Thursday, November 10, 2022

Wednesday November 09 Ag News

 NEBRASKA CROP PRODUCTION REPORT

Based on November 1 conditions, Nebraska's 2022 corn crop is forecast at 1.56 billion bushels, down 16% from last year's production, according to the USDA's National Agricultural Statistics Service. Area to be harvested for grain, at 9.30 million acres, is down 3% from a year ago. Yield is forecast at 168 bushels per acre, down 26 bushels from last year.

Soybean production is forecast at 285 million bushels, down 19% from last year. Area for harvest, at 5.70 million acres, is up 2% from 2021. Yield is forecast at 50 bushels per acre, down 13.0 bushels from last year.

Sorghum production is forecast at 16.4 million bushels, down 17% from last year. Area for harvest, at 265,000 acres, is up 15% from 2021. Yield is forecast at 62 bushels per acre, down 24 bushels from last year.

Sugarbeet production is forecast at 0.975 million tons, down 30% from last year. Area for harvest, at 39,000 acres, is down 11% from 2021. Yield is forecast at 25.0 tons per acre, down 6.9 tons from last year.

Potato acres of 20,000 were planted in 2022, up 5%. Harvested acreage set at 19,900 acres, up 5%. Production is forecast at 9.55 million cwt, up 3% from last year. Yield is forecast at 480 cwt per acre, down 10 cwt from last year.



Iowa Crop Production Estimates


Iowa corn production is forecast at 2.51 billion bushels according to the latest USDA, National Agricultural Statistics Service – Crop Production report. Based on conditions as of November 1, yields are expected to average 202.0 bushels per acre, up 2.0 bushels per acre from the October 1 forecast but down 2.0 bushels per acre from last year. Corn planted acreage is estimated at 12.9 million acres, with an estimated 12.5 million acres to be harvested for grain.

Soybean production is forecast at 591 million bushels. The yield is forecast at 59.0 bushels per acre, up 1.0 bushel per acre from the October forecast but down 4.0 bushels per acre from 2021. Soybean planted acreage is estimated at 10.1 million acres with 10.0 million acres to be harvested.

The forecasts in this report are based on November 1 conditions and do not reflect weather effects since that time. The next corn and soybean production estimates will be published in the Crop Production – Annual Summary report which will be released January 12, 2023.



USDA Crop Production - November Estimates


Corn production for grain is forecast at 13.9 billion bushels, up less than 1 percent from the previous forecast but down 8 percent from 2021. Based on conditions as of November 1, yields are expected to average 172.3 bushels per harvested acre, up 0.4 bushel from the previous forecast but down 4.4 bushels from last year. Area harvested for grain, forecast at 80.8 million acres, is unchanged from the previous forecast but down 5 percent from the previous year.

Soybean production for beans is forecast at 4.35 billion bushels, up 1 percent from the previous forecast but down 3 percent from last year. Based on conditions as of November 1, yields are expected to average 50.2 bushels per harvested acre, up 0.4 bushel from the previous forecast but down 1.5 bushels from 2021. Area harvested for beans in the United States is forecast at 86.6 million acres, unchanged from the previous forecast but up less than 1 percent from 2021.



USDA WASDE - Nov 9, 2022


COARSE GRAINS: This month’s 2022/23 U.S. corn outlook is for higher production, larger feed and residual use, and greater ending stocks. Corn production is forecast at 13.930 billion bushels, up 35 million from last month on a 0.4-bushel increase in yield to 172.3 bushels per acre. Feed and residual use is higher based on a larger crop. With supply rising more than use, corn ending stocks are raised 10 million bushels. The season-average corn price received by producers is unchanged at $6.80 per bushel.

Global coarse grain production for 2022/23 is forecast fractionally lower at 1,459.5 million tons. This month’s 2022/23 foreign coarse grain outlook is for reduced production, lower trade, and smaller stocks relative to last month. Foreign corn production is forecast lower as declines for the EU, South Africa, Philippines, and Nigeria are partly offset by increases for Angola, Mali, Pakistan, Turkey, and Senegal. Corn production in the EU is down based on a decline for Hungary. South Africa is reduced based on lower expected area. Barley production is lowered for Argentina but raised for Australia and the EU.

Major global trade changes include lower corn exports for South Africa. Corn imports are reduced for Vietnam, Algeria, and Turkey. For 2021/22, corn exports for Argentina are cut for the local marketing year beginning March 2022, based on shipments observed through October. For 2022/23, barley exports are raised for Australia but lowered for Argentina and Russia. Barley imports are reduced for China. Foreign corn ending stocks are down, mostly reflecting declines for Nigeria and South Africa that are partly offset by an increase for Vietnam. Global corn ending stocks, at 300.8 million tons, are down 0.4 million.

OILSEEDS: The U.S. soybean outlook for 2022/23 is for increased production, crush, and ending stocks. Soybean production is forecast at 4.35 billion bushels, up 33 million on higher yields. Higher yields in Iowa and Missouri account for most of the change in production. Soybean crush is raised 10 million bushels on an increased domestic soybean meal disappearance forecast. With exports unchanged, soybean ending stocks are raised 20 million bushels to 220 million. The U.S. season-average soybean price for 2022/23 is forecast at $14.00 per bushel, unchanged from last month. Soybean oil price is also unchanged at 69 cents per pound. The soybean meal price is forecast at $400.00 per short ton, up 10 dollars.

Global oilseed production for 2022/23 is projected at 645.6 million tons, down 1.0 million from last month. Lower soybean, sunflowerseed, and cottonseed production is partly offset by higher rapeseed. Global soybean production is down 0.5 million tons to 390.5 million, mainly on lower production for Argentina. Area harvested for Argentina is reduced reflecting in-country estimates. Sunflowerseed production is reduced for Ukraine on lower reported yields. Global rapeseed production is raised 1.0 million tons to 84.8 million on higher yields for Australia and the EU.

Global oilseed ending stocks are projected at 121.9 million tons, up 1.4 million. Soybean stocks account for most of the change with an increase to China’s stocks based on a revision to 2021/22 imports. Another notable oilseed change includes lower palm oil production for Malaysia, which is reduced 1.0 million tons to 18.8 million. With reduced Malaysian palm oil supply and no change in exports, ending stocks are lower.

WHEAT: The outlook for 2022/23 U.S. wheat this month is for stable supplies, increased domestic use, unchanged exports, and slightly lower ending stocks. Total domestic use is projected 5 million bushels higher at 1,093 million as an increase in food use more than offsets a decrease in seed use. Food use is raised 7 million bushels to a record 977 million on strong calendar year third quarter wheat ground for flour reported in the latest NASS Flour Milling Products. All wheat exports are unchanged at 775 million bushels, with offsetting changes for White wheat and Durum. Projected 2022/23 ending stocks are lowered 5 million bushels to 571 million, the lowest level since 2007/08. The projected 2022/23 season-average farm price is unchanged at $9.20 per bushel.

The global wheat outlook for 2022/23 is for increased supplies, consumption, trade, and ending stocks. Supplies are projected up 1.3 million tons to 1,059.0 million based on increases in beginning stocks and production. World production is raised 1.0 million tons to 782.7 million as larger production in Australia, Kazakhstan, and the UK more than offsets declines in Argentina and the EU. Production in Australia is raised 1.5 million tons to 34.5 million as above average rain over the past month supported crop development and boosted yields, following widespread favorable conditions earlier in the growing season. Argentina production is lowered as continued widespread dry conditions through most of October further eroded yield potential, especially in northern areas. Feed and residual use is raised 0.9 million tons as increases in the EU, South Korea, the Philippines, and Vietnam more than offset a decline in India. However, FSI consumption is lowered 1.5 million tons primarily on decreases for Bangladesh and Indonesia. The global forecast for trade is increased 0.3 million tons to a record 208.7 million, primarily on higher exports from Australia, Kazakhstan, and the UK that more than offset a reduction in exports by Argentina. Projected global ending stocks are increased 0.3 million tons to 267.8 million, with increases for Australia and India and a decrease for the EU accounting for most of the change.

LIVESTOCK, POULTRY, AND DAIRY: The forecast for 2022 red meat and poultry production is raised from last month as higher beef and broiler forecasts for the fourth quarter are partly offset by lower pork and turkey forecasts. Beef production is raised with higher expected cattle slaughter as well as higher carcass weights. Pork production is lowered on a slower expected pace of slaughter. Broiler production is raised on current slaughter and hatchery data. Turkey production is lowered based on tighter bird supplies. Egg production is lowered from last month on recent hatchery data.

For 2023, the beef forecast is lowered on tighter supplies of fed cattle and lower cow slaughter. Broiler production is raised on expected growth in broiler flocks. Turkey production is lowered slightly for the first two quarters. Egg production is reduced as slower expected growth in production in late 2022 is carried into the first part of 2023.

Beef imports for 2022 are lowered on recent data, higher expected U.S. cow slaughter, and weaker expected imports from Oceania in the fourth quarter. Exports are lowered on recent data and expected weaker exports to Asian markets. No changes are made to beef trade for 2023. Pork imports are lowered and exports are raised for 2022 on observed data. Weaker imports are carried through into 2023, but exports are unchanged. Broiler export forecasts for 2022 are raised on recent trade data while 2023 exports are unchanged. Turkey exports are raised for 2022 and 2023 on current trade data.

Cattle price forecasts for 2022 and 2023 are raised on stronger expected demand. The 2022 hog price forecast is raised on prices to date; 2023 prices are unchanged. The broiler price forecast for 2022 is lowered on recent data, but 2023 forecasts are unchanged. Turkey price forecasts for both 2022 and 2023 are raised with lowered expected production. Egg price forecasts for 2022 and 2023 are raised on recent prices and expectations of continued firm demand.

The milk production forecast for 2022 is raised from last month, while 2023 production is unchanged. The dairy cow inventory for both years is lowered on recent published data but output per cow is raised.

Fat and skim-solids basis imports for 2022 are lowered, driven by recent trade data and lower expected imports of cheese and butterfat products. Forecasts for 2023 fat basis imports are lowered on weaker butterfat products, while skim-solids basis imports are raised on cheese. Exports on a fat basis for 2022 are lowered on weaker expected exports of cheese and butterfat products but raised for 2023. Exports on a skim-solids basis are raised in 2022 on higher expected exports of skim milk powders (SMP) and lactose and for 2023 on higher SMP and whey exports.

For 2022, forecasts for butter, cheese, and nonfat dry milk (NDM) prices are lowered on current prices and larger milk supplies. Whey prices are unchanged. Both Class III and Class IV prices are lowered on weaker product prices. For 2023, the price forecast for butter is raised, but lowered for cheese and NDM. Whey prices are unchanged. With lower cheese and NDM prices, Class III and Class IV price forecasts are lowered. The 2022 all milk price forecast is lowered to $25.50 per cwt and the 2023 all milk price is lowered to $22.60 per cwt.



2022 AFAN Annual Meeting Scheduled for Monday, Nov. 21


The Alliance for the Future of Agriculture in Nebraska (AFAN) will hold its 2022 annual stakeholders meeting Monday, November 21 at the Cornhusker Marriott Hotel in Lincoln.  

The meeting will open at 8:30 a.m. with coffee and conversation time, followed by the formal meeting at 9 a.m. and ending with a luncheon at 11:30 p.m. All media personnel are invited to join us and other key industry members for the day.

The day will include remarks from Governor Pete Ricketts and Governor-Elect, Jim Pillen. The AFAN meeting will include year-end reports by Steve Martin, Executive Director of AFAN and WSA, Kris Bousquet, Director of Livestock Development, and Rylee Stoltz, Director of Communications with AFAN. The reports will present the year’s accomplishments and provide a look into future opportunities for both organizations.  

Also included in the meeting will be the presentation of the Sand County Foundation’s 2022 Nebraska Leopold Conservation Award to the Wine Glass Ranch. If interested in attending the annual meeting please RSVP to Mindy Rix ASAP by calling (402) 421.4472 or by emailing mindyr@a-fan.org.  



2022 Beef Passport Prize Winners Announced

 
The Nebraska Beef Passport program saw another successful summer of customers enjoying beef from restaurants across the state in its second year of the promotion that ran from May 1 through September 30. 44 restaurants that serve outstanding beef meals were on the map this year, with a digital passport option making it even more accessible.
 
Of over 6,000 Nebraska Beef Passports requested this summer, three participants walked away lucky winners of the prizes offered by getting their passports stamped and submitted.
 
The two grand prize winners are Amy Kelley of Grand Island, Nebraska and Diane Merryweather of Valley, Nebraska. This year’s grand prize is a $250 beef bundle. The Cabela’s Cooler Winner is Zachary Zysset of Lincoln, Nebraska.
 
“We had another successful year for the Nebraska Beef Passport,” said Adam Wegner, director of marketing for the Nebraska Beef Council. “The addition of the digital passport made it even easier for people to participate and collect their stamps. We’ll continue to look for ways we can grow and improve the Beef Passport experience in the future.”
 
Also new this year is the Beef Passport Hall of Fame that lists participants that collected at least 30 stamps. Two individuals collected stamps from all 44 locations. The Hall of Fame members along with a complete list of campaign results can be found at www.GoodLifeGreatSteaks.org.



Registration open for NE Cattlemen annual convention


You are invited to the 2022 Nebraska Cattlemen Convention and Trade Show!

Now less than one month away, don’t forget to secure your spot before early registration ends on November 30th. Students get half off Convention registration, and we are hosting our inaugural career fair in the trade show this year (more details below).

NEW TRADE SHOW EVENTS!

Want a chance to win special prizes? This year, Convention attendees will be able to pick up a Trade Show passport, and each participant with at least thirty stickers will be entered in a drawing to win a prize!

Additionally, on Thursday, December 8th, from 10:30 a.m. to 3:00 p.m., we’ll be hosting our FREE inaugural career fair for high school seniors and college students. Students are invited to meet with leading businesses in the Trade Show to strengthen their networking skills and learn more about job opportunities in the cattle community.  

WANT TO DANCE?

Thursday, December 8th
9:00 p.m.
Following the Annual Awards Banquet, get ready to boot, scoot, and boogie along with The Loose Cannons! The Loose Cannons are a traditional country band who also enjoy playing a little rock & roll. The dance will have a cash bar and remain open until midnight. Bring your best moves!

CATTLEMEN'S COLLEGE

Tuesday, December 6th
12:00 p.m.
The Impact of Potential Growth in the Beef Sector in Nebraska

Beef producers continue to face challenges, but the potential growth in the beef sector in Nebraska it may keep producers more optimistic about economic recovery and growth. Beef producers are engaged amid these economic opportunities and challenges.

We’re excited to host Sustainable Beef, Blackshirt Feeders, YellowStone Cattle, Cattlemen’s Heritage, and AFAN to talk about their long-term strategies for growth in the beef cattle industry. Nebraska wants to continue to build the beef state as we encourage innovation, collaboration, and work to increase the trust in the production chain and with consumers.

Labor Issues: Hiring and Retention

Across the industry, a shortage of labor challenges beef producers. Recruitment of high-quality workforce will require managers to consider several factors that will keep employees and help motivate them to work. In addition, the communities where our workforce is living are asked to help to boost their local economy by supporting schools, providing affordable and quality housing, and access to health care.

Craig Uden and Frank Utter will visit about the labor issues and how they have developed plans to help with hiring and retention.

Hear From Leopold Award Winner Logan Pribbeno

Logan Pribbeno grew up around rotational grazing and no-till farming in the 1990s when both practices were still hotly debated by academics and farmers alike. Today, the self-described “second-generation conservationist” prioritizes rebuilding the light soils his family farmed for over a century while making a living. Aldo Leopold defined conservation as the state of harmony between man and land. That harmony is found at Wine Glass Ranch, where the Pribbeno family’s deliberate management decisions are restoring, enhancing, and conserving their land.

OPENING GENERAL SESSION

Wednesday, December 7th
5:15 p.m. CT
Join us for the Opening General Session, where we’ll honor retiring board members, recognize our Top Hand Winners, and discuss the success of the Nebraska Cattlemen Political Action Committee. You won’t want to miss hearing from our special guests!

Gregg Doud, 
Vice President of Global Situational and Awareness & Chief Economist for Aimpoint Research
Gregg brings an unparalleled global perspective and economic expertise to the team. He works closely with members of the Executive Intelligence Network (EIN) and plays a major role in the development of its thought leadership priorities.

Prior to joining Aimpoint Research, Gregg served in the Office of the U.S. Trade Representative as Chief Agricultural Negotiator with the rank of U.S. Ambassador. He was one of the primary architects of the U.S.-China "Phase One" trade agreement.

Gregg has previously served as President of the Commodity Markets Council, the leading trade association for commodity futures exchanges and their industry counterparts, where he worked to lead the industry in addressing global market and risk management issues. As a senior staff member of the Senate Agriculture Committee, Doud helped craft the 2012 Senate Farm Bill working on international trade, food aid, livestock, and oversight of the Commodity Futures Trading Commission. Doud served as Chief Economist for the National Cattlemen’s Beef Association for eight years and is a former market analyst for the U.S. Wheat Associates.

Raised on a dry-land wheat, grain sorghum, soybean, swine, and cow-calf operation near Mankato in North-Central Kansas, Doud continues to be involved in his family’s 100-year-old farm and is a partner in a commercial cow-calf operation. He received a B.S. in Agriculture with an emphasis in animal science, as well as a M.S. in Agricultural Economics from Kansas State University. He currently resides with his family on their horse farm in Lothian, Maryland.

Don Schiefelbein, 2022 NCBA President
Don Schiefelbein, his father, seven brothers and three nephews own and operate Schiefelbein Farms, a large diversified farming operation in Kimball, Minnesota.

Before returning to the family farm, Schiefelbein served as the executive director of the American Gelbvieh Association. He previously worked for the North American Limousin Association after graduating from Texas A&M University.

Schiefelbein has a long history of industry service, most recently in the role as chairman of the Beef Industry Long Range Planning Committee.
    
He has also held several positions on committees and the board of directors of the American Angus Association. In addition, Schiefelbein is a past president of the Minnesota Cattlemen’s Association.

Schiefelbein and his wife of 32 years, Jennifer, have three daughters, Shelby, Abbey, and Bailee, all of whom are active in the industry.

Get more information and register here: https://nebraskacattlemen.org/events/convention-trade-show/.  



Grant Available to Help Cattle Producers Attend Educational Events


Cattle producers are the original stewards of land and livestock and are constantly striving to improve their operations through education and professional development. To help reduce the financial burden of attending conventions and meetings, the National Cattlemen’s Foundation and Cargill created the Rancher Resilience Grant, which is administered by the National Cattlemen’s Beef Association. The grant reimburses producers for registration fees and other expenses at specific educational events, including Cattlemen’s College during the 2023 Cattle Industry Convention & NCBA Trade Show in New Orleans.

“Our industry continually explores technologies and production practices to support more efficient operations that focus on profitability and consistent high-quality beef,” said NCBA Senior Executive Director of Producer Education Josh White. “It’s exciting to see industry partners come together through a shared commitment to promote the long-term economic wellbeing of farmers and ranchers across the beef value chain while also improving our product and our care for livestock and natural resources.”

Since the program began in 2020, the Rancher Resilience Grant has provided financial support and educational opportunities for hundreds of producers to attend events across the country. Past participating events include Cattlemen’s College, the Beef Improvement Federation Symposium, the National Grazing Lands Coalition Conference, Stockmanship and Stewardship regional events, King Ranch Institute for Ranch Management events, and many more.

The educational events supported by the Rancher Resilience Grant are in place to provide practical tools to help cattle producers manage market shifts, mitigate financial risks, manage natural resources and withstand extreme weather events. Past grant recipients say they not only found the content of the events to be educational, but they also took away action items to implement back home.

“Attending the convention and Cattlemen’s College gave me new ideas on how to improve and grow my operation,” one grant recipient shared about his experience. “Since returning home I have revised my grazing plan, with the hope to not only improve forage quality but also extend our grazing period.”

Producers can apply for the grant to attend the 2023 Cattlemen’s College and, if selected, will receive a reimbursement of $1,097 to offset expenses. For more information and to apply, visit www.ncba.org/producers/rancher-resilience-grant.



Weekly Ethanol Production for 11/4/2022


According to EIA data analyzed by the Renewable Fuels Association for the week ending November 4, ethanol production expanded 1.1% to 1.051 million b/d, equivalent to 44.14 million gallons daily and the largest weekly output since June. Production was 1.2% higher than the same week last year and 1.7% above the five-year average for the week. The four-week average ethanol production volume increased 3.0% to 1.035 million b/d, equivalent to an annualized rate of 15.87 billion gallons (bg).

Ethanol stocks were fractionally lower, down 0.2% to 22.2 million barrels. However, stocks were 9.4% more than a year ago and 4.2% above the five-year average. Inventories thinned in the Midwest (PADD 2) and West Coast (PADD 5) but built across the other regions.

The volume of gasoline supplied to the U.S. market, a measure of implied demand, scaled up 4.1% to 9.01 million b/d (138.14 bg annualized). Yet, demand was 2.7% less than a year ago and 1.4% below the five-year average.

Conversely, refiner/blender net inputs of ethanol slipped 2.3% to a 7-week low of 884,000 b/d, equivalent to 13.55 bg annualized. Net inputs were 1.0% lower than a year ago and 2.0% below the five-year average.

There were no imports of ethanol for the third consecutive week. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of September 2022.)



 Ethanol Associations Issue Unified Message Ahead of COP 27


In an intentional commitment to support the global fight against climate change, the U.S. Grains Council (USGC), Renewable Industries Canada (RICanada), UNICA, UNEM (National Corn Ethanol Union) and ePURE have come together today to underscore the importance of renewable ethanol in this effort.

The leaders of each organization issued a joint letter, declaring, among other things:
As the world’s leading ethanol associations representing producers across the globe, we support the global energy transition and effort to reduce greenhouse gas (GHG) emissions. Crop-based biofuels such as ethanol provide benefits to the environment, energy and food security, human health, and rural communities and underscores its essential role in global efforts to reach net zero by 2050 and beyond.

The use and implementation of renewable ethanol offers GHG reductions in the transport sector; produces valuable co-products such as animal feed and biobased additives, contributes to positive health effects among world populations; is a future-facing renewable liquid fuel that can be used by the aviation sector; and its affordability can assist countries seeking solutions to current energy security and inflation.

Our organizations remain committed to building a sustainable future and believe widely available renewable ethanol serves as an immediate and effective answer to present and future environmental, energy security and human health challenges.



2022 Farm Service Agency County Committee Elections Open This Week


The U.S. Department of Agriculture (USDA) began mailing ballots this week for the Farm Service Agency (FSA) county and urban county committee elections to all eligible agricultural producers and private landowners across the country. Elections are occurring in certain Local Administrative Areas (LAA) for these committee members who make important decisions about how federal farm programs are administered locally.  Producers and landowners must return ballots to their local FSA county office or have their ballots be postmarked by Dec. 5, 2022, in order for those ballots to be counted.   

“County committees provide an opportunity for producers to play a meaningful role in delivering farm programs, but in order for county committees to be effective, they must truly represent all who are producing,” said FSA Administrator Zach Ducheneaux. “Voting in these elections is your opportunity to help ensure our county committees reflect the diversity of our agriculture. Your voice and vote matter, don’t miss your chance to cast your ballot.” 

Producers must participate or cooperate in an FSA program to be eligible to vote in the county committee election. A cooperating producer is someone who has provided information about their farming or ranching operation but may not have applied or received FSA program benefits. Additionally, producers who are not of legal voting age but supervise and conduct farming operations for an entire farm are eligible to vote in these elections.  

Each committee has from three to 11 elected members who serve three-year terms, and at least one seat representing an LAA is up for election each year. Ballots must in the mail or delivered in person by close of business Dec. 5, 2022, to be counted. Newly elected committee members will take office Jan. 1, 2023.   

Producers can find out if their LAA is up for election and if they are eligible to vote by contacting their local FSA county office. Eligible voters who do not receive a ballot in the mail can request one from their local FSA county office. Visit farmers.gov/service-locator to find your local USDA Service Center and fsa.usda.gov/elections for more information.



CNH Industrial Reports Strong Sales, Revenues


CNH Industrial N.V. reported upside earnings and revenues for the previous quarter. The company's earnings came in at an EPS of $0.41 per share, 28.00% higher than estimates for an EPS of $0.32 per share. Earnings are up 21% since reporting $0.34 per share in the same period a year ago.

Revenues were upbeat at $5.9 billion. That is an increase of 23.81% in revenues from the year-ago report and is 12.02% higher than consensus estimates set at $5.3 billion. The stock is up 5.95% to $14.25 after the report.

CNH Industrial N.V. has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 81, putting CNH Industrial N.V. in the top 25% of stocks. The firm set a 52-week low on July 14, 2022 at $10.6 and set a 52-week high on December 27, 2021 at $17.21.

CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. Its products are available through a robust dealer network, Commercial and Specialty Vehicles which includes over 5,000 dealer and distribution locations globally.



American Angus Association congratulates Heritage Foundation inductees


To celebrate and honor the contributions of individuals who have gone above and beyond for the Angus Breed, the American Angus Association® created the Heritage Foundation in 1983. At the 2022 Angus Convention in Salt Lake City, Utah, three couples and one individual were inducted into the Heritage Foundation because of their innovation, service and leadership. Over the past 130 years, the business breed has proven itself as an industry leader and expert. Inductees of the Heritage Foundation depict the type of individuals who built a reputation with their drive, ambition and forward-thinking attitude.

From the start of their operations, these individuals set out on a mission to improve the Angus breed and the cattle industry even if they did not realize what the fruits of their efforts would be. This group held the vision and foresight to elevate Angus cattle for the betterment of farmers and ranchers across the country. Looking back, many of these inductees question how they managed to prosper through tough times.

The 2022 inductees include: Jim and Sue Coleman of Modesto, California; Leo and Sam McDonnell of Columbus, Montana; Dave Nichols of Anita, Iowa; and Becky and the late Arlen Sawyer of Bassett, Nebraska.

Jim and Sue Coleman - What started out as a small business investment in 1976, Jim and Sue Coleman’s Vintage Angus Ranch has since turned into an established set of diverse genetics with an emphasis on cow families and more importantly — emphasis on the Angus Family. Alongside manager Doug Worthington, the operation consists of a 450 Angus cowherd that grazes more than 5,000 acres in the California Sierra Foothills. In addition to their commitment to performance data and maternal traits, the Coleman’s heavily pour support into the efforts of the Angus Foundation to enhance the future of the Angus breed’s education, youth and research. The Coleman’s passion for the breed is clearly shown in their commitment to the Angus female, commitment to the Angus Family and commitment to the next generation.

Leo and Sam McDonnell - Generational on the top and bottom side, Leo and Sam McDonnell devote their time and efforts to providing the most predictable and proven genetics available on their operation, McDonnell Angus. Moving toward trait selection of economic value, the family’s success increased as they worked with breeders toward a common goal — industrywide efficiency. Carrying on what his father started in 1962, Leo managed the Midland Bull Test which has since grown to become the largest performance test center in North America, testing about 2,000 bulls annually, but has since been passed on to his son. As Leo and Sam transition their focus to McDonnell Angus, they note that the legacy isn’t the business — the legacy is their children and grandchildren. Their legacy lies in the future of the industry.

Dave Nichols - Dedicated to data — the mantra of lifetime Angus breeder, Dave Nichols. From being the first Iowan herd to incorporate computer performance records to intricate feed intake and measurement systems, Nichols has continuously adapted and extended the limits of performance records. This immense interest in data led to his heavy involvement in the Angus Herd Improvement Records (AHIR), Beef Improvement federation (BIF) along with partaking in numerous research projects to improve technology. From his leadership and accolades to his dedication to providing customers with a firm handshake and the best genetics possible, Nichols’ investment in the breed and its success is evident in all he does.

Becky and the late Arlen Sawyer - A family who built themselves on grit and resilience, it’s no surprise they’ve relied on the adaptability and performance of Angus genetics to sustain their livelihood. For the past 30 years, the Sawyer family’s main priority has been to produce cattle that thrive under Nebraska Sandhills range conditions. With a cow herd consisting of 600 registered and commercial Angus cows, Becky and her late husband, Arlen, along with their children, Adam and Jessica, have worked diligently each day to sustain their 100+ year operation, A&B Cattle. Dedicated just as much to the next 100 years as they’ve been in the past 100, they continue to create a prosperous future for both the beef industry and the next generation of cattlemen.

To learn more about the Angus Heritage Foundation and those inducted since its inception, visit https://angusawards.com/.  




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