January 2024 Tennessee Cattle Business Magazine

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Your Dollar Does Valerie Bass, TBIC Executive Director

The Tennessee Beef Checkoff + Beef Promotion Program Every time a bovine animal is sold ‘private treaty’ (directly marketing beef products to consumers*, farmer to farmer, special sale, etc.,) $1.50-per head is due ($1.00 Beef Checkoff / $0.50 State Promotion)

Seller: __________________________________ Address: ________________________________ City, State, Zip: ___________________________

How are Dollars being used?

• • • •

Private Treaty Sales Investment Form

Date: ___________________________________

Did you know?

•

Tennessee Beef Checkoff & Beef Promotion Program

Advertising and promotion of beef Food safety, health and nutrition outreach Educating consumers about beef’s role in a healthy diet Refuting issues that could negatively impact the industry

Seller’s Signature: _________________________ National Total # Sold: ____ x $1 per head = $_______ State Total # Sold: ____ x $0.50 per head = $_______

Who pays?

•

Total amount remitted $_________

In most instances the seller pays the Checkoff, however both parties are responsible to ensure the remittance ($1.50 / head) is submitted. Failure to do so, is a violation of federal and state law and may be subject to late fees & penalties. This form is designed for the seller to use in all private treaty sales. *

Buyer: __________________________________ Address: ________________________________

Direct Marketing transactions only are exempt from State $0.50

City, State, Zip: ___________________________

Complete a Private Treaty Sales Investment Form and send it with your check to the Tennessee Beef Council, 530-A Brandies Circle, Murfreesboro, TN, 37128. For more forms call (615) 8965811 or visit TNBeef.org

Buyer’s Signature: ________________________

How do you pay?

•

Date of Sale: __________ State of Origin: ______

Person remitting assessment: Tennessee Beef Industry Council 530-A Brandies Circle, Murfreesboro TN 37128

www.tnbeef.org

@tnbeefcouncil

@tnbeefcouncil

@tnbeef

@tnbeef

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Yon Family Farms FAMILY • COMMITMENT • VALUE

Selling

200 Angus Bulls & 100 Females

SATURDAY

February 17, 2024 11:00 a.m.

Select offering of SimAngus & Ultrablack cattle

Kevin, Lydia, Sally, Drake & Corbin (803) 685-5048 Ridge Spring, South Carolina The sale will be broadcast live on

w w w.yonfamilyfarms.com

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STANDS OUT IN ITS FIELD

It’s easy to see why Ritchie Waterers stand out from the competition. And it’s not just because they’re red and yellow.

Find out how at ritchiestandsout.com Visit Ritchie at NCBA in Booth #2039

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140+

Head Sell!

SPRING

BULL & FEMALE SALE FEB. 24, 2024 at 1 P.M. ON T H E FA R M • WOODV I L L E , M S Lunch served at Noon

All bulls and heifers are:

• Home Bred • Home Raised • Home Grown Backed by years of proven genetics Broadcast live/online bidding at cattleinmotion.com

Ron, Shaunna, Rylie and Stran Melancon

1417 U.S. Hwy. 61 South / Woodville, MS 39669 Ron 601-597-5995 Rylie 601-597-5000 mgfarms@bellsouth.net facebook.com/mgfarms

www.mg4mfarms.com

40 Bulls

Hereford & Angus

60 Braford & Black F1’s exposed to Angus bulls

40 Black Baldy pairs

exposed to Brangus bulls

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JM Cattle Company FEBRUARY 3, 2024 Noon (CST) at JM Cattle Co. Blazer Farms Lawrenceburg, TN

&

SELLING BLACK HEREFORD & HEREFORD BULLS, ALONG WITH EXPOSED FALL HEIFERS, FALL PAIRS & SPRING BRED COWS.

K044

70.50%

DOB: 8/22/22

Reg# HB025927

Homo Blk

K022

Hereford

DOB: 8/13/22

Reg# 44401731

Homo Polled

K145

Hereford

DOB: 11/5/22

Reg# 44442947

Homo Polled

Sire: C Miles Ahead Dam: VH 7236 Miss Advantage

Sire: 77 Potency 8F 63G Dam: NJW 1A 173D RITA 157F

Sire: BR Belle Air E126 ET Dam: RCC Big City 6450

CED: 7.2 BW: 0.4 WW: 58 YW: 59 Milk: 22 TM: 41

CED: 9.8 BW: 2.5 WW: 74 YW: 119 Milk: 36 CW: 91 REA: 0.93 MARB: 0.12

CED: 9.6 BW: 0.6 WW: 62 YW: 97 Milk: 39 CW: 81 REA: 0.55 MARB: 0.19

Locke St. John 615.427.8979

118 Powdermill Hill Lane Lawrenceburg, TN Jeremiah Malone 931.309.6805

Franklin, TN mike@blzfarms.com Mike McFarlin 615.293.4044

Bobby Singleton 615.708.1034

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Farms & Businesses

to consider for your needs

Registered Polled Herefords

PO Box 215 Cross Plains, TN 37049 Phone: 615-478-4483 billymjackson@aol.com Homozygous Black and Homozygous Polled Bulls & Heifers for Sale

(615) 374-7990

Kathryn Ingram 423-337-1383 PO Box 215 Cross Plains, TN 37049 Phone: 615-478-4483

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865-617-2635

UTIA Summarizes a Trying Year for Agriculture in Yearly Report to Governor Global Market Forces Trigger Downward Pressure on Commodity Prices From increased agricultural commodity competition to the resumption of wheat and corn exports from Russia and Ukraine, global market forces delivered a hit to Tennessee’s agricultural sector in 2023. Researchers and Extension specialists from the University of Tennessee Institute of Agriculture provide an analysis of these challenges and their impact in the newly released economic report to the governor.

The livestock industry saw U.S. beef exports from January through August 2023 decrease 12.3% compared to 2022. Total beef export value over the first eight months of 2023 totaled $6.69 billion, a decrease of 18.8% compared to 2022. Pork exports during the first eight months of 2023 were 10.6% higher than 2022 with export values totaling $5.32 billion, an increase of 8.3% compared to 2022.

“Cattle prices are expected to plateau in 2024 but remain strong relative to recent years,” said livestock specialist Andrew Griffith, also in the UTIA Department of Agricultural and Resource Economics. “Red meat demand should support beef and pork prices, as demand has remained strong and total production will moderate.”

Total 2023 U.S. agricultural and related exports were down 9% when compared to 2022 due to lower volumes and lower prices, decreasing the value of U.S. exports. The factors affecting exports at the national level also affected Tennessee. Although the state’s agricultural and related exports were $3 billion, up $337 million or 13% when compared to the previous fiscal year, Tennessee experienced decreases in all major categories, except for consumeroriented agriculture, which was up $437 million or 34%. The overall increase in exports this fiscal year was due to exports of distilled spirits.

This year’s report also delineates the alarming loss of agricultural land in Tennessee. From 1997-2017, 1.1 million acres of farmland was converted to other uses, mainly residential.

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AD INDEX AND CARTOON Am. Angus Amonett Anderson BIF Clinch Mtn Five Oaks Flat Creek Gibson Gilreath Hagler II Hunts Jackson JM Ligon McBride MG 4M Mid South Ag Mid Tn Hereford

10 13 25 25 25 25 25 25 25 25 23 22 25 7 4 4 25 15

Ragland Ritchie Sherlock TBIC TN Farmers Wagyu Welcome Grove White Hawk WW Cattle Yon

6 16 12 28 15 5 25 7 20 16

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