Feedlot a Total Loss
Jun 19, 2014
Monday a wave of tornadoes descended upon northeast Nebraska in an area that is known for its cattle feeding operations. Unfortunately, the storm wiped out most of the Herman Dinklage Inc. Feedlot near Pilger.
Owner Jeff Dinklage says, "This is a total rebuild." He estimates that hundreds of cattle were lost and millions of dollars in damages were sustained at his three different facilities.
A Google Maps image of the feedyard shows the operation in its once pristine condition, but the devastation of this Facebook picture tells a different story. The surviving cattle can be seen in the foreground of the picture as they are being loaded onto a semi-trailer bound for a different location.
More images from the tornado's damage can be seen on Nebraska Emergency Management Agency's Facebook page. Our thoughts and prayers go out to the families affected by this storm.
Feasting Like Flintstones
Eating like its 2000 BCE (the Stone Age) has been picking up a lot of steam lately. We're all for this Paleolithic Diet craze since it promotes meat as a staple at all meals. But with the high price of beef and other meats eating like Fred Flintstone is getting pretty costly. Ground beef is up 11% since last spring while pork is at 9% more and even fish has seen a 4% increase. Restaurants like Panera and Taco Bell have been trying to fight the increased prices by promoting "Power Menus" that are high on protein and priced at a fair value.
"WILMA, pass the beef!"
If you didn't already know Canada is home to some of the best comedians in the world like Jim Carrey, Mike Meyers, Seth Rogen and even Toronto's Mayor Rob Ford. We also got a good laugh out of a promotional campaign that Canada Beef and the Canadian Partnership for Consumer Food Safety Education launched to help consumers properly cook burgers by using a meat thermometer. "There is no more guessing, which means hockey pucks can stay on the ice and burgers can be enjoyed all summer long," says Joyce Parslow, a professional home economist with Canada Beef. Oh Canada!
Greenhouse Effect Could Push Corn to $3.50
This year's growing conditions have been referred to as a "greenhouse," and while problem areas exist, chances are prices are headed lower as producers start to bring in a new record-large corn crop.
"If the weather forecast for the next two weeks is correct, we are looking at a record crop," says Dan Basse, president of AgResource in Chicago. "There have been years in which the average yield was 14 to 15% above trend, so we could see an average yield as high as 180 bu. per acre." Basse expects corn prices to drop below $4 per bu., and says a low of $3.50 is not out of the question.