Livestock Gross Margin (LGM) Plans of Insurance

WASHINGTON, Nov 10, 2011 - The Risk Management Agency announces that the next sales date for LGM is November 18, 2011. In particular, approximately $7 million in underwriting capacity is allocated to support LGM for Dairy Cattle for the Nov 18 sales period. This will bring the total to approximately $13.2 million for fiscal year 2012. Sales will begin no earlier than 4:30p.m. CST. Sales will begin on the half hour if information to determine the Expected Gross Margins is not available by 4:30p.m. CST. For instance, if the expected gross margins have not been released by 4:30p.m. CST, sales will begin at 5:00pm CST and so on.

Click Here to go the RME Home Page

Over $20,000 to be Awarded in the 2010 World Forage Analysis Superbowl

Madison, WI.--In conjunction with the World Dairy Expo, the 27th Annual World Forage Analysis Superbowl will aware over $20,000 in cash prizes.  Special thanks goes to Mycogen Seeds, the contest's Platinum Sponsor.  Case IH is the contest's newest sponsor and will awarded the Grand Champion Forage Producer with a check for $2500.  The Grand Champion First Time entrant will receive $1500 from Kuhn North America.  Each of the six categories will receive a check for $1500

Why Does the U.S. Both Import and Export Beef?

COW/CALF CORNER
The Newsletter
From the Oklahoma Cooperative Extension Service
June 4, 2010

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist

The job of markets is to seek out the highest value for products produced and encourage the most efficient use of resources to facilitate that production. Keeping this in mind helps explain current production and trade relationships in the U.S. beef industry. The U.S. is the largest producer, the largest consumer, the third largest exporter and the largest importer of beef in the world. I get many questions about U.S. beef trade and particularly why we need to import beef.

CWT Announces Another Dairy Buyout --- Watch the Cull Market in July and August

Cooperatives Working Together  (CWT) has announced another dairy buyout event.  Although it does not look like it will draw down the dairy herd very much, the cull cows will probably be sold during the traditional lull  (and high price) in the cull cow market.  If your marketing strategy for your culls involves marketing them in July or August, you may wish to read the news release (below) and keep and eye on what is going on in the cull market.
Chad

FOR IMMEDIATE RELEASE Contact: Jim Tillison
CWT ANNOUNCES HERD RETIREMENT