The death of Idaho rancher Jack Yantis has faded from the national headlines in the nine months since the tragic event along U.S. 95. His death at the hands of Adams County sheriff’s deputies is not in dispute, though whether authorities believe the shooting was criminal has not been divulged.
Frustration continues to build among the family and local residents because the Idaho State Police finished their investigation on March 11, turning the files over to the Idaho Attorney General’s Office and the U.S. Attorney’s office.
Despite the fact no charges have been filed, the family is moving forward with a civil suit asking for $500,000 for a wrongful death. Yantis had been summoned to the site where his bull had been struck by a car and he was in the process of shooting the bull when he was killed. “It was obvious Jack was not committing a crime and posed no threat to anyone,” the family alleges. “The deputies did not ask Jack to put the rifle down. They did not give him any other requests, commands or warnings.”
Profit Tracker: Margins Back In The Red
Cattle feeding margins eroded $62 per head last week, falling $35 into negative territory. The decline was driven by a $2.50 dip in cash fed cattle prices to a 5-area average of $114.50, according to the Sterling Beef Profit Tracker. The cost of finishing cattle last week was $1,629, compared to $1,601 the previous week and $2,087 last year. Beef packer margins held steady at $129 per head.
Fire Destroys Oregon Hay
Young Jess Bounds lost 15,000 tons of hay and two massive barns near Junction City, Ore., last week. AgWeb blogger Dusty Craig posted several photos of the fire and resulting damage, and reports that Bounds has already vowed to rebuild. Craig writes, “he exports most of his products to the Far East, and luckily, didn't lose the $2 million hay press that he uses for the export part of his business.”
Vietnam Wants More Pork
Most people think of China when it comes to pork consumption, but Vietnam is actually outpacing their neighbor to the north in per capita pork dining.
By 2023, it is projected that Vietnamese citizens will eat 75 lb. of pork per year. That has created a need to grow the country’s pork herd and it has brought in a lot of soybean meal. Purcahses of soybean meal are projected to reach 5.2 million tons in 2017. That’s twice the amount Vietnam imported in 2012. Besides importing soybean meal, Vietnam has been taking in record amounts of whole soybeans to mill themselves. All of these recent activities to produce more pork have made Vietnam the 11th-largest buyer of U.S. farm products.