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Farmers, ranchers and small-business operators can elect to take additional deductions in the first year for machinery and equipment purchases in 2011. These elections were extended under the recent tax law changes, according to Texas AgriLife Extension Service economists.
SHARON, N.D. -- It's déjà moo for Chris Johnson.
For the second straight year, the Sharon, N.D., rancher and his family have seen a torrent of twin calves that far exceeds what's normal.
The spring feeder cattle marketing season in the Northern Plains is wrapping up, as most backgrounded cattle reached market weights and have been sold to feedlot buyers. Many auction markets are reporting sales volumes at 20 to 30 percent of peak runs in February. And the percentage of heifers selling is outnumbering steers as the heavier weight steers were sold earlier.
The hot-iron brand, the West’s most recognized ownership stamp for 150 years, isn’t grading well with federal officials searching for uniform ways of identifying livestock.
COLLEGE STATION, Texas – A conference that will address the growing trend of grass-fed beef production is scheduled June 8-9 at Texas A&M University in College Station.
Cattle prices peaked-out at the end of the first quarter with all classes posting impressive new all-time highs that far surpassed previous records. However, April saw market levels begin to retreat with pressure looming from higher inputs (grains and fuel) and the tapering-off of demand for stocker cattle and calves. The first week of April marked the first time since the winter storms cleared-up that the demand for feeder cattle actually outweighed that for stockers. Feedlot replacement cattle sold $1 to $4 lower for the month, while lighter-weights lost $3 to $8 of value. Fed cattle ended April $8 off their late-March highs, but feedlots were mostly able to keep cash sales at a premium to the Board.
If you’ve spent any time engaging in a discussion that promotes your beef product, you’ll eventually come to talking about what your cattle eat.
And today, that probably makes you well versed in the debate over grain-fed vs. grass-fed beef.
For the second time in six years, a federal court has ruled that the Environmental Protection Agency cannot require confined animal feeding operations to obtain a water pollution permit unless the operation has actually polluted into waterways.
There are many websites and radio advertisements that offer services to help “compromise” IRS tax bills.
Many of these offers make dubious claims and can entail up-front costs that exceed the results produced.
“It’s too soon to tell,” say various experts who have started to weigh in on the potential impact of Japan’s tragic earthquake and resulting tsunami on beef imports by the island nation.
Japan is the largest customer for U.S. beef and pork exports in terms of dollar value. Japan accounted for 30 percent of U.S. pork exports and 15 percent of U.S. beef exports last year, according to Meat Trade News Daily.
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