What a difference a year makes in the price of ethanol, corn and cattle! This will be the central theme for a Beef Feedlot Meeting to be held in Sioux Center Wednesday, Jan. 17. The meeting will be from 9:15 a.m. to 2:45 p.m. in the Corporate Centre.
Keynote speaker for the day will be Mike Murphy, market analyst for Cattle Fax. Murphy will discuss the market situation and outlook for cattle, including feeder and fed cattle. This fall's increase in corn price has pressured cattle prices. See what Murphy predicts for 2007 and beyond.
The morning will kick off with Ron Hook, ISU Extension farm management field specialist, explaining how renewable fuels impact the supply and demand for corn. As the demand for corn increases, corn production is expected to increase. Steve Barnhart, Crop Specialist for Agriliance, will discuss factors to consider in corn-on-corn production.
Dan Loy, ISU Extension beef feedlot specialist, and Allen Trenkle, ISU professor of Animal Science, will visit about the characteristics and economics of corn co-product feeds for cattle. Rounding out the morning is Chad Gent, loan officer with Farm Credit Services of America, discussing investment opportunities with ethanol plants.
The afternoon program features Beth Doran, ISU Extension beef field specialist, on the impact of instrument grading for cattle and Murphy's presentation, which is sponsored by Farm Credit Services of America.
The Beef Feedlot Meeting is organized by ISU Extension, the Iowa Cattlemen's Association and the Lyon and Sioux County Cattlemen's Associations. Sponsors include Bayer, Boehringer-Ingelhiem Vetmedica, Elanco, Fort Dodge, Intervet, Pfizer, Schering-Plough and Vet Life Animal Health.
Registration ($20 per person) is due Jan. 12 at the Sioux County Extension Office. For a brochure or information, call Beth Doran at 712-737-4230.