Estate Planning... a topic nearly every ranch family will have to… or has dealt with.  Attorney Dal Houston walks us through the various topics like: the difference between a Will and a Trust; the difference between a Revocable Trust and an Irrevocable Trust as well as discussion on Joint Tenancy, Partnerships, and LLC’s.  You may have heard this topic before, but it's crucial to the sustainability of our family ranches... and how much you wanna bet you’ll hear something this time around that you missed the first time.    

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It's the second most costly animal health issue in our industry… Lameness. And today Dr. Lacey Fahrmeier is my guest as we discuss the factors that contribute to animals coming up lame.  We'll talk about nutrition, the environment and even your genetics.  Also, not everything is Footrot and how improper diagnosis can have long-term effects. Plus, what does naval infection in these baby calves have to do with lameness?  Today we cover all the angles of lameness in our cattle and begin to understand that, what is being manifested in the soundness of our cattle could be from an underling issue.

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Buying bulls in a BIG investment.  Dr. Mark Johnson with Oklahoma State University Extension is back with us to bring into context some practical insight when searching for and buying bulls. It starts with defining the purpose and role that bull will be playing in shaping the desired outcome.  We'll discuss how you can determine what the value of a good bull is to your operation and the factors you may want to consider in your bull buying decision.

Links:

• Video from OK State Extension

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The Estate Tax Exception amount is set to roll back from 13 million per person to 7 million at the end of 2024 and attorney Dal Houston returns as a guest to explain the details.  We’ll discuss options that can be looked at should your estate be bumping into the potential for those Death Taxes… which will lead us into a great discussion on the uses and differences of a Revocable Trust versus an Irrevocable Trust. Plus, his thoughts on whether to leave your estate to that next generation “Outright” or in a “Trust”.

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Simple Supply and Demand indicated the Ranchers are going to have leverage for the next few years.  Clint Berry, Marketing Rep for Superior Livestock joins us as we work through the CattleFax projections for 2024.  The US Beef Cattle herd is the smallest since 1961 and expansion of the US herd appears to be rather slow.  What could be causing that?  We’ll talk through some of the fundamentals from corn and hay prices to consumer demand then break down the report as we look at projected prices from Fat Cattle down through Feeder Steers and Calves as well as the Cull Cow Market and the Bred Cattle Market.

Plus, Dr. Travis White with Saskatoon Colostrum Company (SCCL) will join us as we discuss when to "replace" and when to "supplement" colostrum as well as why "whole bovine colostrum" products are superior.

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Lamar Steiger returns as a guest in his role both as a rancher and a consultant to beef retailers as we discuss the value in knowing and understanding more about the end user of our product, we call Beef.  We’ll also get an update on the Walmart Beef Supply Chain... and while we’re on the topic of Beef Supply Chain, let's talk vertical integration.  Do WE really understand what the customer wants, or are we wanting… what We want?

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How does a case in Idaho over stock water rights on public lands have a much broader implication? That’s basically the crux of our conversation today as Gage Zobell with the law firm of Dorsey & Whitney walks us through the multiple angles of this topic starting first with water and land use of our public lands.  We’ll discuss how policy rather than legislation is now the norm when it comes to the rules and regulations we see in the country side.  And we’ll discuss how climate initiatives are shaping policy with no realization to the consequences they’ll make on the production of the food and fiber in our country.

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The USDA recently launched a pilot program that will allow local or independent beef processing facilities the ability to get official USDA Grading… remotely. Lia Biondo & Patrick Robinette with the US Cattlemen’s Association join me today to talk about the details of this pilot program.  How it came about, how it will function, and why they believe it to be a major game changer for so many in the cattle industry. Who benefits from Remote Grading at your local independent beef processing facility?  Listen in as we learn about the details and what it means to us as beef producers.  See links below for additional resources.

• USDA Remote Grading Pilot for Beef Overview

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It’s Part 2 in our series on Beef on Dairy.  Dr. Ty Lawrence of West Texas A&M University and director of the Beef Carcass Research Center, continues walking us through this topic.  Last week he provided an overview and then we started with the Good… then into the Bad… and this week we get into the Ugly.  Also, are "Beef on Dairy" animals a competitor to my ranch raised beef?  And we’ll concluded with, what can we learn from the dairy industry?  It real... it’s honest and you’re gonna hear it today as we conclude our series on "Beef On Dairy: The Good, The Bad, and the Ugly".

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Beef on Dairy... today is Part 1 of a two-part series looking at that segment of our cattle industry. Dr. Ty Lawrence of West Texas A&M University is one of the most recognized experts on this subject.  Today we will look at the factors in the dairy industry that has dairy producers cross breeding to non-dairy genetics.  Then we’ll begin to peel back the layers as we look at "the Good", "the Bad"... and in next weeks show will finish with the Ugly and my questions on this subject.

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