Cattlemen Sept 2014.Indd
Total Page:16
File Type:pdf, Size:1020Kb
THE VIRGINIA CATTLEMAN, SEPTEMBER 2014, PAGE 1 5IF7JSHJOJB$BUUMFNBO 7PMVNF/VNCFS $JSDVMBUJPO 4FQUFNCFS Th e Virginia Cattleman Non-Profi t Organization P. O. Box 9 U. S. Postage Daleville, VA 24083-0009 PAID What’s Inside… Daleville VA 24083 Permit No. 8 September Beef Herd Management Advisor .................................................. Page 22 2014 VA Youth Beef Leader .............................................................................Page 24 In Th e Spot Light ............................................................................................. Page 25 Why Tweeting Matters .................................................................................... Page 27 Offi cial Publication of the Virginia Cattleman’s Association • PLEASE NOTIFY SENDER IF ADDRESS LABEL IS INCORRECT PAGE 2, SEPTEMBER 2014, THE VIRGINIA CATTLEMAN days that week. Over the course of Virginia Quality Assured feeder new ground now and it should Opportunies the coming days a drop of $8-10/ cattle program is a vessel that remain quite profi table for a good cwt meant some buyers were no has allowed producers working long while to come. Jason Carter of comparing a situation where longer shopping for loads of Vir- hard at management to benefit All of you know that the world Executive Secretary things eventually slow down to ginia cattle. Basis has seemingly from building a collective reputa- we operate in has become equally someone getting to be the last one become simply the cost of trans- tion. It’s true no matter where in important to how we market. As Over the past year I have been to benefi t from the momentum. portation now and the availability Virginia you are. Sticking with frustrating as it is to hear the word asked almost on a daily basis how On August 4, 2014 the Bucking- of Virginia calves and yearlings, a program adds value even in a sustainability thrown around in much higher is the cattle market ham Cattlemen’s Association sold even with freight added on, has high market where everyone is the context of so many agendas, going to go or how long can these their Virginia Quality Assured made our cattle competitive on a getting paid well. It has been well it is still a fact that simply being prices last. Well, by the time this steers and heifers and the results cash basis with Midwestern cattle. documented over the past nine able to operate is a critical step. is published, we may have confi r- were not simple “luck” by any However when the market starts months that infl uencers such as The regulatory side of the agri- mation that the cattle market has means, they have worked hard to to correct itself after it has trended dwindling beef and other protein cultural world is concerning and indeed peaked and is in search of establish the superior reputation upward so high and for so long, supplies, global and domestic particularly in the environmental a new normal range for trade. If they enjoy, but they also may have then little things start to become beef demand and tight fed cattle arena. Many of you have heard you take a look at recent history, it found that last comparable high opportunities for cattle feeders to numbers have rallied the market about the proposed Waters of isn’t hard to fi nd some breathtak- in the market for the time being. get back to break even on oversold to unprecedented levels. Now as the United States (WOTUS) rule ing perspective for where we have They sold around 1000 head for an cattle. So back to my theory of the reality of better than expected published by EPA with an intent come. May 31, 2013 saw the Chi- average in the vicinity of $1700 a relativity. Relatively speaking, protein supplies, increased female to “clarify” the existing Clean cago Mercantile Exchange Feeder piece across the board of weights every producer in Virginia is mak- retention and abundant corn are Water Act law that gives them Cattle Index at $130.81 which and sex. That’s not exact but it’s ing a whole lot more money on seeping into the market, the drop scope and regulation over exist- turned out to be the fi nale of a certainly in the ballpark and is feeder cattle than ever before. A in market value is a natural set- ing navigable water ways and small downtrend from the market pretty awesome to think about. fl uctuation in the market causing a tling into a new range of trade for water quality related to them. fl irting with several record highs I really don’t like to make com- comparatively less value of $40-50 cattle. The big question now is The Clean Water Act has been from the turn of the previous year. parisons between sales and par- per head is signifi cant, but there where will the new trading range effective for 40 years giving both On August 4, 2014 the CME Feeder ticular situations when it comes to have been times when that was all settle on a fl oor? It could possibly EPA and individual states power Index reached $225.68 which is a selling similar type cattle but the the added value in program cattle be much less than $225/cwt but to identify and resolve issues that $95/cwt turn. In other words the market is a fi ckle place sometimes like VQA. This year that is 15% of certainly much higher than $130/ relate to protecting both the con- feeder cattle market rose a whop- and there are many factors that how much more they are bringing cwt. If average market correc- tinued accessibility and quality of ping 72.5% in 15 months. influence it in an instant. This than last. I saw a load of VQA tion trends remain true, then it is important primary surface waters. NASCAR has something in rac- is why it is critically important cattle sell in Harrisonburg recently reasonable to assume feeders will However the philosophical theme ing referred to as the “lucky dog”, that producers keep in mind that for $83 per hundred weight more stay above $200/cwt. New step of the current administration in if I have the term right, where the value is relative, not to other sales than last year. Same producers ups in any commodity market Washington is that our federal fi rst driver whose a lap down in but, to market conditions at the from the same program. bring new challenges for manag- government knows best and it has the race gets a free pass back to time of sale. After August 4th Here’s where I slip the old Ex- ing capital and risk as well as new methodically sought to usurp the the lead lap in the event a caution the Feeder Cattle Index and Fed tension hat back on again. Stick- opportunities for quality reputa- power of states to self-govern on comes out and slows the race. Cattle futures went down in a ing with a program that builds tion programs and producers to issues ranging from health care to That analogy for racing is my way hurry. In fact limit down several reputation consistently wins. The remain in front. We’re turning Continued on Page 4 We salute our cattle farmers. We know your business and know how hard you work. Farm Credit has been fi nancing the needs of cattle farmers for nearly a century. We also work hard to help you realize the vision you have for your operation. Give us a call today to fi nd out more about how we can help you keep growing. Loans for: Livestock | Land | Farms | Equipment | Homes | Agribusinesses and More 800.919.FARM FarmCredit.com NMLS# 456965 THE VIRGINIA CATTLEMAN, SEPTEMBER 2014, PAGE 3 PAGE 4, SEPTEMBER 2014, THE VIRGINIA CATTLEMAN The Virginia Cattlemen’s Association Opportunities Virginia Cattlemen's Association Affi liated with the Sponsored Graded Sales Schedule National Cattlemen’s Beef Assoc. Continued from Page 2 Check our website at www.vacattlemen.org for updates P.O. Box 9 environmental protection. WOTUS is not a law, but a 600+ CONTACT LIVESTOCK MARKETS OR VCA STAFF FOR QUESTIONS Daleville, Va 24083-0009 page “clarifi cation” to an existing law that will effectively VCA 540-992-1009 Butch Foster 423-360-0434 Troy Lawson 540-430-0042 540/992-1009 give EPA regulatory authority over nearly every waterway, September 2014 www.vacattlemen.org intermittent and perineal, in the country. The selling point Radiant 2-Sep 10:30 AM Feeders Virginia Cattle Company 540-622-4889 for them is more fl uid oversight of assuring water quality Front Royal 2-Sep 7:30 PM Feeders Virginia Livestock LLC 540-622-7752 The Virginia Cattleman controls across the board. The troubling feature of the rule, Tel-O-Auction 8-Sep 6:00 PM Feeders Virginia Cattlemen's Assoc 540-992-1009 540/992-1011 aside from its lack of clarity, is the blank check of interpreta- Radiant 9-Sep 10:30 AM Feeders Virginia Cattle Company 540-622-4889 540/992-4632 - FAX tion WOTUS allows EPA to decide what water it chooses to Wytheville 9-Sep 7:00 PM Steers Wythe County Livestock Exch 276-223-0003 published monthly by the regulate. Giving the federal government blanket ability to Fredericksburg 10-Sep 7:00 PM Feeders Fredericksburg Feeder Assoc 540-373-8207 Virginia Cattlemen’s Association dictate land use adjacent to any water feature allows for fu- Dublin 10-Sep 7:00 PM Feeders Pulaski Livestock Sales 540-320-1025 ture regulation concerning livestock production particularly Jason Carter ....................... Stuarts Draft Harrisonburg 11-Sep 7:00 PM Feeders Rockingham Livestock Sales 540-490-9050 Executive Secretary to be in peril. Imagine a world where cattle are suddenly Tel-O-Auction 15-Sep 6:00 PM Feeders Virginia Cattlemen's Assoc 540-992-1009 Butch Foster.................................