Nov 17 2024 27 mins 2
We head to the preg checking pen and decide on which cows need to go and which cows need to stay and why. Plus potential tariffs on beef imports? We have the latest on this all new episode of the Ranch It Up Radio Show. Be sure to subscribe on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel.
EPISODE 211 DETAILS
Sell Or Keep? How To Make The Best Decision With Open Cows & Cattle Industry News
Managing Open & Cull Cows
How To Make the Most with Your Cull Cows
Producers are busy pregnancy testing their cowherds. And there will always inevitably be a few open cows. But should we sell these open cows or keep them? Dr. Bob Weaber with Kansas State University joins us discussing various different ways to manage our cull cows for potentially capitalize on the highest profits
Latest Beef Industry News
Australia & New Zealand Meat Industries Brace for Possible Trump Tariffs
Introduction:
As Donald Trump’s potential return to the White House stirs conversations around economic policies, the agricultural sector, particularly animal agriculture, is bracing for potential impacts. Among the most discussed issues are Trump's proposed tariffs, which range from 10% to 20% on all U.S. imports and up to 60% on Chinese imports. These tariffs could have significant consequences for U.S. consumers and meat exporters like Australia and New Zealand, who have capitalized on increased demand following U.S. herd liquidations.
Trump's Proposed Tariffs on U.S. Imports
Trump’s proposed tariffs could raise prices on imported meat, directly impacting U.S. consumers. Australia and New Zealand, which have become key suppliers of beef to the U.S., would be particularly affected by these policies. Any increase in tariffs could result in reduced competitiveness for these exporters, potentially reducing meat supply in the U.S. market and driving prices higher for consumers.
Industry Reactions and Concerns
Nathan Guy, independent chair of the Meat Industry Association of New Zealand, expressed concern in a recent interview. He stated that the industry would need to "breathe through it" over the coming months and adapt as the situation unfolds. Guy warned that new tariffs on New Zealand beef could ultimately "hurt the U.S. consumer even harder because they're going to have to pay more for the [beef] we produce."
Similarly, Stefan Vogel, general manager of RaboResearch Australia and New Zealand, highlighted in an interview with Weekly Times Now the potential strain these tariffs could place on meat industry players globally. The ripple effects could extend beyond beef to include lamb and other meats, affecting prices and availability for consumers across various markets.
Economic Impact on Animal Agriculture
The proposed tariffs would likely lead to shifts in supply and demand within the animal agriculture industry, impacting everything from feed prices to livestock management strategies. U.S. producers may see opportunities for increased market share, but these gains could be offset by rising costs and logistical challenges.
Conclusion
Trump's proposed tariffs bring uncertainties for the global meat trade, potentially raising prices for U.S. consumers and creating challenges for exporters. As animal agriculture stakeholders prepare for possible policy changes, close attention to tariff developments and adaptive strategies will be key to navigating this evolving landscape.
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Futures Markets
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UPCOMING SALES & EVENTS
JYJ Red Angus: November 9, 2024, Columbia, Alabama
Clear Springs Cattle Company: November, 20, 2024, Starbuck, MN
World Famous Miles City Bucking Horse Sale: May 15 18, 2025
BULL SALE REPORT & RESULTS
Eichacker Simmentals & JK Angus
Leland Red Angus & Koester Red Angus
U2 Ranch
Four Hill Farm North Country Angus Alliance
Jorgensen Land & Cattle Motherlode Sale
Jorgensen Land & Cattle, Legends Of The Fall Bull Sale
FEATURING
Bob Weaver, Ph.D.
Kansas State University
https://www.asi.k-state.edu/extension/beef//
Kirk Donsbach: Stone X Financial
Mark Vanzee
Livestock Market, Equine Market, Auction Time
https://www.livestockmarket.com/
Shaye Koester
Casual Cattle Conversation
https://www.casualcattleconversations.com/
Questions & Concerns From The Field?
Call or Text your questions, or comments to 707-RANCH20 or 707-726-2420
Or email [email protected]
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AND how is that? Tigger & BEC Live This Western American Lifestyle.
Tigger & BEC represent the Working Ranch world and cattle industry by providing the cowboys, cowgirls, beef cattle producers & successful farmers the knowledge and education needed to bring high-quality beef & meat to your table for dinner.
Learn more about Jeff 'Tigger' Erhardt & Rebecca Wanner aka BEC here: TiggerandBEC.com
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References
https://www.livestockmarket.com/
https://www.imogeneingredients.com/
https://alliedgeneticresources.com/
https://www.imiglobal.com/beef
https://axiota.com/multimin-90-product-label/
https://www.bredforbalance.com/
https://www.ruralradio147.com/
