China-Phase One Deal. Details are pretty quiet. Cattle was the market that took this all in as there has been a lot of people that have been short. Holiday trade is in place. Beans rallied but didn’t have the full fireworks many had hoped for. Corn turning positive.
(York)–All local cattle producers are invited to attend a free informational event on Thursday, January 23, from 4-6 p.m. in York. The event will offer a demonstration of the Rawhide Portable Corral equipment recently purchased by the Rainwater Basin Joint Venture for use by producers in the Upper Big Blue and the Little Blue Natural Resources Districts. Dinner at Chances R’ will follow, with presentations from Pete Mcclymont, executive vice president of the Nebraska Cattlemen’s Association; Kim Siebert, past president of the York-Hamilton County Cattlemen’s Association; and Andy Bishop, coordinator for the Rainwater Basin Joint Venture.
The portable corral is one of three purchased by the Rainwater Basin Joint Venture through a grant from the Nebraska Environmental Trust for the use of cattle producers grazing wetlands in central Nebraska. The equipment makes it easier for producers to load cattle into and out of wetland areas and is provided for free use through the NRDs as an incentive for grazing wetlands.
“This event will be a great opportunity for producers to come out and learn more about the equipment and opportunities that are available to them,” said Bishop. “We have had a lot of interest in the equipment and we want to answer everyone’s questions as well as show producers how easy it is to add wetland grazing into their cattle feeding operation.”
Access to the new portable corral is a potential cost savings for local cattle producers, notes Bishop. “Many of them have pasture in the Sandhills or the Flint Hills, so they are shipping the cattle for grazing. Having wetlands to graze is great because it keeps animals closer to home…Having easier access to the wetlands with this equipment helps them diversify their operation without significant additional work.” In addition to the portable corral, the Rainwater Basin Joint Venture also offers 85 percent cost-share funds for perimeter fence, livestock wells, and cross fence–the infrastructure to make grazing wetlands and associated grasslands effectively fit into a producers’ operation without a lot of out-of-pocket expense.
Kim Siebert, owner of S Diamond Angus in Henderson, has used the portable corral and will speak at the event about his experiences. Siebert runs a herd of about 150 cow-calf pairs annually and grazes them rotationally in local wetlands managed by Nebraska Game and Parks. Grazing in wetlands and river bottoms has been part of Siebert’s operation for 20 years.
Nebraska wetlands such as the Rainwater Basin provide essential water filtration and aquifer recharge. They are also habitat for hundreds of species, including some that are at risk, such as whooping cranes, peregrine falcons and bald eagles. Unfortunately, these wetlands have been negatively impacted in the last 150 years through land development and cultivation. Incorporation of these wetlands into local farm and ranch operations through grazing maximizes habitat values in the remaining wetlands.
Grazing cattle in wetlands have a similar impact as the bison who once roamed freely across the state. Cattle can mow down many invasive species (such as reed canary grass and smooth brome), turn the earth and fertilize it, as well as spread seeds of native plants (including switchgrass and big blue stem, and native flowers). This promotes plant diversity in the wetlands and uplands providing habitat for waterfowl, pheasants and other wildlife.
“We would like to encourage more cattle producers to take advantage of this equipment, as it can benefit their businesses as well as Nebraska wetlands and the migratory bird populations that depend on them,” said Bishop. Central Nebraska provides one of the world’s greatest waterfowl migration spectacles as tens of millions of waterfowl descend on the Rainwater Basin each spring, not as a destination, but as a rest stop between southern wintering areas and northern nesting grounds. Bishop sees use of cattle grazing in the Rainwater Basin as a natural way to manage the ecosystem. “Heavy grazing at the right time means more diverse plant communities in these wetlands,” said Bishop. “By using grazing, we don’t have to use chemical treatments and other mechanical methods to manage the area…..We directly impact the population sustainability of millions of migratory waterfowl by maintaining these wetlands.”
The informational event on January 23 will begin at 4 p.m. at the Upper Big Blue NRD office (319 E 25th St, York) with a demonstration of the equipment. Afterward, attendees will relocate to the Chances R’ Beer Garden (124 W 5th St, York) to hear from speakers and enjoy dinner. To register for the event, please call 402-362-6601 or visit www.upperbigblue.org/cattlemensevent.
Lower grains in the trade. Big trade factors today include the FEDS Statement, Brexit & China tariff deadline. What will happen between now & Sunday with China & how will the markets
continue to watch. Brazilian weather for the most part is pretty good. Argentina has some heat, but showers are possible. Livestock ASF, getting reports of an uptick in breakouts in China-not official but being talked about on the ground.
USMCA. Higher grain numbers…did the Chinese numbers get faded out? WASDE report. Chinese production numbers corn & wheat were higher. Final USDA Crop Progress report for 2019. Dollar traded lower. Livestock…USDA cut in exports for beef & pork. Chinese hog heard is starting to rebuild. Cattle markets & weights.
USMCA Chatter. Spitting of weather across the Midwest. Soybeans sharply higher-funds are short. Trade deal talks of last week makes some worried that a deal with China might not be done. Extended crop reports…crop report out tomorrow-can we expect any surprises? Stats Canada Vomitoxin issues, test weight issues on corn. South America weather. Price action on the livestock shows we haven’t learned a lot on the trade issues.
Another solid week on the cash cattle. Could there be a correction headed our way? Any holiday pressure that might work into. How are cattle weights. Holcomb KS plant to start back up this week. How do you think the market react? Funds are long. Some red flags popping up. Hogs…way to cheap but China is playing a role in that. 10% of corn crop still in the field. Basis in corn market. China on again off again. December 15th…will we see changes before then? Mixed grain markets.
Markets closed early on Friday for the Thanksgiving holiday. This year’s crop outcome-what will be harvested is about there-this could move the markets higher as reality sets in that all the crop won’t be out before 2020. How will this change the basis? Cash will win in the end. South American production-any issues heading into December. December 15th deadline looming with China-will they just continue to buy what they need? Corn exports saw some improvements this past week. Getting a final spike trade in the dairy industry. Still seeing some Chinese purchases for milk powder. Weeks snowstorms and upcoming weekend weather be of concern to the feeder cattle market?
On Nov. 28, the European Parliament voted to approve a plan granting the United States a country-specific share of the European Union’s duty-free high-quality beef quota. The agreement, which was signed and announced in August, is detailed in this press release from the Office of the U.S. Trade Representative (USTR).
U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom issued the following statement:
Approval by the European Parliament keeps this agreement on track for implementation in early 2020, which is outstanding news for the U.S. beef industry and our customers in Europe. Lack of capacity in the duty-free quota has been a source of frustration on both sides of the Atlantic, and a U.S.-specific share of the quota will help ensure that U.S. beef can enter the European market 52 weeks per year, without delay or interruption.
The European Union is one of the highest value destinations in the world for U.S. beef, and consistent access will not only benefit U.S. producers and exporters, but also European importers and their clientele. USMEF thanks USTR and USDA for negotiating this agreement and securing its approval, which will bolster the U.S. industry’s efforts to expand the European customer base for U.S. beef.
Lower close headed into the holiday. Winter weather slows harvest once again & what are the implications. South American weather & crop update. Driest soybean in the past 4 decades but the crops look great. Trade talks, USMCA-8 days left on the schedule. If there is a will there is a way. China talks. Strong cash basis for corn & beans-some post-harvest feels. 124 million bushels of corn in NE…a lot more left as you head north. Exports tighten in Brazil. USDA put out a notice for export sales reporting of livestock. ASF.
Corn continues to see slop progress in harvest with over 3 billion bushels still out. Beans have been in a difficult spot, many still question the USDA reports. Hong Kong-is this causing a slow down in getting a trade agreement in place. South America supplies are running small. Cattle futures see a lower trade & ASF spread & the market effects.