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July 2013 Articles

Louisiana dairy farmers hang on despite high feed, fuel, fertilizer costs
Scientists study potential value of switchgrass in Louisiana
Swine Influenza
Vaccinate Horses!
Spiritual Corner: A Sense of Direction
Cutting Corners: Pumpkin Roll
A New Normal For Personal Finance
ATV safety vital during work or play
Nuttall oak - one of the best oaks for Louisiana
Insect Management - Red Imported Fire Ants - Environmental and Economic Impacts
Slaughter Weights Above Year Ago, but U.S. Beef Production Lower
Health Care and Nutritional Management of Beef Bulls
Watch out for extra holiday calories
Historical Facts:
Buying your Horse
Strain Urges Corps Not to Lower River Levels
AFBF Urges Presidential Declaration for Mississippi River
Preparation & Reforestation
Forage Quality, Basics and Beef Cattle Requirements Neutral detergent fiber - ce
Interesting Facts About Abraham Lincoln and John F. Kennedy
Did You Know?
Louisiana farmers produce record soybean crop
Statement to Bob Stallman, President, American Farm Bureau, Regarding House Pass
Improving the Profitablity of Contract Boiler Operations
Just Tirty Minutes a Day
Cutting Corners: Peanut Butter Secrets
In Memory of Mr. Ray Ashby, Downsville, La
Moving Notice
Cap Gains Tax Precludes Farmers from Passing Torch
Replacement Heifer Decisions
• Disappointing Year for Cow-calf and Feeding Profits
Brucellosis researcher works in national, international arenas
Leadership
Historical Facts:
Create bird habitats in your yard
LSU AgCenter offers video on in-house pasteurization of broiler litter
New Cooking Show Promotes Buying Local, Cooking with Louisiana Produce
Considerations for an Effective Teeth Floating Program
Replacement Bull Purchases
Crops for Wildlife Plantings, Recommendations, Establishment & Management
Hunting and Fishing Around Bears in Louisiana
Spiritual Corner: God's Creation
Cutting Corners: Owl Cookies: Perfect for Halloween
LDAF Commissioner Promotes Clean Cities Effort
Protecting Consumers with Structural Pest Control Online Reporting
Beware of These Common Scams
Exercise Caution with Credit; Don't Overextend During Holidays
'Crape murder' coming early this year
Fall is for planting shrubs
Historical Facts:
Insect Management - Red Imported Fire Ants - U.S. History
Insect Management - Red Imported Fire Ants - General Biology
Pickens Plan
Did You Know?
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Cow/Calf Expansion Considerations
Per Capita U.S. Supplies of Red Meat and Poultry Declining
Scientists give advice at AgCenter field day on increasing profits
Be On Guard When Shopping For Holiday Gifts Online
Just Rambling, July 2013

(60 articles found)

Archives by Months

Disappointing Year for Cow-calf and Feeding Profits

DISAPPOINTING YEAR FOR COW-CALF AND FEEDING PROFITS Source: University of Arkansas
Drought turned 2012 into a very disappointing year for both cow-calf operations and cattle feeders. Going into the year, cow-calf returns were forecast to be better than 2011’s and estimates were raised in the winter months in part due to calf prices surging to record highs. Cattle feeding returns were expected to improve compared to the severe red ink posted in the last eight months of 2011. Early expectations for a large corn crop this year added to the prospects for improved cattle feeding results. But the drought of 2012 burned-up summer pasture, crushed calf prices, and raised cow-calf production costs. Red-ink on feedlot closeouts surged during summer months as cost of gain jumped to levels never seen before.
Early last spring the LMIC estimated cow-calf returns over cash costs plus pasture rent in 2012 would be record high at about $180.00 per cow. In July, LMIC reduced that estimate to about $80.00 per cow as drought spread. Recently, those estimates were $57.00 per cow. Of course, producers in the most drought-stricken regions had even lower margins. For comparison purposes, LMIC estimated returns in 2011 were about $86.00 per cow. It is fair to say, the drought of 2012 caused average returns for a cow-calf operation to decline by about $125 per cow compared to the no-drought situation.
If a cattle feeder sold steers every month, 2012 recorded record annual losses in the LMIC calculated return estimates. The LMIC assumes a 750-pound steer is fed-out and all feedstuff costs, yardage, etc., are reflective finishing in a Southern Plains commercial feedlot. Also, LMIC calculated returns include no risk management or any above average sale price premiums. In 2012, the annual loss is now estimated to be just over $150.00 per steer. That compares to the prior record red ink year (2008) at about -$126.00 and 2011’s -$88.00. This year also has the distinction of having the month with the largest loss ever, which was June at over $300.00 per head. LMIC has made monthly estimates since the mid 1970’s.
Drought in 2012 took away the economic ability to begin the process of expanding the U.S. beef cowherd at least for another year or more. Drought also has pushed more cattle feeders and feedlot owners into financial stress.
Source: Livestock Marketing Information Center (www.lmic.info)

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