Crop growers are not the only ones needing a risk management system this year. Farm analysts say now is the best time for cattle ranchers to check out their options.
“Some people are checking cattle at night. We’re calving heifers. We’re calving cows. Those calves are hitting the ground, and just think about if you could insure those cattle for today for, let’s just say, $1,600, and you’re spending about $50 to $60. Maybe you don’t want to spend that much. Maybe you want to insure that calf for $1,000 and spend $10 or $15. Those are some of the options that we could look at on those cattle that are hitting the ground right now,” said Clay Burtrum.
Butrum says at the end of the day, you want to make sure you keep yourself profitable while protecting the business for the next generation.
Several fires have merged into Kansas’ largest active wildfire as crews continue battling shifting winds and dry conditions.
The Texas Agriculture Commissioner says crews are still working to contain fires while farmers and ranchers begin assessing damage.
USMEF President and CEO Dan Halstrom joins us to discuss China’s renewed access for U.S. beef facilities, the outlook for exports, and key conversations taking place at this week’s Spring Conference.
Triangle H received the 2022 Feedyard Commitment to Excellence Award from Certified Angus Beef, gaining national recognition for its cattle care and quality.
Higher food costs are showing up beyond the grocery aisle, with some major restaurant chains shrinking their U.S. footprint.
USDA officials are increasing surveillance and sterile fly dispersal efforts as New World screwworm cases continue growing in Mexico near the Texas border.