Federal Shut Down Impacting South Dakota Cattle Producers

Federal Shut Down Impacting South Dakota Cattle Producers

The recent federal shut down has affected two of South Dakota’s largest  markets, the calf and feeder markets. SDSU Extension Risk Management Specialist Matt Diersen says price discovery and the ability to transfer risk has been hampered considerably. He says because of that producers have to look harder for information.

Diersen says usually prices for calves and feeder cattle are normally monitored and reported by USDA’s Agricultural Marketing Service but with the shutdown, the market reporters were furloughed. He says local price information then becomes even more important for producers.

He says another problem is that without the information provided by A-M-S, producers don’t know what the underlying cash market is or how accurate it is.

Diersen says Livestock Risk Protection insurance is not available because administrators of those programs have been furloughed.

Recent Headlines

in Local

New Trade Deal Could Be Good For Nebraska Ag

2006-09-25 19.40.22

The just concluded TPP could bring benefits to Nebraska ag producers.

in Agriculture

Cattle Disappointed with Status Quo on Mandatory Price Reporting

2006-09-25 19.40.22

Many cattlemen are disappointed with the outcome of the Mandatory Price Reporting reauthorization. Ed Greiman is past President of the…

in Agriculture

House Ag Committee Looks at Dietary Guidelines

Ag committee small 5-15

Wednesday the House Agriculture Committee held a public hearing to review the dietary guideline recommendations brought forward by an advisory…

in Agriculture

Hughes County 4-H Faces Budget Cuts

4-H Logo

Hughes County South Dakota Commissioners have approved their 2016 budget. The budget is almost $720,000 less than last years. It…

in Agriculture

Pig Farmer of the Year Announced

NPB Logo

The National Pork Board has named an Indiana farmer as their first ever America’s Pig Farmer Of the Year. Keith…