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Friday, January 31,2014

Kay's Korner

Beef prices won’t be COOL

by Steve Kay - Contributing Columnist
Supporters and opponents of country of origin labeling (COOL) have been deeply divided ever since the idea of COOL emerged in the late 1990s. That divide continues to play out not just in the country but in the corridors of Congress.

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Friday, January 24,2014

Our Beef Checkoff, our responsibility

by WLJ
As we enter 2014 in earnest and prepare for our annual cattle industry convention, I have spent some time contemplating the challenges and successes that we encountered in the beef industry during the last year, both from my perspective as a cattle producer and as the vice chairman of the Cattlemen’s Beef Board (CBB).

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Friday, January 24,2014

Black Ink

Keeping it consistent

by Kris Ringwall, North Dakota State University
After living through the summer of 2012, a farmer in my area might be tempted to plant longer season corn. That year it warmed up early, was a hot dry summer that stretched well into fall. The 117-day varieties out-performed the 112-day ones that are common in central Nebraska.

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Friday, January 24,2014

Markets gone wild

by Pete Crow - Publisher
It was another wild record-setting week in the cattle and beef markets. The boxed beef cutout values moved over $240 on Choice product and $237 on Select trade volume was called moderate. Packers had to come to terms with paying as much as $150 for live fed cattle in the north and $239 for dressed CROW.

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Friday, January 17,2014

An extraordinary market

by Pete Crow - Publisher
After months of reduced feedlot placements, the decline in fed cattle production and beef supplies is finally coming home to roost. Live cattle prices reached a new all-time high last week with the bulk of fed steers trading at $140 to $141, and some cleanup trade as high as $145 live.

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Friday, January 17,2014

Beef Talk

No shortcuts in the beef business

by Kris Ringwall, North Dakota State University
Given the recent cold wave across the country, walking across cold snow is notable. There are several types of snow. The fashionable snowflake is poetic, so we smile at the beauty, shape and the mild weather required to gently layer the land. Soon to follow is Jack Frost, those beautiful ice crystals on a cool but not cold morning.

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Friday, January 17,2014

Legally Speaking

The IRS and business plans

by John Alan Cohan - Contributing Columnist
In recent years the IRS has ruled that a written business plan is important evidence which tends to prove that you are operating in a businesslike manner. The Tax Court has said that in hobby loss cases you should have “some type of plan” for the venture.

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Friday, January 10,2014

Beef Talk

What’s in the bull soup?

by Kris Ringwall, North Dakota State University
Buying bulls is like making soup. You put in a bit of this and a bit of that and in the end, you have good soup. Likewise, a piece of this and a piece of that and you assemble a good bull. Unlike the soup you make from scratch, the bull already is made, but you have to find him.

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Friday, January 10,2014

Going "green"

by Pete Crow - Publisher
There’s that word again— “sustainability”—and now McDonald’s is using it. I think I know how most ranchers define sustainability— the ability to make a profit from one year to the next. And if you look around, there are lots of ranches in this country with long productive histories.

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Friday, January 10,2014

Kay's Korner

SuKarne keeps growing

by Steve Kay - Contributing Columnist
The U.S. cattle feeding industry has depended for years on Mexican feeder cattle to help fill its pens. Annual imports have averaged about one million head, although they have fluctuated dramatically at times, in large part due to drought. That’s why 2011 and 2012 saw more than 1.

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