I attended the 61st Annual South Dakota Cattlemen’s Association’s Convention and Trade Show this week in Sioux Falls, S.D. where we discussed beef industry hot topics such as estate planning, lawsuit protection, money saving ideas and the economy. In a speech given during the Pfizer sponsored Cattlemen’s College, Dr. John Lawrence of the IA Beef Center presented, “Economic Outlook & Feeding in the Midwest,” where he introduced a few valuable tools for producers to check out in tackling the current economy and the industry’s incredibly volatile prices.
The first tool Dr. Lawrence offered to producers was the new ISU Extension Margin Maker, where “Cattle Crush Margins” are updated each Wednesday for cow/calf operators and feeders to reference. The goal of this tool is stated as, “a risk management education project for livestock producers. Margin maker programs and materials center on the concept of managing the risk of declining revenues and increasing costs.”
The second resource for producers to reference is Beef Basis, a free website offering cattle basis risk analysis tools with the information needed to improve marketing decisions influenced by cattle basis risk. According to the site, “The BeefBasis website was developed by Custom Ag Solutions, Inc. (CAS) and Kansas State University (K-State) in partnership with the USDA’s Risk Management Agency (RMA). BeefBasis gives you relevant information and analytics you need to evaluate marketing decisions and manage your price risk.”
These look like valuable tools for anyone in the business, and I encourage you to share these with your friends in the industry. Check them out, and let me know what you think!

After our morning meetings at the Morocco Ministry of Agriculture the U.S. Grains Council team got a little time off to “shop.” We wandered through an area of shops and I did make a few purchases that included a couple of quality Fez’s for friends of mine.
The Regional Agricultural Attache for the United States in Morocco is Hassan Ahmed. I first met Hassan when he was posted to Cairo and I was traveling on a USDA FAS trip that included stops in Cairo and Alexandria. I haven’t seen him since then until today but we still remember the “camel story” among others. Some of you have heard it. If you’re really interested I’ll share it with you some time.
The Moroccan government’s
This fine looking group of students from the University of Illinois are the ones responsible for most of the content on the
John Baize, Baize & Associates is a regular columnist for the
The Ammar Beef Feedlot is owned by Ammar Abd El Fettah, picture on the right. He’s standing next to local U.S. Grains Council Consultant Mustapha El Youssoufi. The feedlot was our first stop on our Corn Mission tour of Morocco this morning. Ammar has been in the beef business through his family which goes back generations.
The Director for the Mediterranean and Africa for the U.S. Grains Council is Kurt Shultz. He’s been our main guide and font of information so far.