2/22/2017 2:48:00 PM/Categories: General News, Today's Top 5, People in Ag, Livestock, Livestock Markets, Cattle
WNAX News reports:
Even though calving season hasn’t gotten underway in full swing, now is a good time for producers to start planning their 2017 marketing strategy. SDSU Extension Risk Business Management Specialist Matt Diersen says for fed cattle, there’s the typical seasonal pattern in the cash price and it carries over in the future’s price as well.,so it’s advisable to use a five year average basis level.
He says for those with feeder cattle, it’s important to remember that on the feeders last year the weight class was switched in the feeder cattle futures contract so that needs to be taken into account.
Dierson says for cow calf producers, the calf price has fluctuated quite a bit the past few years so it’s important to discount previous high prices and take into account feed costs you’re facing now.
CLICK HERE to listen to the WNAX interview
Source; WNAX News
All Farm Service Agency (FSA) service centers will be open beginning January 24 to provide the majority of FSA services needed by farmers and ranchers during this critical time of the year for agricultural operations. Additionally, the limited FSA loan services initially made available at certain FSA county offices beginning January 17 will continue January 22 and 23.
Bovine TB was found in a herd in Sargent County, North Dakota.