Face the pace of change

Date: Sep 22 2016

Cattle Markets & Feeding Quality Forum & News Release

We are used to slow change in the cattle business. After decades at that pace, however, the North American cattle and beef industries are undergoing a rapid transition. “Farming and food production in total are no longer local industries,” said Pete Anderson, Midwest PMS research director.

Feeding Quality Forum challenges norms

Date: Sep 01 2016

EPDs & Feeding Quality Forum & News Release

If you think you have the cattle feeding business all figured out, you’re probably mistaken. That’s according to speakers at the Feeding Quality Forum in Grand Island, Neb., and Amarillo, Texas, last week. The experts addressed what they “used to know” that’s no longer so.

World economic woes hit home

Date: Aug 27 2015

Cattle Markets & Feeding Quality Forum & News Release

If you don’t believe the global factors affecting the U.S. cattle market are numerous and complicated, you probably haven’t heard Dan Basse, president of Ag Resource Company, give an economic outlook. By 2040, Japan’s population will drop by 25.3 million people. Today, the Black Sea region exports 34% of the world’s wheat. Brazil’s currency, the real, has been weak for several years versus the U.S. dollar.

Proceed with caution

Date: Aug 21 2015

Cattle Markets & Feeding Quality Forum & News Release

In a cyclical business, when you’re riding the good times, it probably means you’re not far from the bad ones. So it is with the cattle business, said Dan Basse, president of Ag Resource Company, as he kicked off the Feeding Quality Forum in La Vista, Neb., and Garden City, Kan., this week. “It’s not like the mid-1980s, with land values collapsing. It’s more like a slow bleed,” Basse said of the general “downturn” in agricultural commodities. Ag equipment sales have slowed, land prices are going down and grain trade has softened as the dollar strengthened.