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The Cattle Business Weekly

The Cattle Business Weekly newspaper

For cattlemen, by cattlemen is this podcast bringing you the latest in cattle industry headlines straight from the news desk of The Cattle Business Weekly in South Dakota. It"s a dose of what"s happening in markets, on the ranch and in Washington, D.C. It"s news about everything that impacts a cattle operation"s bottomline (aka profit). Listen to us in the feed truck, on the way to a cattle sale or on the porch with a beer! We promise you won"t go away without having learned something.

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All Episodes

3:00

Is there a method to the madness?

The Cattle Business Weekly ·

2024/10/29

By Codi Vallery-Mills, Editor As always, it has been a busy fall season both on the ranch and in the Cattle Business Weekly office. I’m sure many of you can relate. This October, the weather on the western side of South Dakota has lent itself to one of the more beautiful falls I can remember. The days have been pleasant, the autumn colors have been spectacular, and we even got our first rain in over a month. The moisture arrived with a dreary, cool day perfect for getting inside work d...

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1:44

Berwald Red Angus Named 2024 Breeder of the Year

The Cattle Business Weekly ·

2024/10/23

Berwald Red Angus, owned by Austin and Becky Berwald of Toronto, South Dakota, has been crowned the 2024 Breeder of the Year by the Red Angus Association of America. The award was presented by, Seth Leachman at the National Red Angus Convention in Lincoln, Nebraska, on Sept. 12. Recipients of the prestigious Breeder of the Year award have shown exceptional dedication to preserving and enhancing the Red Angus breed’s reputation within the cattle industry, while upholding and advancing the high...

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3:16

EID to replace bangs tag Nov. 5

The Cattle Business Weekly ·

2024/10/23

By Bethany Johnston, UNL Extension If current USDA rules are not changed, orange metal clips will soon be a relic of the past. Starting November 5, 2024, your veterinarian will not be tagging with metal clips, but instead will use electronic identification (EID) tags. Veterinarians used metal clips to identify heifers receiving the brucellosis vaccine (“bangs”), and to identify animals moving between states. In the spring of 2024, the Animal and Plant Health Inspection Service (A...

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1:37

Have you been to the auction?

The Cattle Business Weekly ·

2024/10/23

The calf runs across western South Dakota are in full swing and if you have not been to one, I’d encourage you to read through the sale reports in this week’s Cattle Business Weekly. It looks like our commercial cow/calf producers are having a pretty darn good year! I’ll list a few highlights from last week. Fort Pierre Livestock Auction sold three loads of 637/638-pound steers from one producer that brought 307.50! Philip Livestock Market had a big load of 654-pound steers that ...

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2:08

Mission: Montana

The Cattle Business Weekly ·

2024/10/22

European cattle raisers are interested in Montana Angus genetics By Codi Vallery-Mills Taking in a few stops on the Montana Angus Tour in September were European cattle producers from Estonia, Finland, Bulgaria, Austria, and Hungary. They were part of the Montana Department of Agriculture’s Beef Genetics Inbound Trade Mission which brought foreign cattle producers to the Big Sky state to view cattle genetics. International Marketing Officer Weston Merrill with the Montana Department of Agricu...

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3:05

Guess your own Cattle On Feed report: October 2024

The Cattle Business Weekly ·

2024/10/20

By Matt Dabrowski It’s time to guess your own Cattle On Feed report. The next report, to be released on Friday, comes in a transitional time for cattle markets. Cattle futures declined the first week in September, mirroring the downward trend seen in most other commodities. But the Federal Reserve cut interest rates for the first time since the coronavirus pandemic on September 18. Since then, the combination of favorable volatility and easier financial conditions has benefited our markets. L...

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2:21

Cattle Prices Creeping Higher

The Cattle Business Weekly ·

2024/10/17

By David Anderson, Ph.D. Professor and Extension Specialist – Livestock and Food Product Marketing Department of Agricultural Economics Texas A&M University Fed cattle prices have been climbing, slowly, following the market correction that began in late July-early August. After falling from a high of 7.09 to 1.18 per cwt. the 5-market weekly average has climbed back to 6.89 over the last 4 weeks. Prices were in the 8 range later during the week ending October 4th. Normally, fed ...

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3:02

Managing Frost-Induced Prussic Acid Risks

The Cattle Business Weekly ·

2024/10/16

Frost is one of the primary environmental factors that can lead to increased prussic acid content in sorghum species, forage sorghum, sorghum x sudangrass, and sudangrass. When a frost occurs, the stress it places on the plant can cause an accumulation of dhurrin, a compound that breaks down into prussic acid. If livestock consume forage with elevated levels of prussic acid, it can result in acute toxicity, leading to symptoms such as muscle twitching, staggering, and even death within minute...

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4:28

Steps Towards Fairer Markets

The Cattle Business Weekly ·

2024/10/16

USDA has proposed rules regarding Alternative Marketing Agreements From CBW News Desk During a Farmer and Ranchers in Action event at the White House on Oct. 8, Secretary of Agriculture Tom Vilsack announced several steps to create transparency and fairer trading in the cattle markets. Vilsack said the new actions are part of the effort under the Packers & Stockyards Act of 1921 to enhance price discovery in cattle markets. The agency released a report showing unjust and anticompetitive p...

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4:21

Chuck and Annette Steffan chosen as Ranchers of the Year

The Cattle Business Weekly ·

2024/10/16

The North Dakota Stockmen’s Association (NDSA) presented 24-year NDSA members Chuck and Annette Steffan of Belfield, N.D., with its 2024 Rancher of the Year Award during the organization’s 95th Annual Convention & Trade Show this evening in Bismarck, N.D. Chuck and Annette both grew up raising commercial Red Angus cattle, and they were committed to having their own ranch from the day their marriage began. The couple began their lives together by renting a 5-acre homestead and raising feed...

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9:38

Stop reproductive failure in cows

The Cattle Business Weekly ·

2024/10/09

By Troy Smith Most cow folk have realistic expectations. They understand that reproductive failures can and do occur in cow-calf operations. Some cows do fail to become pregnant and some cows may conceive but experience early embryo loss or abortion. Conscientious cow-calf producers want to minimize the occurrence of reproductive failures by addressing the reasons they occur. But the right reasons can be hard to identify. “There are many potential causes,” says South Dakota State University (...

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8:27

Commercial Cattlemen's Symposium Talks Strategic...

The Cattle Business Weekly ·

2024/10/09

The 71st Annual National Red Angus Convention wrapped up in Lincoln, Nebraska, with a packed Commercial Cattlemen’s Symposium. On Friday, Sept. 13, academic and industry leaders took the stage, offering invaluable insights on a range of critical topics, equipping attendees with essential knowledge to navigate the future of Red Angus cattle production. Derrell Peel, Ph.D., from Oklahoma State University, discussed the challenges and opportunities in the cattle market, highlighting the historic...

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2:09

Farmer sentiment lowest since 2016

The Cattle Business Weekly ·

2024/10/09

Weather, port worker strikes and a looming presidential election has many farmers feeling skeptical. Declining income expectations helped to push farmer sentiment down again in September as the Purdue University-CME Group Ag Economy Barometer Index fell 12 points to 88. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, declined as well. The Current Conditions Index fell 7 points to 76, and the Future Expectations Index dropped 14 points...

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3:23

Ponzi scheme company selling to N.D. investor

The Cattle Business Weekly ·

2024/10/02

Agridime sale could help investors who lost money By Jeff Beach A North Dakota rancher and a partner are poised to pay about .7 million for a beef marketing company that became a Ponzi scheme and owes millions of dollars to investors. Wylie Bice of Killdeer, N.D. says he expects to close on the purchase of Agridime, now doing business as American Grazed Beef, in a couple of weeks. But he added that his business, Sheer Marketing LLC, already has been buying calves in North Dakota and oth...

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2:16

Council honors helping hands in the Heartland

The Cattle Business Weekly ·

2024/10/02

By Amy Blum The Heartland Saddle Award was established in 1976 by the Beadle County 4-H Council to recognize people dedicated to the betterment of South Dakota, especially to the state’s youth. Artist M.C. Lee of DeSmet, SD, handcrafted the full-size, intricate leather saddle that has traveled from home to home for nearly 50 years. This year’s recipients joined a long line of dedicated volunteers, 15 of whom were on hand to present the handcrafted saddle before the SD Beef Boosters Awards Cer...

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5:11

Leadership elected for North Dakota Stockmen

The Cattle Business Weekly ·

2024/10/02

North Dakota Stockmen’s Association (NDSA) members elected 21-year member and Rugby, N.D., cattleman Randy Schmitt as the organization’s president at the NDSA’s 95th Annual Convention and Trade Show, “Building for the Future,” Sept. 20 in Bismarck, N.D. The more than 3,000-member organization tapped Schmitt for its highest post during the closing business session. Schmitt and his family operate a commercial cow-calf operation using Simmental and Red Angus genetics. Their calves are back...

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1:47

Red Flag Warning

The Cattle Business Weekly ·

2024/10/01

As I am writing this week’s column much of South Dakota and surrounding states are under a Red Flag Warning. And yes, we have strong winds, very little humidity, and very warm temperatures. The conditions are prime for fires to get out of control. I know of a number of you who have shut down harvesting for a few days until the temperatures decline and the wind gusts diminish. It is amazing how dry this region of the U.S. has become. Even in the areas that receiv...

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2:21

Seasonality in Feeder Cattle Prices

The Cattle Business Weekly ·

2024/10/01

By Hannah Baker, M.S. State Specialized Extension Agent - Beef and Forage Economics Range Cattle Research and Education Center University of Florida / IFAS Extension The fall months are when a majority of producers across the country are selling spring-born calves or yearlings from last fall. Due to the increase in supply of calves, prices typically decline during these months. A way to show this seasonality trend is to look at the seasonal price index. The average annual price index shows th...

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4:52

North Dakota Fall Angus Tour held Sept. 14-16

The Cattle Business Weekly ·

2024/09/25

There was something for everyone on the Fall Angus Tour hosted by the ND Angus Association Angus enthusiasts from across the country, toured through Northeastern North Dakota recently, on the Fall Angus Tour hosted by the North Dakota Angus Association (NDAA). People from ten states and two Canadian provinces came together September 14th through 16th in Devils Lake and set out to view the areas Angus cattle ranches. The tour group put on roughly 574 miles on the two-day excursion,...

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3:02

Farm Bill Nears Expiration

The Cattle Business Weekly ·

2024/09/18

By Codi Vallery-Mills U.S. farmers and ranchers continue to remain under pressure financially. USDA’s recent update to the national farm income forecast shows income will continue to fall in 2024 but at a lower rate than the previous year. After reaching record highs in 2022 – at 2.0 billion net farm income – the expectation for this year is a decrease to 0.0 billion. That’s down .5 billion (4.4 percent) from 6.5 billion seen in 2023. Cash crop receipts are projected to be the hardest hit dec...

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