Coalition urges Japan’s inclusion in trade agreement talk

A coalition of food and agricultural organizations Monday urged the Obama administration to work with Japan to smooth the way for that country’s participation in the Trans-Pacific Partnership (TPP), a multilateral trade agreement. Read more…

Texas comptroller’s office schedules webinars on the new ag and timber exemption requirements

Beginning Jan. 1, 2012, a new law requires that a person must have a state ag/timber tax exemption number or pay the sales tax on purchases of certain types of items used in the production of agriculture and timber products. To assist producers and retailers, the comptroller’s office is offering webinars that will provide an overview of the new ag and timber exemption registration requirements. The webinars are free but participants must register in advance and space is limited. Read more…

Todd Staples says cuts force ag department to adapt

Texas’ agriculture department has seen a 40 percent reduction in general revenue because of recent state budget cuts, including the elimination of more than 120 positions, the agency’s chief said Monday in Bryan. “We can’t just ask taxpayers to pay more. We have to live within our means,” Agriculture Commissioner Todd Staples said. “We’ve re-engineered our whole agency.” Read more…

National Beef Packing Company, LLC owners reach agreement to sell an ownership interest

U.S. Premium Beef, LLC (USPB) and National Beef Packing Company, LLC (National Beef) announced Monday that the owners of National Beef have entered into a Membership Interest Purchase Agreement with Leucadia National Corporation under which Leucadia will acquire approximately 79 percent of the outstanding ownership interests in National Beef. The operations and management structure of National Beef will remain unchanged. Read more…

5 Steps for stronger bones

Find out how exercise – if done correctly – can strengthen bones and improve bone density, with this link provided by TSCRA Insurance Services Inc. Read more…

TDA Market Recap, Dec. 5, 2011

For the week ending Dec. 3, feeder cattle prices at select Texas auctions were steady to $10 higher per hundredweight with the most advance on lighter-weight calves. Texas direct feeder cattle sales were mostly steady while Oklahoma City was steady to $12 higher. Competition for a shrinking supply of available cattle continues to support the market. Fed cattle prices were unchanged in spite of a decline in wholesale beef values. Read more…