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In 2012, the law allows 50 percent first-year bonus depreciation for qualifying new assets that have a tax life of 20 years or less. The “placed-in-service” deadline is Dec. 31, 2012.
Cattle markets have made a mild retreat this spring with fats and feeders dropping back about $10 from their most recent record highs in late winter.
(Click here or on the image at right to view it at full size in a new window).
It’s unclear whether the market simply needs to catch its breath or if demand cannot maintain the inflated levels.
Just a few short weeks after the lean finely textured beef (LFTB) debacle started to subside, the beef industry confronted another consumer-sensitive food safety concern from a much more familiar villain.
Every year ranchers all across the country have to fix or rebuild worn out stretches of fence. Whether a person likes it or not, we know this job has to be done.
We also know the cost of building and maintaining fences is expensive. In fact, it is one of the most expensive outputs associated with any grazing program.
It is hard to ignore the signs of feedlot expansion in the Upper Midwest.
Over the past year, cattle-on-feed numbers have increased in many of the Upper Midwest states, and this is in spite of increasing corn and feeder calf prices.
My generation is what some call “Millennials.”
We are a generation that is reliant upon technology and instant communication. We sometimes ask too many questions and can be exceedingly passionate in our interests and endeavors.
As the fourth generation of the Grisedale Ranch, I’ve been able to experience 16 years of a ranch that is constantly working to improve techniques to make beef production safer, more humane and more efficient.
I’m what you might call an unconventional cattlewoman. When I tell folks I hail from south-central Pennsylvania, cattle country isn’t the first thing they think of. They find it hard to believe that Pennsylvania ranks 20th in the nation for beef production and is home to approximately 1.6 million head of cattle.
For producers to capture the most value from their calf crop, a carefully planned marketing strategy is essential. A critical component of developing a marketing strategy is having an understanding of the factors that influence calf prices.
In March 2011, a report from the USDA Economic Research Service (ERS) was published titled “The Diverse Structure and Organization of U.S. Beef Cow-Calf Farms.” It’s probably not a surprise to anyone associated with the beef industry that the title itself provides an accurate description of this segment of our industry.
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