CALF_News_June_July_2021

27 CALF News • June | July 2021 • www.calfnews.net plan follows fed cattle marketing data gathered by Stephen Koontz, a Colorado State University agricultural economist. Texas, Oklahoma and New Mexico feedyards market most fed cattle through formulas or grids that identify quality grades and potential premiums over the cash market. That region sees less than 10 percent of fed cattle sold in negoti- ated cash trade. A lower percentage of cash trade is also seen Kansas, compared to Nebraska, Iowa, Colorado, Minnesota and other northern markets. The 75% Plan evaluates the percent- age of cash trade for each of four feeding regions: Texas-Oklahoma-New Mexico, Kansas, Nebraska-Colorado and Iowa- Minnesota. Evaluations are based upon data collected by USDA’s Livestock Mandatory Price Reporting. According to Koontz’s data (see chart at left), typical feeding area cash sales are considered robust sale numbers. For Texas, Oklahoma and New Mexico yards, the robust number is 13,000 fed cattle sold per week through negotiated cash trade. The robust number is 21,000 for Kansas, 36,000 for Nebraska and Colo- rado and 16,000 for Iowa and Minnesota. The voluntary plan requires that at least 75 percent of the robust numbers be sold by negotiated trade. Each region must quarterly attain 75 percent of the Koontz robust negotiated trade number at least 75 percent of the reporting weeks in that quarter. An NCBA subgroup oversees the 75% Plan. It includes NCBA President Jerry Bohn and subgroup chair, Kevin Buse of Texas Cattle Feeders Association, Shelby Horn of Texas and Southwestern Cattle Raisers Association, Brad Kooima of Iowa Cattlemen’s Association, Jordan Levi of Colorado Livestock Association andTroy Sander of Kansas Livestock Association. Quarterly, the subgroup evaluates regional sales to assure they meet a series of minor and major triggers. There are eight minor triggers: the four regional negotiated trade obligations, and four regional packer participation obliga- tions. Each of the four major packers’ participation in negotiated trade is monitored by the subgroup within each of the regions where they buy most of their cattle. Each major packer will be responsible to participate at adequate levels under this framework. Also, a packer must fulfill its packer participation obligations weekly, no less than 75 percent of the reporting weeks. To avoid tripping a minor trigger, each feeding region must: weekly trade 75 per- cent or more of its robust price discovery threshold via negotiated means in no less than 75 percent of the reporting weeks. In any given quarter, the tripping of three or more minor triggers equals a major trigger. If a major trigger is tripped during any two out of four rolling quar- ters, the subgroup is to then recommend NCBA pursue legislative or regulatory measures to compel adequate negotiated trade for robust price discovery. Major Trigger Tripped “After evaluating the weekly USDA- AMS (Agricultural Marketing Service) No Grass. No Vitamin E or Vitamin A. “Calves born to cows during winter, early-spring and drought conditions are more likely to be Vitamin A and Vitamin E deficient and may experience ‘weak-calf syndrome.’ ” - Dr. Rob Stuart, founder of Stuart Products, Inc. VITAL E -Newborn ® You have tried VITAL E A+D, now try our new formulation designed for newborn calves, VITAL E-Newborn. Compared to VITAL E-A+D, it provides 66% more Vitamin E, 500% more Vitamin D, and the most “bioavailable form” of Vitamin A. See dramatic improvement in Vitamin A and E status when injected with 5 mL of VITAL E-Newborn at birth. 800-747-4538 · Beef.StuartProducts.com Research-based Solutions . . . for Animal Nutrition Needs TEXAS FEED FAT CO., INC. P.O. Box 1790 • Durant, Oklahoma 74702 Ted Kirkpatrick, Owner We specialize in Quality Feed Fat and Quality Service. Leaders in the feed fat industry since 1974! With 2 locations to serve you. Call Us Today! TEXAS FEED FAT CO., INC. Durant, Oklahoma Kirk Sehi (580) 924-1890 Hereford, Texas (806) 363-6490 Continued on page 28 