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UNL model: 80% of Corn Belt sees yield potential at or above average

Corn is or has recently finished pollinating throughout Nebraska and the Corn Belt. During the last two weeks, after the July 15 end-of-season corn yield estimates, weather conditions remained close to the long-term means in many locations. For dryland yields, the yield scenarios continue to be favorable.

News

Photo of the day: "Picnic partner"

Today's photo of the day goes to Stemple Creek Ranch, a family owned and operated cattle ranch in Marin county, Claifornia! They uploaded a cool photo of a couple cows grabbing a snack. To see more of Stemple Creek Ranch follow them @stemplecreek!

News

Ranch succession-planning series: Work for someone else before your family

Part two: Define Compensation and responsibilities. There is a lot to be gained by the next generation working for someone else before they return to the family operation, says Dave Specht, founder of Advising Generations LLC. “A lot of people assume the easiest career path is to just go home to the family operation. It’s not the easiest,” he warns.

Industry

Beef herd expanding quickly, but will it continue?

The nation's beef cow herd has started down the path of the largest expansion in 25 years. The last major expansion was from 1990 to 1995 when the herd grew by ten percent. The industry had started on a modest expansion in 2005 and 2006, but producers aborted that expansion cycle due to the Southern Plains drought and the start of the high feed price era late in 2006.

Markets

Boxed Beef Report: Beef prices mixed

Choice boxed beef prices rose 39 cents over the weekend from $233.27 to $233.66. The increase brought the 27-day average price to $239.87. Select boxed beef fell from $229.69 to $229.11, a 58-cent drop bringing the 27-day average price to $236.43.

Choice primal round saw the largest increase over the weekend of $1.52 to hit $221.54. Choice primal short plate had the largest fall of 75 cents, with choice primal brisket right behind at 74 cents.

Industry

FDA video documents BSE policy and progress

Thanks to decisive, science-based preventative measures, bovine spongiform encephalopathy (BSE) has become exceedingly rare in the United States. Continued vigilance and compliance with feed regulations remain important though, according to a new FDA video that outlines the history of BSE and the results of rules designed to prevent its spread.

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