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Angus Journal

The Angus Journal Daily, formerly the Angus e-List, is a compilation of Angus industry news; information about hot topics in the beef industry; and updates about upcoming shows, sales and events. Click here to subscribe.

News Update

September 9, 2016

Tax Tip: Ranch Trucking

Ranchers who have to ship cattle sometimes put the trucking side of their business in a Limited Liability Corporation (LLC). That’s a good idea from a tax perspective, but Paul Neiffer with Farm Finance Firm Clifton Larson Allen suggests ranchers ensure they protect their operations by careful adherence to documentation requirements.

“Just because you’ve put the truck into the LLC, you need to run it like a business. You need to have a checking account, you need to probably have some annual meetings, documentation,” says Neiffer.

He also suggests that the employee driving the truck may no long be a ranch employee, but rather an employee of the LLC.

“There’s just a lot of that extra documentation that the rancher needs to make sure they do,” he advises.

Watch more in this week’s The Angus Report online. You can also catch the show at 1:30 p.m. CST Saturday or 7:30 a.m. CST each Monday morning on RFD-TV.

Industry Groups: Review Clean Water Rule Appeal Venue

Organizations seeking to vacate the Environmental Protection Agency’s (EPA’s) and U.S. Army Corps of Engineers’ (Corps’) expansive “waters of the U.S.” (WOTUS) rule are asking the U.S. Supreme Court to review whether the 6th Circuit Court is the appropriate court to hear challenges to the rule. The 6th Circuit earlier dismissed arguments that legal challenges to the rule should be brought first in federal district court and not courts of appeal.

“This petition to the Supreme Court is not related to the merits of our case, and we are confident that eventually the 6th Circuit and the Supreme Court will agree that the rule is unlawful,” said Ellen Steen, general counsel of the American Farm Bureau Federation (AFBF).

“The petition was filed because the jurisdiction question is one that repeatedly arises in challenges to Clean Water Act actions. The time is ripe for the Supreme Court to resolve confusion among lower courts as to where jurisdiction lies, so that the American Farm Bureau Federation and others can stop wasting time and resources arguing with the federal government over where to file these important legal challenges.”

For more information, view the Farm Bureau news release online.

Reminder: Future Angus Stockmen Scholarships

Aimed at fostering the next generation of commercial cattle producers, the Future Angus Stockmen program, established by the American Angus Association, offers opportunities for young cattlemen and women to gain the knowledge and tools they need to be successful.

Now in its second year, Future Angus Stockmen is proud to partner with Allfex USA to award a $1,000 scholarship to a college student involved in the commercial Angus business. Applicants must be enrolled in the Future Angus Stockmen program, and applications are available online and must be returned by Friday, Sept. 16.

“We are looking forward to recognizing another outstanding student this year through the Future Angus Stockmen scholarship,” says Ginette Gottswiller, Association director of commercial programs. “Thanks to Allflex for supporting us in this mission to encourage young cattle producers and build their future in the beef business.”

Read more in the Angus news release online.

VFD and BQA Meeting Planned in SE Kansas

Beginning Jan. 1, 2017, livestock producers are required to obtain a Veterinary Feed Directive (VFD) from their veterinarian to feed antibiotics deemed as medically important to their livestock. Aureomycin, an antibiotic widely used for the prevention of anaplasmosis in cattle, is an example of one of the many antibiotics that will require a feed directive under these adopted guidelines.

To help producers sort through what it will take to comply with the new VFD, Kansas State University (K-State) Research and Extension will host a VFD and Beef Quality Assurance meeting Monday, Sept. 26, beginning at 6:30 p.m. The meeting will be hosted at the Oswego Community Center located at 203 North Street in Oswego.

Gregg Hanzlicek, director of K-State Veterinary Medicine Production Animal Field Investigations, will explain how the implementation of VFD will work and the steps beef producers must take to follow the guidelines. In addition, A.J. Tarpoff, K-State Extension veterinarian will lead a discussion on beef cattle care that will enable participants to become certified under Beef Quality Assurance Guidelines.

For more information, visit the Angus Journal Virtual Library calendar of upcoming events.

K-State Beef Stocker Field Day scheduled for Sept. 22

The beef cattle outlook, parasite and fly control options, as well as technology applications for beef cattle operations are among topics planned for the 2016 K-State Beef Stocker Field Day on Thursday, Sept. 22.

The day is designed to provide the latest practical information for producers to aid decision making in the current dynamic beef industry environment.

The event starts with registration and coffee at 9:30 a.m. and the program at 10:15 a.m. A barbecue lunch is provided and the day ends with an evening social, the “Cutting Bull’s Lament 2016” at 5:30 p.m.

For more information, visit the Angus Journal Virtual Library calendar of upcoming events.



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