The USDA released the monthly COF report, which is the number, or percent, of cattle that are being shipped to feedlots.
Over the past 10 years(2001-2010), the U.S. has averaged a 21% increase of feed cattle from July to August. Last year, 2011, was the year of the Southern Plains Drought and rendered an unsurprising 5% increase.
This year as a nation we have experienced some rocky weather activity, such as storms and low water tables, but still managed to produce a higher yield of corn and soybeans. This yield is measured by comparing the amount and quality produced this month a year ago.
This being said, July to August COF only reached a 4.2% increase this year. Only one year has recorded lower numbers in the 16 years COF has been documented. In summary, record lows of cattle on feed are being recorded in a month of higher yield of feed products.
Tuesday, September 25, 2012
Tuesday, September 4, 2012
Isaac's Impact on Farms/Pasture
Hurricane Isaac has played a large role in pasture
land for many farms across the nation, both good and bad. According to the USDA drought has covered 62%
of the lower 48 states. With Isaac
stringing showers across Arkansas and some central states, many row croppers and
cattlemen were thankful of the rain provided. However, many farms located in
the southern region of the state (MS) were not so lucky. Many places, such as mine, experienced flooding
of fields which lead to roads, fences, and pasture washing away from strong
water flow.
Fields are soon to be disked in preparation of ryegrass
being planted so many farms are quickly trying to rebuild. Rebuilding of fence and land causes large
amounts of debit to build.
The FSA and USDA are currently trying to form some type of disaster relief
program to aid in damages received by Hurricane Isaac. For more information and these programs you
will need to contact your local county agent or government office.
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