NDSU Extension - Ramsey County

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December 6 Agriculture Column

Howdy!!!

Winter has definitely made a splash with snow and hopefully this will settle down for awhile.  We do not need anything like we had in 1996-1997.  This would be devastating for many different entities but in particular our agricultural community.  The Ramsey County Crop Improvement met yesterday morning and discussion involved a topic on Fuel tank regulations.  We have a one hour session strictly on SPCC  and how to handle the new regulations coming down from EPA.

I copied the following information from the from a cattle source out of Iowa and thought it would have some merit fro our local cattlemen and women.  Cattle markets are sizzling like a steak on the grill, up 25 percent this year on news of dwindling domestic supplies and strengthening demand for beef both in the U.S. and in export markets.

The U.S. Department of Agriculture will be out this afternoon with another report on domestic cattle supplies.

Cattle prices continue to be strong. The futures contract for feeder cattle, those going for January delivery onto feedlots in Iowa and the other big feeder states, Texas, Nebraska, Kansas and Colorado, are up from $106 per hundredweight in October to $118 today.

 Live cattle, those emerging from the calf stage at about 600 pounds, have risen from $101 per hundredweight a month ago to $107 beginning this week.

The roughly 20,000 cattle producers in Iowa, who generate about $4 billion in cash sales and supply product for packinghouses in Denison and South Sioux City, Neb., are enjoying their first profitable year since 2007.

But as always, there are threats in the market. Corn prices have topped $5 per bushel since September, bringing back higher feed costs. Domestic and foreign demand is likely to be undercut by cheap chicken expected to flood the market from surplus poultry stocks.

Calendar

            Dec.10                          District Crop Improvement meeting, Lakota

            Dec. 24                         Closed for Christmas

            Jan. 4-5                         Lake Region Extension Roundup

            Mar. 8                           Pesticide training, Hampden

            April 5                           Pesticide training, Devils Lake

 

 

 

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