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It’s the government’s fault because they haven’t regulated the packer It’s the governments fault because they over-regulated me It’s the corn market creating this corn to cattle spread It’s my neighbor’s fault because he charged me too much for the hay, I bought from him It’s China’s fault because they aren’t keeping up their end of the trade agreement It’s the stockyard’s fault because they sold my calves late in the day’ (end of paraphrasing) Some people can do this all day long. Jim goes on in that speech to point out that by the time we blame everything we have a...

vectorbomb-ThinkstockPhotos Watch each Friday for Doug Ferguson's Market Intel blog on Beef Producer and BEEF magazine. Rethinking the value of your herd females can have a significant impact on your profit picture This week there were female specials all over the country, so this week’s post will be a female special as well. I am going to use some material I got from friend, mentor and marketing school instructor, Wally Olson. Wally has a great slide where he has a real-world comparison of a conventional cow calf operation against one he labeled a high turnover op...

Watch each Friday for Doug Ferguson's Market Intel blog on Beef Producer and BEEF magazine. Penciling out trades shows profit opportunity no matter what size your operation, and starting small isn't all bad Editor's Note: Doug is early this week due to the holiday and will not produce a column on Jan 1. There is so much conventional wisdom surrounding the cattle biz, and not much of it is good or accurate. Seriously, I think the best thing for a young person to do is be defiant and not listen to any of it no matter where it comes from. In the marketing school Wally Olson and I taught, I...

vectorbomb-ThinkstockPhotos Diversification only makes sense if all parts of the business prosper A couple weeks ago I wrote about tracking enterprises within the business. I have had some questions as to what that means, and the affect it can have. I live in Southeast Nebraska so I will use a typical operation here as an example. I will assume this operation is multigenerational and that it owns the land (both pasture and crop land), machinery, and cattle. The land is its own enterprise. The cattle enterprise rents pasture from the land enterprise, and the farming e...

is expected to leave behind more than two feet of snow in some places with the first flakes falling tomorrow. we want to get right to indra petersons, she's tracking the weather for us out of atlanta. good morning. >> back on february 17th and 18th of 2003, boston got 27 1/2 inches of snow. we're looking to see whether or not we break that record with this nor'easter. let's talk about how it's expected to form. we're currently watching some severe weather potentially pushing through. we even had a tornado warning in southeast louisiana this morning. this now is forming into a low. it...