattle business?” So, I did what most people do today. I Googled it. I found that this theme is actually pretty important to what we are doing in the cattle business.
In The Cattle Markets
2022 has brought a rise in slaughter cow numbers due to many factors.
It is no secret that slaughter cow numbers have been elevated this year, but the rate at which it is happening has been puzzling. Higher input costs in the form of hay, pasture rent, fuel, etc. — partially caused by general economic inflation, low stock-to-use ratios in corn and soybeans, and high crude oil prices — have raised the cost of production. Add to that a worsening drought, several years of low feeder-cattle prices, and cull cow prices not seen since 2014-2015 pulled up by a high cull cutout value, and there have certainly been plenty of incentives to sell cows. The long-term question is where this leaves the calf crop in 2023 and beef production in 2024 and 2025.
