Page 23 - MWC 08-19-2021s

TWO NEW MARKET The Midwest Cattleman · August 19, 2021 · P23
continued from page 3 FALL CALVING

10, and shows the volume of els (price and volume) trade continued from page 9
cattle purchased at each dif- occurred across the weekly
ferent level of pricing within weighted average price for creased cost to feed
those formulas, grids, and each purchase type – negoti- and maintain a
contracts. ated, negotiated grid, formu- lactating cow over
“During the past five years, la and forward contract. Cur- winter. As acknowl-
stresses and disruptions rently, the market speculates edged previously,
caused by concentration in whether large or small vol- that feed cost can
livestock markets have hurt umes of cattle trade on both be offset by higher
producers, workers, and con- sides of the price spread. calf values in the
sumers, and highlighted vul- And in fact, with premiums spring of the year.
nerabilities in America’s food and discounts applied to the In the past couple of years, The goal is to have calves
system supply chain resilien- prices, the spreads shown on hay quality and quantity has that are healthy, “green”, and
cy. Current negotiated cash reports can be wide. Publish- been a limiting factor for not over conditioned when
cattle trade is approximately ing a price distribution for some cattlemen. If forage is turned out to graze. Wheth-
30% less than it was in 2005, all cattle net prices will offer at a premium and cow con- er or not higher spring calf
while formula transactions more transparency to each dition is being compromised values will offset higher calf
have increased at the same of the purchase type cate- with fall calving cows why nutrition and management
rate. Our new reports on for- gories. This report is a win- not consider reducing the costs is something to think
mula transactions will bring dow into what producers are caloric needs of the cow by about.
needed clarity to the market- paid for cattle (net) and re- ending lactation around 120 Final Thoughts – Having
place.” said Secretary Tom tains confidentiality by seg- days of age? a defined calving season
Vilsack. “Also, in the coming regating volumes purchased In addition to improving is better than none at all.
months, we plan to conduct in $2.00 increments +/- the management of available for- What works in other parts of
several producer-focused daily weighted average price age. We can also better man- the country may or may not
outreach sessions to help depending upon premiums age calf performance once work for your herd, however
producers and others under- and discounts. AMS has pub- they are weaned. Weaned it is always good to evaluate
stand how these data can lished a similar net price calves can be fed a grower various management
inform real-world market- distribution report for direct ration until marketing later systems and current on farm
ing decisions at farm, ranch, hogs since January 2010. in the spring. In order to do practices.
feedlot, and other points in By providing greater in- so, there is a transfer in feed
the supply chain.” sight into the nearly 80 per- cost from the cow to the calf.
The Executive Order on cent of the cattle market
Competition launched a traded outside of the cash ne-
whole-of-government effort gotiated spot market, the new
to promote competition, in- reports shine more light on
cluding 72 specific agency ini- the prices paid to cattlemen
tiatives. USDA has already and women and the overall
cattle feeders concrete tanker fence
undertaken several other ini- market dynamics undergird- cattle feeders concrete tanker fence
tiatives under the Executive ing the prices consumers pay
Order, including announcing at the grocery store. USDA’s line tank stock freeze-proof pond tank
line tank stock freeze-proof pond tank
investments of at least $500 efforts to strengthen the THIS AIN'T
NO BULL!
million in meat processing food system is a vital com- united stated midwest www.thecon-
united stated midwest www.thecon-
capacity, new rulemakings ponent of the Administra- creteworks.com
under the Packers & Stock- tion’s whole-of-government
creteworks.com
yards Act, and a top-to-bot- response to address near- ›› Concrete Cattle Feeders
tom review of the “Product of term supply chain challeng-
USA” label. es to the economic recovery. ›› Super-Tanker Fence Line
The National Daily Direct Through the Supply Chain Freeze-Proof Stock Tank
Formula Base Cattle reports Disruptions Task Force, of
will enable stakeholders to which Secretary Vilsack is a ›› Freeze-Proof Pond Tank
see the correlation between member, the Administration
the negotiated trade and re- is convening stakeholders to ›› Delivery in the Cont. U.S.
ported formula base prices, diagnose problems and sur-
www.theconcreteworks.com
as well as the aggregated face solutions—large and OVER
values being paid as premi- small, public or private—that 450,000
SOLD!
ums and discounts. Daily for- could help alleviate bottle- Reader Service No. 2163
mula base price reports will necks and supply constraints
be national in scope and re- related to the economy’s re- ITEMS IN STOCK:
leased in morning, summary opening after the Adminis-
and afternoon versions. The tration’s historic vaccination www.theconcreteworks.com
7-6-18 Plains
weekly and monthly formula and economic relief efforts. SHIPPING SEMI LOADS DAILY!
base reports will be both na- USDA
tional and regional in scope Reader Service No. 2163
and include forward contract
base purchase information. THE CONCRETE WORKS LLC
The National Weekly Cat-
tle Net Price Distribution 877-464-7575
report will show at what lev- www.theconcreteworks.com
7-6-18 Plains