It’s the Ranch It Up Radio Show Herd It Here Weekly Report! A 3-minute look at cattle markets, reports, news info, or anything that has to do with those of us who live at the end of dirt roads. Join Jeff ‘Tigger’ Erhardt, the Boss Lady Rebecca Wanner aka ‘BEC’ by subscribing on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel.
EPISODE 140 DETAILS
Trump Administration Throws Small Beef Packers A Life Line
The Trump administration is rolling out a new $500 million relief program to help small and mid-sized beef processors as the cattle industry continues to deal with the smallest cattle supplies in decades and heavy financial losses.
USDA says qualifying processors will receive payments if they maintain minimum cattle slaughter levels. The program is designed to help offset losses that are estimated at around $300 per head.
The nation’s four largest beef packers—Tyson Foods, JBS, Cargill, and National Beef—are not eligible for the assistance. Those companies process more than 80 percent of all U.S. fed cattle and are excluded from the program.
REFERENCE: https://meatingplace.com/trump-admin-weighs-large-lifeline-for-small-beef-packers/
New World Screwworm Update
As New World Screwworm continues to spread in Texas, livestock owners are being urged to stay alert. Beyond the animal health concerns, the pest could bring significant economic losses to producers.
As of June 28, USDA has confirmed 27 cases in the United States. The parasite has been found in cattle, goats, and sheep in Texas, along with one infected dog in New Mexico.
New World Screwworm has a long history in the U.S., dating back to the 1840s. By the 1960s, annual losses were approaching $100 million. Adjusted for today’s dollars, a recent USDA study estimates Texas producers alone could lose more than $730 million, with the total economic impact reaching nearly $1.8 billion.
While the first U.S. case this year was confirmed in Texas on June 3, livestock producers have already been feeling the financial impact for nearly a year because the U.S.-Mexico border has remained closed to Mexican cattle imports in an effort to slow the spread of the pest.
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Rural America is center-stage on this outfit.
AND how is that? Because of Tigger & BEC… Live This Western Lifestyle.
Tigger & BEC represent the Working Ranch world by providing the cowboys, cowgirls, beef cattle producers & successful farmers the knowledge and education needed to bring high-quality beef & meat to your table for dinner.
Learn more about Jeff ‘Tigger’ Erhardt & Rebecca Wanner aka BEC here: TiggerandBEC.com
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