SG-USA-April2018

2018 NATIONAL JUNIOR SANTA GERTRUDIS SHOW

Gert Times Across State Lines Friends, Family, Fun June 23-30, 2018 Texarkana, Arkansas

Planning is underway for the 2018 National Junior Santa Gertrudis Show (NJSGS), June 23-30 in Texarkana, Ark. Complete entry forms will be available on the SGBI website ( www.santagertrudis.com ) as of April 1. Entries may be submitted beginning April 15 through May 15; late entries may be submitted May 16 through June 1. No entries will be accepted after June 1. The annual NJSGS is the highlight event for SGBI junior association families. More than 1,000 junior members, their families and sponsors attend the NJSGS each year where youth showmen exhibit more than 500 head of cattle. In addition to the cattle show, junior members compete for scholarships and strive for awards in a variety of youth development activities conducted during the week-long event. Several sponsorship opportunities are available that will allow you and your company to reach Santa Gertrudis junior members and their families. As an NJSGS sponsor, you will have the ability to have a presence at the show, where the focus is youth development and livestock production. If your organization is interested in becoming a part of this vibrant youth activity, securing a sponsorship or agreement, or learning more about opportunities with the 2018 NJSGS, contact Suzanne Fulton at (940) 382-3611 or esterry@hotmail.com.

Sponsorship Levels Friends: Up to $500 Bronze: $501-$1,500 Silver: $1,501-$2,500 Golden: $2,501-$5,000 Platinum: $5,001-$9,999 Diamond: $10,000+

Host Hotel HOLIDAY INN CONVENTION CENTER 5200 Convention Plaza Dr. • Texarkana, Ark. 71854 (870) 216-2000

Hotel Room Reference Code: SCC

CATTLEFAX CONTINUED FROM PAGE 12

the upper $120s to $160/cwt. Mean- while, average 550-pound steer calves will see a trading range from $170/cwt., at the spring high to an average price in the upper $130s, during the fall market- ing season. For 2018, calf prices are expected to average $158/cwt. CattleFax projects that bred-cow values will be down just a little bit this year. While they are still optimistic about prices through the year, these will be challenged a bit by the weather outlook. Weather-related feed short- ages may influence bred cow values, particularly on a regional basis. 2018 and Beyond CattleFax CEO Randy Blach wrapped up the session with a longer-range perspective. “Looking further down the road and the cycle that we are in, we know that cow numbers are going to peak soon and we are seeing the slow down. Therefore, we will see growing harvest numbers from now through the end of the decade,” Blach said. “In fact, 2018 will be the largest level of beef production in the history of our industry.”

The overall production levels will be higher, giving record supplies over the next decade. When compared to pork and poultry production, the nation’s total meat production will top out at more than 102 billion pounds in 2018. While the global marketplace wants more of the high-quality product that the United States produces, without access to those markets, moving that record supply will be a challenge. Simply put, the United States must see export markets grow because there is more to consume. According to Blach, increased exports will be necessary to prevent the record supplies from over- whelming the market. It’s been an interesting few years in the cattle cycle and while the highs in 2014 were amazing, the market has corrected considerably. Blach sees continued correction but believes that the markets have settled into a com- fortable range and that the bottom may be a fairly soft landing for the cow-calf sector, reflective of a global demand complex. For more information, visit cattlefax.com.

Prices Steady grain prices this year will help keep input costs manageable. Accord- ing to CattleFax, yields will drive corn prices in the 2018-19 marketing year with no significant changes anticipated in acreage or demand. Corn futures prices are projected to range from $3.25 to $3.95 per bushel as supplies remain adequate. With more livestock to feed in 2018 and the smallest acre- age on record in 2017, CattleFax pre- dicts hay prices will increase $10-$15 per ton with additional weather-related price risks. CattleFax analysts predicted fed cattle prices will be lower than last year, averaging $115 per hundred- weight (cwt.). Fed cattle prices are likely to face resistance near $130, with downside risk in the upper $90 range. Good predicted bargaining position will continue to favor cattle processors and retailers, with profit margins at or above 2017 levels. CattleFax projected 750-pound steers will average $1 lower than 2017 levels at $145/cwt., with a range from

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