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Friday, February 13,2015

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The War on Fat reconsidered

by WLJ
Yet we still see daily limits on dietary fat, as though all fat is the same. What is the truth? Well, the answer and what you did not know about fat grams is best addressed by Dr. Stephen Smith, Texas A&M University Meat Biologist, who has spent most of his career studying the subject.

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Friday, February 13,2015

USDA sets 256 natural disaster areas due to drought

by WLJ
The U.S. Department of Agriculture (USDA) has previously designated natural disaster areas in 256 counties across Arizona, California, Colorado, Idaho, Kansas, Nevada, Oklahoma, Texas, and Utah due to drought conditions in 2015.

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Friday, February 13,2015

Artificial insemination increases value, profits

by WLJ
Calf prices have steadily increased for several years. Since spring 2014, replacement female prices have remained at record levels as well. It is only reasonable that bull prices would follow the trend. This has led many producers to explore options to owning enough bulls to cover their cows in a defined breeding season.

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Friday, February 13,2015

Agricultural producer's income tax filing deadline is March 2

by WLJ
• The 179 expense election for 2014 is $500,000. Generally, the 179 expense election allows producers to deduct up to $500,000 of machinery or equipment purchases for the year of the purchase. There is a dollarfor-dollar phase-out for purchases of more than $2 million.

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Friday, February 13,2015

2014 food inflation was close to 20-year average despite beef

by WLJ
The Great Recession helped push down at-home food price inflation to just 0.5 percent in 2009 and 0.3 percent in 2010. Inflation was again higher than the 20-year average in 2011, reaching 4.8 percent. However, in 2014 retail food prices rose 2.4 percent, near the 20-year annual average of 2.

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Friday, February 13,2015

Value records for beef exports in 2014

by WLJ
In December, beef export volume slipped 2 percent year-over-year to 100,270 mt, though value still increased 17 percent to $643.2 million. December pork export volume was down 5 percent to 183,498 mt, but value still achieved a slight increase to $541.3 million.

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Friday, February 13,2015

Woodland owners have opportunity for tax break

by WLJ
The tax filing due date is a couple of months away, but it’s not too early to start collecting information and planning for your return.

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Friday, February 13,2015

Five questions non-operator landowners need to ask

by WLJ
But how do non-operator landowners (people who rent their land to farmers) know if their tenants are doing everything they need to do to make and keep their soil healthy? Barry Fisher, an Indiana farmer and nationally recognized soil health...

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Friday, February 13,2015

Old rules of thumb can be wrong

by WLJ
It’s a new world of cattle prices and some of the old rules of thumb that have been used for years need to be modified. I still hear folks talking about a $10/ cwt. slide for calf prices… the idea that calf prices should decrease by $10/ cwt. or 10 cents per pound as weight increases.

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Friday, February 13,2015

New dietary guidelines may impact beef industry

by WLJ
The 2015 Dietary Guidelines for Americans could have negative consequences for the beef industry. Updated every five years, Dietary Guidelines for Americans are jointly issued by the U.S Department of Agriculture (USDA) and the Department of Health and Human Services (HSS).

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