Drovers
Calving Season Prep
Calving season marks the beginning of a new season with a new crop of calves on your ranch. Whether you’re more experienced or a novice, now’s the time to make sure you’re prepared for the challenges that lie ahead. Here are tips to guide your planning. Assess the body condition of your cows and heifers.…
Read MoreI'm a Drover: Open Gates to Open Minds
Nestled against the San Marcos river near Lockhart, Texas, Langford Cattle Company strives to produce high-quality black Angus seedstock, committing to continual improvement of the breed — a goal that’s common for modern ranching. But what makes the ranch unique is its commitment to educational outreach and ambassadorship for the cattle industry. Through partnerships with…
Read MoreCAB Insider: Carcass Quality Spreads Widen on Seasonal Demand
In the last CAB Insider, we reported on a rapidly retreating fed cattle market scenario. However, much has changed in the two-week interim. Last week’s $1 to $2/cwt. advance is just a fraction of what many believe this November market is capable of. Optimism early this week on news of a potential COVID-19 vaccine spilled…
Read MoreNalivka: The Economics of Capacity And Utilization
Packing plants are back on track with fed beef plants averaging 91% capacity and pork plants running at 96%. No – capacity utilization is back at 91% for fed beef plants and 96% for pork plants. This is an important distinction – capacity versus capacity utilization. (View Nalivka’s beef packer capacity and utilization charts here.)…
Read MoreElection Guide: What The Election Means for Farmers and Ranchers
Read original article: https://cattlemensharrison.com/election-guide-what-the-election-means-for-farmers-and-ranchers/ By: Drovers
Read MoreProfit Tracker: Modest Profit Holding Pattern
Cattle and hog finishing margins are both positive for the sixth consecutive week. Cattle feeding margins posted average profits of $47 per head last week, $27 per head more than the previous week. Cash prices for fed cattle improved nearly $2 per cwt. on average to $106 per cwt., according to the Sterling Beef Profit…
Read MoreBeyond Meat Share Price Tumbles
On Monday when stocks shot higher on news Pfizer was close to having a COVID-19 vaccine ready for FDA approval, Beyond Meat was tanking. Reuters reports a company such as Beyond Meat needs two ingredients: “a product that sells, and the ability to manage investors’ expectations. The $9 billion beefless burger maker’s third-quarter earnings showed…
Read MoreMcDonald’s to Launch the McPlant—its Take on Plant-Based Protein
McDonald’s stores in the U.S. will have a plant-based option on the menu in the coming year. The company announced Monday that it will launch the McPlant, a plant-based patty served on a sesame seed bun with all the usual toppings. It says that it tested a plant-based option in select stores in Canada last…
Read MoreOver 200 Iowa Small Meat and Poultry Processors Awarded CARES Act Funds
On Nov. 9, more than 200 local meat and poultry processors in Iowa were awarded Meat Processing and Expansion Grants from the Iowa Department of Agriculture and Land Stewardship. Through these grants, awardees may purchase or upgrade equipment, develop a direct-to-consumer sales strategy, or participate in food safety certification training. These grants were made possible from $4…
Read MoreAmerican Angus Association Moves Forward in 2020
The American Angus Association® posted a strong fiscal year 2020. It was the sixth consecutive year with more than 300,000 registrations, and there were 142,651 total transfers. Regular and junior membership totaled 25,000, and Montana topped the list with the highest number of registered head at 34,113 for the fiscal year that closed September 30. “Without question,…
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