Cattle market overriding themes

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Josh Maples, Assistant Professor & Extension Economist, Department of Agricultural Economics, Mississippi State UniversityLarge supplies, record exports, and trade concerns are just a few of the topics that have dominated the headlines in 2018. We are now fully transitioning into a primary calf selling time of the year for cow-calf producers and into an active buying time for stocker producers. I’m going to try to sum up a few of the more prominent factors affecting cattle markets and discuss how they could impact cattle prices this fall and beyond.Larger beef production continues to put downward pressure on prices. Beef production rose by 6.4% in 2016 and 3.8% in 2017. Current forecasts suggest about a 4% increase in 2018, and 1.5% in 2019. Put it all together and that would be about a 16% increase in beef production in just four years. This would be the fastest four-year growth since 1973-1977. The increases are slowing, though. All signs are pointing to slower herd expansion in 2018 and 2019. With respect to the cattle cycle, recent cowherd trends suggest 2020 could potentially mark the end of the current U.S. cattle inventory build-up. It is important to note that this would not be the end of a cycle — just the increasing segment of the cycle.While large supplies remain the biggest headwind to stronger prices, strong domestic and international demand for U.S. beef is providing price support. A strong domestic economy is supporting beef sales despite larger supplies of beef and also larger supplies of competing proteins chicken and pork. Internationally, robust exports have supported the demand profile for beef and, therefore, cattle. January through June exports were 14.7% larger than the same period in 2017 — and 2017 was a great export year.Feeder cattle prices have fared relatively better than live cattle prices this year relative to year-ago levels. Production and disappearance forecasts suggest 2018 fed cattle prices are expected to average 2% to 4% below 2017 while calf and yearling prices are expected to be very similar to 2017 levels. One driver is lower corn prices. The latest USDA estimates for corn production call for another big corn crop on top of already large supplies. This is providing support for feeder cattle prices as it makes it less expensive to add pounds.Looking at the rest of 2018, feeder prices are expected to be a little lower than during the same period of 2017. We typically see seasonal feeder price declines heading into September and October and the large supplies of calves this year provide some reasoning for that seasonal pattern to hold this year. Looking beyond 2018, the slower herd growth numbers begin to paint a brighter price picture for 2019 and 2020. If the strong domestic economy maintains or grows and exports continue to gain steam, it is not difficult to project higher prices in the fall of 2019 compared to fall 2018.last_img read more

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Meeting with Judge Judi — AgriPOWER Session 4 blog

first_imgShare Facebook Twitter Google + LinkedIn Pinterest  Leave a CommentBy Trish Raridan Preston, AgriPOWER Class X participantOur AgriPOWER class focused our November session on two primary topics: state level governmental and judicial affairs and sustainability. Our travels brought us to the capital city of Columbus, which is where we met up with Supreme Court Justice Judi French, who gave us a personal tour of her courtroom, as well as shared with us the judicial process for the court. We enjoyed the opportunity to meet with several of our elected officials through legislative visits in the House of Representatives. Our discussions were a mosaic of topics that were concerns we brought from our various home counties and an illustration of the broad experiences and backgrounds from which we each hail. From water quality management to funding for 4-H and extension education to the opioid crisis hitting all of our communities in devastating ways, we shared personal stories from our home farms and neighbors. We received empathetic and compassionate responses and encouragement that our voices were heard.In addition to our visits at the statehouse and supreme court, we learned about the lobbying process from OFBF lobbyists. We covered judicial issues and legal authority with OFBF policy counsel Leah Curtis. We were led through a workshop on conflict management with Dr. Jeff King from the Leadership Center at Ohio State. Dr. Doug Jackson-Smith, assistant director for the School of Environment and Natural Resources at The Ohio State University, gave a lecture on sustainable agriculture. We learned that the answers to what is sustainable is most often best answered by “it depends” because each operation and situation is different and must be evaluated for its progress to move towards sustainable outcomes involving people, planet and profit.With hard hats on and bright reflective vests, we were invited into the Rumpke Recycling facility to watch the recycling process in action. Who knew “trash” could be so interesting! We were fascinated with the process and meticulous care each employee takes to ensure a quality recycling stream. For instance, aluminum cans that come into the facility are recycled and back on your grocers shelf within 60 days. We learned about markets for recycled products and how they are working every day to find new ways to use recycled materials and close the circle.Our adventures ended with a visit to the Ohio Department of Agriculture in Reynoldsburg. We were introduced to the new ODA director along with several of the deputy directors. We toured a few of the labs including the residue lab and the animal lab. We were shown the great amount of care and labor that goes into each case that comes into the facility. The veterinarian staff is one of the best in the country and they work tirelessly to keep our food supply and animal populations, both domestic and wild, healthy through their thorough investigations and partnerships with agencies and animal producers all across the state.I leave each month from our AgriPOWER sessions with that “mind blown” feeling. Each time, I am rewarded with workshops to build my leadership skills, introductions to topics I knew nothing about before or opportunities to see processes in action that open my eyes to a whole new understanding and enlightenment. I have been incredibly lucky to be a part of this leadership institute and grateful to our many sponsors and speakers (and the outstanding OFB staff) who have provided all of us this opportunity. We appreciate your investment into our leadership growth more than you know.Other AgriPOWER Class X blogsJacob Hoelscher learns about the importance of agvocacy.Laramie Wells discusses Farm Bureau’s roots.Lindsey Walls describes the care taken to raise pigs.Megan Dresbach is ready to change the misperceptions about agriculture.AgriPOWER has inspired Doug Franz to become a county Farm Bureau board member.D.C. trip was a moving experience for Amanda Hill.Katie Esselburn talks about how she’s rooted in agriculture.Amy Hamilton learns how the legislative, judicial branches work.   Leave a Commentlast_img read more

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Matt Nieto reaping rewards of hardwork over off season

first_imgFire hits houses in Mandaluyong City MOST READ For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Fire hits houses in Mandaluyong City Season 78 eventually saw Matt develop into his own as he grew into one of Ateneo’s main offensive threats.READ: Ateneo stays unbeaten in five games, keeps UST winlessFEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutIn Season 80, Matt has more than doubled his career scoring average to 10.8 points to become Ateneo’s leading scorer behind Thirdy Ravena, who averages 17.4 a game.“I’m just doing my job, I’m just finding open lanes, looking for my teammates, and it’s just a bonus that I can make my shots,” said Nieto Wednesday after the Blue Eagles’ 94-84 win over University of Santo Tomas. Brace for potentially devastating typhoon approaching PH – NDRRMC He exploded for a career-high 22 points against the winless Tigers in an impressive shooting display as he went 7-of-12 from the field.Matt said this increase in production is the product of an intenstive personal preseason workout.“Maybe I just improved since last season, I just really practiced hard during the summer break,” said Matt. “I’m thankful for my coaches and my teammates for giving the confidence.”ADVERTISEMENT View comments Filipino athletes get grand send-off ahead of SEA Games PLAY LIST 01:27Filipino athletes get grand send-off ahead of SEA Games00:50Trending Articles00:59Sports venues to be ready in time for SEA Games01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Ginebra thwarts San Miguel’s grand slam bid, enters semis Typhoon Kammuri accelerates, gains strength en route to PH Read Next Photo by Tristan Tamayo/INQUIRER.netMatt Nieto just went from twin brother to just about anything for Ateneo.Joining the team in 2015 together his twin brother Mike, Matt struggled to find his form in the first two seasons with the Blue Eagles as he averaged just 4.4 points as an on-and-off rotation player.ADVERTISEMENT Don’t miss out on the latest news and information. LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Nonong Araneta re-elected as PFF president BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Frontrow holds fun run to raise funds for young cancer patients  LATEST STORIESlast_img read more

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Bonleon, Subido announce return to UST after Sablan exit

first_imgKammuri turning to super typhoon less likely but possible — Pagasa Subido sat out Season 80 citing dissatisfaction with his performance after spending three years with UST.The former La Salle Zobel standout spent 2017 playing for AMA and Marinerong Pilipino in the PBA D-League.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutSubido isn’t the only former Tiger who will return to the lineup as forward Embons Bonleon also decided to join the team once more following the exit of Boy Sablan as head coach.Bonleon left the Growling Tigers in controversial fashion after calling out Sablan for receiving money in return for playing time. Cousins says he was ejected for using big-man fundamentals Stronger peso trims PH debt value to P7.9 trillion “Thank you Lord, I’ll be able to come back to the basketball court inside Quadricentennial pavilion,” tweeted Bonleon. UST’s Mario Bonleon. Photo by Tristan Tamayo/INQUIRER.netPoint guard Renzo Subido will return to University of Santo Tomas next year after skipping the 80th Season of the UAAP.“Can’t wait to play for my alma mater! Let’s do this! #OneforUST!” posted Subido on Twitter.ADVERTISEMENT Kris Aquino ‘pretty chill about becoming irrelevant’ LATEST STORIES Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH Brace for potentially devastating typhoon approaching PH – NDRRMC Read Next CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA QC cops nab robbery gang leader, cohort Chief Justice Peralta on upcoming UAAP game: UP has no match against UST PLAY LIST 01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST00:50Trending Articles00:50Trending Articles01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. MOST READ Japan ex-PM Nakasone who boosted ties with US dies at 101 View commentslast_img read more

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Jason Whitlock Thinks Chip Kelly Will Be Miami’s Next Head Coach

first_imgJason Whitlocks and Colin Coward talk about Chip Kelly on ESPN.jason whitlocks chip kelly to miamiThere are many who believe that Philadelphia Eagles head coach Chip Kelly will eventually wind up back in the college game, where he saw great success as the leading man for the Oregon Ducks. One Fox Sports analyst – Jason Whitlock – thinks that it’s going to happen sooner rather than later.Whitlock joined Colin Cowherd on his radio show Wednesday afternoon and made a bold prediction. He thinks that Kelly will be Miami football’s next head coach. He believes that Kelly’s system would be a great fit for the Hurricanes, given the talent in the area.We’re not sure we agree, but it’s fun to think about. Miami needs to make a splash, and being able to land Kelly would certainly do just that.last_img read more

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Your Chance To Meet Shania Twain During Her Tour

first_imgHere’s your chance to bid on the ultimate Shania Twain meet and greet package, and help a good cause.The singer is putting a package under the hammer that includes concert tickets to the venue of your choice during her Shania Now Tour, as well as airfares and hotel for two. And, of course, the chance to meet Shania herself.Proceeds from the auction benefit Point Hope. Point Hope’s mission is to raise awareness and champion the cause for forgotten children so that: Every child has a loving and nurturing environment; every child has the basic essentials to live a healthy life; local communities are equipped to deal with the challenges facing children; government, business, education and religious communities are encouraged to partner for the welfare of children. The staff of Point Hope are dedicated individuals who work diligently to help others that are in need, providing hope and care in the form of programs, individual attention and the creation of self-sustainable programs that benefit families and persons worldwide.“It’s unacceptable for us to stand by and watch any child in this modern society suffer right before our eyes when there is something we CAN do about it,” said Shania.To find out more about the auction, click here.last_img read more

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Podcast Lonely LeBron Dominant Serena And Nate vs A 12YearOld

Embed Code Welcome to this week’s episode of Hot Takedown, our podcast where the hot sports takes of the week meet the numbers that prove them right or tear them down. On this week’s show (June 9, 2015), we discuss whether LeBron James can continue to win NBA Finals games by himself, whether Serena Williams can set the record for most Grand Slams ever and what we’ve learned after the first batch of women’s World Cup games. Plus, a special Significant Digit — Nate Silver talks with 12-year-old Simon Bazelon (son of New York Times writer and Slate podcast host Emily Bazelon), who has some criticisms about FiveThirtyEight’s NBA Elo ratings.Stream the episode by clicking the play button, or subscribe using one of the podcast clients we’ve linked to above.Below are some links to what we discuss in this week’s show:Nate Silver takes on the adage, “Live by the three, die by the three.” It’s mostly not true.Neil Paine on the Cavs’ Game 2 win, in context.Williams is really, really clutch.Grantland assesses Williams’ remarkable career arc.We’re offering continually updated women’s World Cup predictions, and our latest model shows that Germany is slightly more likely to win than the U.S.Significant Digit: 11 championships. That’s the number Bill Russell’s Celtics won, in 13 years, but our Elo ratings still say they weren’t the most dominant dynasty of all time. Special guest Simon Bazelon (12 years old) debates Nate and presents his own data. Simon is the son of Emily Bazelon, who recently mentioned his analysis on Slate’s “Political Gabfest” podcast. More: Apple Podcasts | ESPN App | RSS | Embed If you’re a fan of our podcasts, be sure to subscribe on Apple Podcasts and leave a rating/review. That helps spread the word to other listeners. And get in touch by email, on Twitter or in the comments. Tell us what you think, send us hot takes to discuss and tell us why we’re wrong. Hot Takedown read more

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Mens basketball Battle of two 35 Big Ten teams Ohio State –

Members of the Ohio State men’s basketball team huddle before the start of the second half versus Northwestern on Jan. 22 at the Schottenstein Center. Credit: Jacob Myers | Assistant Sports EditorIn late February 2016, Ohio State took down No. 9 Iowa to stay afloat in the NCAA tournament picture. The Hawkeyes choked down the stretch, losing four of its final five games to finish 12-6 in the Big Ten. Iowa then lost in the first round of the Big Ten tournament to Illinois.The Hawkeyes enter Saturday’s contest versus the Buckeyes having lost three in a row after beginning Big Ten play 3-2. OSU started the conference slate 0-4 but finds itself in the same place as Iowa — one of six teams tied at 3-5 in the Big Ten.Since the two teams last met, both rosters have seen great turnover, but in different ways, after they each had disappointing finishes to the season. Nonetheless, Iowa and OSU are both fighting for a crucial win in conference play in Iowa City.IowaCoach Fran McCaffery had to replace four starters from last year’s roster. The lone returning starter is senior guard Peter Jok, who leads the Big Ten with 21 points per game.“He’s a big-time scorer,” said junior forward Jae’Sean Tate. “He’s been a big-time scorer since I’ve been in college. We’re not going to change anything we do. We’re still going to guard the ball, play Ohio State defense. But we’re going to try to dock him, make him uncomfortable.”For the four starters alongside Jok, McCaffery has yet to settle on a lineup. Eight different Hawkeyes, excluding Jok, have started at least six of the 21 games in 2016-17. Down 16 at the beginning of the second half on Wednesday at Illinois, McCaffery switched 80 percent of his starters. Freshmen Jordan Bohannon, Isaiah Moss, Tyler Cook and Cordell Pemsl were replaced by sophomores Nicholas Baer, Ahmad Wagner and Christian Williams, as well as freshman Ryan Kriener.The Hawkeyes lost 76-64.Iowa sits at No. 96 in the KenPom advanced-statistical ratings. OSU and Iowa are identical in adjusted offensive efficiency, averaging 110.2 per 100 possessions. However, the Hawkeyes rank third in conference averaging more than 80 points per game and third in total rebounds with 39.4 per contest.Losing four starters is certainly a challenge to a coach, and often times the defense is what drops off the most. For Iowa, its defense is without a doubt its greatest weakness.The Hawkeyes are last in the Big Ten in scoring defense and opponent rebounding, allowing 78.2 points and 38.7 rebounds per game. However, at home, Iowa allows 75 points compared to 82 points away from Iowa City.Cook is the only other player for Iowa that averages double figures with 11.9 points. Jok leads the Hawkeyes in points, assists, steals and 3-point field goal percentage.The GameThe Buckeyes arguably put together its most complete game of the season on Wednesday against Minnesota, something the team is trying to build on.“I would say (the Minnesota game is) just a stepping stone,” Tate said. “Like I said, this year, there’s been multiple times that you’ve seen us play at the level we’re supposed to play at all the time. I think we did that against Minnesota, but we still didn’t do it for the whole 40 minutes.”Redshirt junior center Trevor Thompson and senior forward Marc Loving led the team with 19 points a piece — a career high for Thompson. It was the former Virginia Tech transfer’s seventh double-double this season, which is the most for an OSU big man since Jared Sullinger had 17 in the 2011-2012 season. Expect Thompson to register his eighth against Iowa. One thing OSU has had difficulty with is keeping possession. Turnovers have cost the Buckeyes a few games this year and will need to tighten up against McCaffery who likes to implement a half-court trap and 3-2 zone at points in the game.“It’s just, it’s a matter of whatever they throw at us we’ve got to know exactly what we’re doing and get the best shot we possibly can,” OSU coach Thad Matta said.OSU has played completely different away from home this season, and Matta said he has about given up trying to figure out why his guys don’t engage into the action from the get-go. He said his team has to become more consistent in every aspect of the game.Iowa will likely go on a few runs in the first half, but OSU’s rebounding should be the difference in the game and allow OSU to have more scoring chances than the Hawkeyes.Prediction: Ohio State – 76, Iowa – 72Tipoff is scheduled for 8 p.m. at Carver-Hawkeye Arena. read more

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Fifty years later OSU NCAA Champions honored

The Ohio State men’s basketball team cruised to an 85-63 victory Sunday over Minnesota, but there was more to celebrate at the Schottenstein Center than the series of alley-oops the Buckeyes threw down in the blowout win.Only once has OSU captured the NCAA Tournament title, and that team was recognized Sunday on the 50th anniversary of the Buckeyes’ 1960 championship squad.The team gathered at center court during halftime, and Bob Knight, who coached at Army, Indiana and Texas Tech after his collegiate days, spoke to the crowd.Knight described how the OSU basketball program had “great architecture,” starting with a premier coaching staff.Coach Fred Taylor, who died in 2002, was honored with a banner that now hangs from the arena’s rafters. Among the players recognized were two-time National Player of the Year Jerry Lucas and two-time All-Big Ten selection John Havlicek.Knight reminisced about the talent that the 1960 squad sent out on the floor each night.“During a lull in a game that we were doing, [commentator] Brent Musberger said to me, ‘If you had to pick one guy to take the most important shot, who would it be?’” Knight said. “I said it would be Havlicek. I saw him do that his entire career.”At 16-6, the current Buckeyes’ prospects of repeating history don’t appear to be favorable. But Knight said he is impressed by what he’s seen from the team, especially junior guard Evan Turner.“I told Turner, ‘You have to promise me you won’t try and dunk the ball anymore,’” Knight said. “I said, ‘When you dunk it, just lay it up there and push it down through.’ He tried a little bit of a Broadway dunk and that could have really crippled this team because he’s a hell of a player.” read more

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Black hockey player hopes to inspire others to break the mold

Kyle Reed said he “is just a dude.” The Canadian native from Calgary doesn’t mind talking about uncomfortable topics like almost giving up hockey when he was younger and being the only black player on Ohio State’s hockey team. The senior said he likes when he gets odd looks for saying he plays forward for the hockey team. He said he likes being different, but also that it doesn’t matter when you get to the heart of the sport. “I’ve been playing for so long that I don’t think about it,” he said. Reed said in his hometown, kids playing hockey was just second nature. There is no black and white with hockey. “There have been times when I’d been called the N-word or a lot of other things. Those types of words are a form of motivation,” Reed said. “I feel like I faced times of adversity, but those are also motivation tools.” He said he’s been playing hockey since he was 4 years old and feels like he had skates on before shoes. “My mom would take me down the street to the ice rink and she was the one who first taught me how to skate. She couldn’t even skate herself, but she put them on me,” Reed said. “I was meant for the ice, you know?” But hockey wasn’t the only sport he played when he was younger. “My first love is actually baseball. Playing hockey just kind of fell into place whenever baseball was finished,” Reed said. “When the season was over, it was just in time for hockey tryouts.” Reed said he got into trouble as a kid and was considering quitting hockey, but his grandfather and brother convinced him not to. “My grandpa was like, ‘I want to see you on TV one day.’ My brother said to not to do what he did and quit hockey,” Reed said. “It was at a crucial time in my life where I had to choose between hockey and baseball. “A lot of times I learned the hard way, but sometimes that’s the best way to learn.” The interview was interrupted by Reed’s neighbor and teammate, Sean Duddy, a defenseman from Ann Arbor, Mich. He was looking for salsa in the kitchen, but got pulled into the living room to talk about his close friend. “‘Friends’ may be a stretch,” Duddy said, laughing. “But no, we’ve been playing for about three years together now. He’s a good guy, great teammate. He works his ass off. He’s the fastest skater I’ve ever seen.” The guys shared a few joking moments before returning to the conversation. Duddy took some time to think of his favorite memory of Reed. “We’ve had good times together. When we were playing Miami my freshman year, Kyle got a hat trick,” Duddy said. “That’s my favorite memory of him from a hockey standpoint. He’s an explosive player.” There are several other hockey players who live in their apartment complex, Duddy said. He said they’re as close as brothers. “I’m very family-oriented. It’s hard hearing people say they’re going home for the weekend or for the holidays, whereas I have to pick up the phone,” Reed said. “Some of the guys I’m close with on the team, they give me that support.” As for playing professional hockey after graduation, he said, “If you have the ability to play at a higher level, I think you have to take that opportunity to play in the NHL. I don’t want to be that 40-year-old guy still playing hockey in the lowest of the lowest minors just because I love the game.” Reed, who’s studying strategic communication, said he thinks going to college and getting a better education is beneficial. He trained at the Atlanta Thrashers development camp in summer 2009. He said he would like to play hockey for as long as he can and then go into advertising. He said one of his favorite parts about playing for OSU, as a black hockey player, is that he could be an inspiration for the black kids who come to get the players’ autographs. “I think it’s good for them to see me playing hockey and see that anyone can do it,” Reed said. “Hopefully they look to me and say, ‘I can do what he does, too.’” read more

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