Livestock and Other Ag News
The U.S. livestock industry saw record profits in 2014 and is expecting another stellar year in 2015, but Mike Boehlje of Purdue's Center for Food and Agriculture Business warns livestock farmers to not get too comfortable. Read below for his explanation and more of this week's Super Six stories:
- Livestock farmers giddy over last year's profits and looking for more good news in 2015 should not get complacent. All they have to do is look at grain farmers for a cautionary tale, according to a Purdue University expert quoted in Brownfield Ag News of America. Don't lose sight of business fundamentals like getting optimum performance from your equipment. As an example, here's some good advice on how take care of your farm tires during the winter.
- In a related story, agriculture.com quotes experts in grain commodity pricing saying that now may be a good time to make a move while prices are enjoying a boost.
- In other ag news, the USDA takes a look at the one-year anniversary of the Farm Bill in this blog post.
- For all of us who supply products to the Canadian mining industry, it is worthy to note that the Mining Association of Canada is predicting a challenging year ahead despite a positive long-term outlook for Canadian metals and minerals.
- Shifting our focus to forestry, the key industry for our Primex brand, some foresters are suggesting a radical approach to dealing with vanishing species in Minnesota's iconic northern forests.
- According to buildingspecifier.com, Twitter is just too large and ubiquitous for construction companies to ignore as a tool for promoting their businesses and prospecting potential customers.
Speaking of the importance of paying attention to business fundamentals and utilizing the latest technologies, if you are a farmer or supply the ag industry, you should read our comprehensive white paper on soil compaction.
