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Friday, February 20,2015

Research shows soybean yield losses are caused by weather variations

by WLJ
Researchers have determined that precipitation and temperature variations over the past 20 years have suppressed the U.S. average soybean yield gain—how much it improves every year—by around 30 percent, contributing to an industry loss of $11 billion nationwide.

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Monday, February 16,2015

DAILY FED CATTLE; Feb 16

by WLJ
Thus far for Monday trading has been inactive on very light demand. Not enough sales for a market trend. Last week in the Southern Plains live sales sold at 162.00, with a very light test in both regions

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Friday, February 13,2015

WEEKLY FEEDER CATTLE SUMMARY; Feb 13

by WLJ
Compared to last week, the feeder cattle market was following through on the support that was shown late last week to be steady to 5.00 higher with the Southeast complex more in the 4.00 to 8.00 higher range as backgrounders are looking to succeed in acquiring their grass cattle now.

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Friday, February 13,2015

Did You Know

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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