News Update
December 17, 2015
Retained Ownership Benefits
Retained ownership on calves through the feedlot is the best opportunity to capitalize on quality genetics, according to Justin Sexten, supply development director for Certified Angus Beef (CAB) LLC. He says within the first year of studying the data, cattle producers can benchmark performance and focus their breeding programs to meet end-product goals.
“The number of Choice cattle in the market now is at an all-time high relative to history. We’ve made a lot of progress over time,” Sexten said. “Retained ownership gives them the opportunity to one, benchmark where they’re at, and focus their breeding program in an area where they now know they may be deficient.”
Understanding deficiencies helps cattle producers put heavier selection emphasis on weak areas rather than spending time and energy on traits that are sufficient to meet goals, he adds.
Watch the full interview on this week’s episode of The Angus Report. You can also catch the show at 1:30 p.m. CST Saturday, 7:30 a.m. CST Monday and 5 p.m. CST each Wednesday on RFD-TV.
World Beef Trade: Exports
Among top global beef exporters, the 2016 market situation is quite variable, according to the latest USDA World Markets and Trade report for livestock and poultry.
India passed Brazil in 2014 to become the No. 1 beef exporter in the world. India, which exports mostly meat from water buffalo (also known as carabeef), continues to see strong demand from southeast Asia, and the halal processing of Indian beef makes the meat popular in Muslim countries. Indian beef exports, which have increased more than threefold in the last six years, are expected to increase again in 2016, keeping India as the top global beef exporting country.
Brazil is expected to regain the No. 2 position in global beef exports in 2016, with an increase in exports from the 2015 level, but still remaining below the record level of 2014. Brazil overtook Australia in 2004 as the leading beef exporter, losing that position back to Australia for one year in 2011 before being overtaken by India in 2014 and again by Australia in 2015.
For more information, view the full article in the Angus Beef Bulletin EXTRA.
New Leadership Represents Texas Cattle Producers
The Texas Beef Council’s (TBC) newly elected board of directors began the new fiscal year leading the state’s producer-run beef marketing organization. The TBC board of directors consists entirely of beef producers providing representation of the state through organization affiliation.
Austin Brown III of Beeville is the newly elected chairman of the TBC board. Brown represents the Texas and Southwestern Cattle Raisers Association. Brown is a cow-calf producer and ranches in south Texas.
Jason Beyer of Dublin will represent the packers on the TBC board and is the newly elected vice chairman. Joining Brown and Beyer on the executive committee are Ryan Moorhouse, Steven Lastovica and outgoing chair, Dave Edmiston.
For more information, please view the full news release online.
Kansas Junior Beef Producer Day Planned for March 5
March 5, 2016, is the date for the Kansas Junior Beef Producer Day to be hosted at Kansas State University’s (K-State’s) Weber Arena in Manhattan.
The day brings together youth, parents, beef project leaders and others to increase their knowledge about beef production and management. The event is designed to be an engaging educational experience for participants of all ages and skill levels.
Registration begins at 8:45 a.m., with the program starting at 9:30 a.m. Featured speakers and K-State faculty and staff will cover such topics as: nutrition and management, meat and carcass evaluation, beef industry leadership and communication, health, reproduction, and a showmanship clinic.
Go online to register and access a complete schedule for the day’s events.
Master Marketer Program in Abilene
The Texas A&M AgriLife Extension Service will conduct the 2016 Master Marketer Program beginning in January.
The four-part series, preceded by an optional leveling workshop, will be conducted at the Texas Education Agency Region 14 Education Service Center, 1850 State Highway 351 in Abilene.
The Master Marketer program is an intensive 64-plus hour workshop stretching over eight weeks, said Bill Thompson, AgriLife Extension economist at San Angelo. Thompson is responsible for bringing the program to West Central Texas.
“The program focuses on increasing the understanding of key agricultural marketing concepts with the goal being to equip participants with the tools needed to develop a marketing plan and sound marketing practices, and to increase their use of the basic tools of market analysis. The bottom line of the series is to increase each of the participant’s gross farm revenue by 2.5% to 5%.” Thompson said.
For more details on the program, view the complete news release online.
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