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KGNC AGRIBUSINESS HEADLINES

Overproduction A Concern

The latest USDA dairy production report shows a 2 percent increase in June over the same month a year ago, including an 8.3 percent jump in Texas. With Class III prices running above $21 per hundredweight on the futures market and corn below $4 a bushel, dairymen will be tempted to continue hiking output. Hereford dairyman and KGNC correspondent Mike Schouten says that’s a concern. Citing the adage that ‘the fix to high prices is always high prices,’ Schouten explained that dairy prices “can’t remain this high because they will drive production to increase, and at some point we will outrun the demand.” In his weekly report for the KGNC Golden Spread Agribusiness Update, Mike pointed out that exports have been playing a large role in sustaining high demand for U.S. dairy products, which is good, but which also means the industry is vulnerable to setbacks that can occur with international incidents.  

Research On Zilmax

The outlook for Zilmax remains cloudy, but a new study has found no evidence that the feed additive causes negative effects in cattle. University of Nebraska researchers say post-slaughter evaluation of 20 heifers that were fed Zilmax found no effects on the animals’ hearts, livers, lungs, kidneys or adrenal glands. But DTN reports the study did not directly examine lameness in cattle. Zilmax was temporarily suspended by its manufacturer – Merck – in August of last year after some of the nation’s largest beef processors expressed concerns of possible adverse effects on cattle, including walking difficulties. Merck has announced it plans another study involving 250,000 cattle.  

Water District Schedules Hearings

Two public hearings have been scheduled concerning upcoming changes to the High Plains Water District’s rules and management plan. Levelland will be the location for the first hearing, July 29 from 3 p.m. to 6 p.m. at the Mallet Event Center. The second meeting will be in Canyon on August 5 at the Randall County Extension office, also from 3 p.m. to 6 p.m. For more information about the proposed changes and how to submit comments regarding the proposals, go here  http://www.hpwd.com/media/press-releases/july-7,-2014/

Farm Bill Education

Texas A&M AgriLife Extension is offering Farm Bill education events all around the KGNC listening area beginning with meetings July 10 in Panhandle and Clarendon. Altogether, 22 meetings are planned. For a complete schedule, go here http://amarillo.tamu.edu/event/farm-bill-educational-meetings/

County Committee Nominations

The USDA-Farm Service Agency will begin accepting nominations for the upcoming FSA county committee elections. In order to serve on an FSA county committee, a candidate must be someone who is actually participating in or cooperating in an FSA program and must be eligible to vote in a county committee election. To learn more about county committee service and the nomination process, go here http://www.fsa.usda.gov/FSA/webapp?area=newsroom&subject=landing&topic=cce

  

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