How will the cattle markets close out the year?
"You know, across the board the entire cattle and beef complex has really had a remarkable run since mid-September. We've had a tremendous run in cash markets, futures markets, feeder cattle, fed cattle, and the boxed beef market." That’s what Derrell Peel, Extension livestock marketing economist at Oklahoma State University, tells the Oklahoma Farm Report.
We are in the middle of the fourth quarter now, so what does 2020 look like for the markets? Peel says we may have leveled out, or possibly plateaued on the mama cow numbers. "I think the inventory has plateaued. I'm basically expecting the January 2020 cattle inventory numbers to be plus or minus unchanged. They could be either way slightly, but I don't look for a major change in either one of those."
Click or tap here for Peel’s analysis for the rest of 2019.
Tips to get the most from your corn stalks
This fall, many producers are questioning if they will have enough hay to get through to spring. Tight hay supplies are making it difficult to find hay as well. Now questions regarding options for corn stalks are beginning to surface, says Jeff Lehmkuhler, Extension specialist at the University of Kentucky.
If corn stalks are being considered, they are best utilized when processed. Feeding stalk bales in a ring feeder can lead to significant waste. The best option for using baled corn crop residues for feed is having the bales processed or flail chopping the residue in the field to aid in drying before baling. This will improve utilization and allow for mixing in a total mixed ration (TMR). Processing the bales with a bale processor and feeding into a bunk is also an option rather than a TMR.
Click or tap here for more.
What to do with wet/moldy hay
In many parts of the country, this year’s weather was not particularly friendly for putting up hay. With lots of rain throughout the summer, you may have hay that is wetter than usual and that means an increased risk of fires from spontaneous hay bale combustion, reports onpasture.com.
Check out this 5:19 video that explains why wet hay catches on fire. It’s a result of bacteria/microbes in the hay, breaking down plant glucose, and releasing energy, or heat, in the process. Above 15% moisture, the bacteria thrive, doubling their population every ten minutes. This means that as they eat more and more, and the population continues to expand, the amount of heat generated can increase quickly.
Click or tap here.
What’s with all this sustainability talk?
Regardless of whether we might like the word or agree with its definition, we’re being judged on how we do things in this business. That same scrutiny is being applied to every single product that goes into a shopper’s cart. The folks who are buying beef care about what we did to the product along the way and we have a good story to tell, says NCBA’s Ethan Lane.
But we all know we can tell it until we’re blue in the face and not many folks are going to listen. To get people to pay attention to the beef sustainability story, we must rely on others to help tell it and perhaps more importantly, verify the story that’s being told. In many cases, the groups telling our story are haven’t always had our best interests in mind. One group that has come up in conversations recently is the World Wildlife Fund (WWF).
Click or tap here to learn more about the relationship between NCBA, WWF and other groups involved in the sustainability discussion.
New products for various jobs on the farm
Where else could you spend a day and find everything from a new model of welder to a new type of agent that can substitute for graphite in your planter seed box? You can do it at farm shows!
Farm Progress editors combed shows this fall, uncovering as many unique new products as possible. Eleven such products are showcased here.
Click or tap here to check it out.
Trade deal with China in final stages
White House economic adviser Larry Kudlow said negotiations over the first phase of a trade agreement with China were coming down to the final stages, with the two sides in close, regular contact including a call planned for Friday, Nov. 15. “We are coming down to the short strokes,” Kudlow said. “We are in communication with them every single day right now.”
A U.S. demand that China spell out how it plans to reach as much as $50 billion in agricultural imports annually has been one sticking point as have discussions over what action the U.S. will take to roll back tariffs in return for a phase one deal, people familiar said. China has reiterated its position that removing existing tariffs is a precondition of reaching a deal, reports Southwest Farm Press.
Click or tap here for more.