Loose Ends
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The Texas Cattle Feeders Association reports that the
Chicago Mercantile Exchange plans to file for regulatory
approval to trade stocker cattle futures and options. The
proposed contracts specify 25,000 pounds of 500 to 599
pound medium frame No. 1 feeder steers, and medium and
large frame No. 1 feeder steers. Stocker cattle futures
and options will be cash settled to the CME Stocker
Cattle index, a seven-day weighted average of USDA
prices.
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The Independent Cattlemens Association of Texas
elected new leaders during the organizations recent
annual convention. ICA officers for 1998-99 are: John
Brown, Luling, president; Chuck Kiker, Beaumont, first
vice president; W.T. "Tommy" Guerra, Roma,
second vice president; Peanut Gilfillian, Stowell, state
secretary; Joe Conti, Victoria, state treasurer.
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Despite a pessimistic Japanese economy and yen-dollar
exchange rate, U.S. beef sales to Japan are up 35 percent
from January through May. Imports of U.S. red meat
products are proving impervious to Japans
recession, and with a 53 percent share of the Japanese
beef import market(compared with 47 percent for
Australia) the U.S. is now Japans No. 1 beef
supplier. That said, Phil Seng, president and CEO of the
U.S. Meat Export Federation, told the Texas Cattle
Feeders Association that the future for U.S. beef in
Japan rests on taste, safety and trust.
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New Mexico State University researchers have compiled
a field guide to common locoweeds. Poisonous locoweed
species are among the most toxic plants to livestock,
causing millions of dollars in losses every year in the
West. Locoweed tempts livestock as one of the first green
plants on the range in the spring and one of the last to
fade in late fall or winter.
The field guide has photos, drawings, descriptions,
maps and even a computer program to help users identify
nontoxic and toxic locoweeds and prevent livestock
poisoning. A Guide to the Common Locoweeds and
Milkvetches of New Mexico is available for $15 by
calling the New Mexico State University bulletin office
at (505)646-3228.
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The Texas Cattle Feeders newsletter reports that the
Canadian government has adopted new rules, effective Oct.
1, to streamline import and inspection requirements for
U.S. feeder cattle shipments to Canada. The Northwest
Pilot Project was implemented last October, but Canadian
requirements made it unworkable. Montana and Washington
are the only states currently participating in the
program that allows U.S. cattlemen to ship calves to
Canadian feedyards.
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A second West Texas Grounds Maintenance Conference and
Trade Show has been set for September 10th at the Angelo
State University Ballroom in San Angelo. Registration
begins at 7:30 a.m. with the program starting at 8 a.m.
Topics to be discussed include turfgrass nutrition
management, healthy turf with water management,
landscaping with perennials, fire ant management, tree
and pest stress management, and weed control.
Registration by September 8 is $15 per person and $30
at the door. More information is available from Tom Green
County Extension horticulturalist John Begnaud at
(915)659-6528.
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Texas Cattle Feeders Newsletter reports that Tyson
Foods Inc., has received the go-ahead to render 11.5
million pounds of ground beef into animal feed. The beef
has been in storage since last years Hudson Foods
recall. Tyson Foods acquired Hudson after the company
went out of business because of the food safety scare.
About 90 percent of the beef is individually wrapped
four-ounce patties, which will be unwrapped by hand while
USDA inspectors watch. The meat will be rendered and the
protein extracted.
*****
The Texas Agricultural Extension Service offices in
Sterling, Coke and Irion counties are hosting a
"Basic Home Landscaping School" September 14-15
in the Sterling City Community Center. Registration
begins at 6:30 p.m. and the school runs from 7 to 9 p.m.
both nights.
Enrollment is $15 per person or couple. The fee covers
educational materials including textbooks, handouts and
supplies. The pre-enrollment deadline is August 28 due to
limited space.
Further information is available from the local county
Extension office in either of the three counties.
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