Houston Livestock Show And Rodeo™ Announces 2020 RodeoHouston® Entertainment Lineup

The Houston Livestock Show and Rodeo announced the three Friday entertainers who are scheduled to perform on March 6, March 13 and March 20 of the 2020 Rodeo. Chance the Rapper, Lizzo and Marshmello will make their debuts on the RODEOHOUSTON® rotating star stage during the upcoming Houston Livestock Show and Rodeo, scheduled for March 3 – 22.
“After deciding to have even more fun with the 2020 RODEOHOUSTON lineup announcement, we are thrilled to reveal Chance the Rapper, Lizzo and Marshmello as the three Friday performers,” said Joel Cowley, Rodeo president and CEO. “Unveiling these artists at three Houston-area high schools was not only a first for the Rodeo, but a fitting tribute to our commitment to youth and education. Thanks to the students and faculty at Elsik, Sharpstown and Yates High Schools for helping to bring these exciting announcements to life.”
Tickets for these three performances are on sale via rodeohouston.com.
The following entertainers will perform on the RODEOHOUSTON stage in NRG Stadium, March 3 – 22.
Tuesday, March 3 – Midland
Wednesday, March 4 – Armed Forces Appreciation Day, presented by BHP – Willie Nelson
Thursday, March 5 – Becky G
Friday, March 6 – Chance the Rapper
Saturday, March 7 – Maren Morris
Sunday, March 8 – Go Tejano Day, presented by Fiesta – Ramon Ayala
Monday, March 9 - First Responders Day, presented by BP – Chris Young
Tuesday, March 10 – NCT 127
Wednesday, March 11 – Kane Brown
Thursday, March 12 – Cody Johnson
Friday, March 13 – Black Heritage Day, presented by Kroger – Lizzo
Saturday, March 14 – Jon Pardi
Sunday, March 15 – RODEOHOUSTON Super Shootout®, presented by Crown Royal – Dierks Bentley
Monday, March 16 – Keith Urban
Tuesday, March 17 – Gwen Stefani
Wednesday, March 18 – Khalid
Thursday, March 19 – Chris Stapleton
Friday, March 20 – Marshmello
Saturday, March 21 – Brad Paisley
Sunday, March 22 – RODEOHOUSTON Super Series® Championship – Luke Bryan
Tickets for the three Friday performances are on sale at rodeohouston.com. Tickets for the 17 performances previously announced are also available for purchase via rodeohouston.com.
Ticket prices start at $20, plus a $4 convenience fee. Individual Rodeo tickets can be purchased:
• online at rodeohouston.com;
• via the RODEOHOUSTON or AXS mobile app, available for Android and Apple devices
• in person at the NRG Park Box Office, with no service charge
• by phone at 855.239.7207.
All tickets will be delivered electronically via Flash Mobile Delivery; please allow 48 hours for delivery. To access your purchased tickets, download the RODEOHOUSTON or AXS mobile app and login with the email used to purchase tickets.
The Houston Livestock Show and Rodeo promotes agriculture by hosting an annual, family-friendly experience that educates and entertains the public, supports Texas youth, showcases Western heritage and provides year-round educational support within the community. Since its beginning in 1932, the Rodeo has committed more than $500 million to the youth of Texas. For more information, visit rodeohouston.com and connect with RODEOHOUSTON online via Facebook, Twitter, Instagram and YouTube for all the latest news. The 2020 Rodeo is scheduled for March 3 – 22.

Dairy Farmers Of America To Buy Dean Foods

(Dow Jones) – The biggest U.S. dairy farming cooperative struck a $425 million deal to buy dozens of plants from bankrupt milk processor Dean Foods Co., in a deal executives said would preserve jobs and markets for farmers’ milk.
The deal, which was proposed by Dairy Farmers of America, would see the Kansas City, Kan., agricultural cooperative take over the bulk of Dean’s plants, following the top U.S. milk company’s bankruptcy filing in November.
The deal requires approval of the bankruptcy court and the U.S. Department of Justice.
Dean’s bankruptcy followed a yearslong decline in sales of fluid milk, the Dallas company’s main business. Bottled water, fruit juices and plant-based milk alternatives have crowded out milk cartons in grocery store beverage cases, pressuring the milk business. Dean also struggled as grocery sellers like Walmart Inc. and Kroger Co. opened their own milk-bottling plants, expanding sales of store-brand milk that is often priced far below branded milk from processors like Dean.
Pressures are mounting on the U.S. milk sector beyond Dean. Borden Dairy Co., another Texas dairy company, filed for bankruptcy in January, also blaming falling milk consumption and retailers’ investment in bargain-priced milk. Battling low prices, thousands of dairy farmers have closed their milking parlors in recent years, according to the U.S. Department of Agriculture.
Dean is a huge presence in the U.S. dairy sector, operating 57 plants in about 30 states, and both farmers and supermarket operators have fretted over the prospect of the company’s collapse. The company’s role as a major milk buyer, purchasing about 10% of U.S. farmers’ production, prompted the dairy farmers cooperative last October to begin discussing a deal to acquire plants and other assets from Dean.
In addition to the dairy farmers’ offer, Dean evaluated nearly 100 other potential buyers after seeking bankruptcy protection and provided details about its business to 38 of those, according to bankruptcy-court documents filed Feb. 17.
The dairy cooperative’s bid will serve as the floor for the sale of those Dean assets, according to a company filing ahead of an April 13 deadline for bids for Dean’s business and a potential auction April 20. “We have had a relationship with DFA over the past 20 years, and we are confident in their ability to succeed in the current market and serve our customers with the same commitment to quality and service they have come to expect,” said Eric Beringause, Dean’s chief executive.
“As Dean is the largest dairy processor in the country and a significant customer of DFA, it is important to ensure continued secure markets for our members’ milk and minimal disruption to the U.S. dairy industry,” Rick Smith, the cooperative’s CEO, said.
Dairy Farmers of America, the largest U.S. dairy-farming cooperative by membership, markets nearly one-third of milk in the U.S. and operates its own milk-processing plants and dairy facilities.
Some dairy farmers, wary of a potential conflict of interest between the cooperative’s role as a marketer of farmers’ milk and its own processing operations, have voiced worries about its expanding further by acquiring much of Dean. The Justice Department has been probing the deal’s potential impact on farmers and regional milk markets.
In addition to plants from Dean, the dairy farmers’ proposal would include Dean’s Mexican subsidiaries and its ownership interest in a distribution venture with organic dairy cooperative Organic Valley. As part of the agreement, Dean committed to pay the cooperative a $15 million breakup fee if Dean ends up accepting a rival proposal.

Texas Crowds At Cattle Convention Get Good News For 2020

By Victoria G. Myers
Progressive Farmer Senior Editor

San Antonio, Texas (DTN) – The cold weather here during the National Cattlemen’s Beef Association convention wasn’t enough to put a chill on the 2020 outlook for the beef market.
Crowds packed the annual CattleFax outlook session Feb. 6, where analysts for the organization brought mostly positive market news for all segments of the industry.
Longtime analyst Kevin Good, now vice president of industry relations for CattleFax, presented a supply-and-demand outlook that featured a move to a demand-driven beef market and positive export projections. Both will support upturns in price and increased market share.
Beef cow inventory was projected down for 2020, by 375,000 head, and flat for 2021; steer/heifer slaughter was projected up by 250,000 head this year. Exports were anticipated to climb by 5% this year, and imports of beef to the U.S. were projected to drop 5%. The value exports will contribute to beef on a per head basis in 2020 was at the $349 mark, compared to $337 in 2019.
U.S. per capita consumption of all protein was projected up, with beef reaching 58.4 pounds in 2020. All protein producers are expecting, and responding to, rising demand for product with a total increase in production of beef, pork and poultry combined at 2.8% (beef alone was 2.1%). Beef is expected to continue to get a bigger piece of consumer spending, however, at 48%, while pork is at 22% and poultry at 9%.
Price projections for the remainder of 2020, on a hundredweight basis, were $120 for fed cattle (average on a $106-to-$130 range); $150 for a 750-pound steer (average on a $140-to-$160 range); $170 for a 550-pound steer calf (average on a $155-to-$180 range); and $65 on a utility cow (average on a $55-to-$72 range). Bred females were expected to average $1,500 per head (on a $1,200-to-$1,800 range).
On the feed side, the news was good for the cattle industry. Mike Murphy, vice president research and risk management, reported corn supplies would be “comfortable” with stocks to use between 12% and 16%. He expected a trading range for corn in the $3.50-to-$4.00-per-bushel range. Soybeans were expected to end at a 12% to 14% stocks-to-use ratio, with a trading range of $8.75 to $9.75 per bushel. Hay quantity was strong although, in some cases, quality could continue to be a concern.
Randy Blach, CEO of CattleFax, wrapped the outlook with a few longer-range thoughts.
A major point Blach made was that the U.S. beef industry has turned the corner from being a supply-driven market, with a “boom-bust” cycle, to a demand-driven market. As a result, industry profitability is expected for all segments of the beef industry this year. Because the industry is demand driven, he noted the importance of being proactive on issues including traceability, sustainability and food safety, to be sure U.S. ranchers don’t lose access to markets. Consumers, he stressed, consider all of these areas as “value contributors.”
“Sustainability is our greatest risk as an industry,” he said, while noting the U.S. beef industry today has the lowest carbon footprint in the world. He said it is important to tell this story and continue to progress in this area. “Don’t take this lightly,” he added. “We have to tell our story.”
Lastly, Blach stressed the need for two things in the industry. First, he said, cattle producers need a viable cash marketplace for price discovery. Second, he said, the industry has to increase packer capacity.
“Our biggest limiting factor today is harvest capacity,” he said. Being able to increase that capacity is the key to opening the door for expansion in the beef industry.

Direct Receipts

Direct Receipts: 30,000

Texas 14,300. 92 over 600 lbs. 33 pct heifers. Steers: Medium and Large 1 Current FOB 800-850 lbs 131.00-137.00; Current Del 650-700 lbs 143.00; Apr FOB 650-700 lbs 139.95; May FOB 650-700 lbs 141.50; 800-850 lbs 135.00; Sept FOB 650-700 lbs 153.00; May Del 800-850 lbs 135.70-137.50. Medium and Large 1-2 Current FOB 600-650 lbs 131.58-132.25 Mex; 700-750 lbs 133.00; 750-800 lbs 129.13-131.79; 800-850 lbs 122.31; Current Del 450-500 lbs 154.00 Mex; 500-550 lbs 158.69; 600-650 lbs 133.00 Mex; 650-700 lbs 140.00; 700-750 lbs 135.00; 750-800 lbs 132.00-136.00; 800-850 lbs 129.00-131.00; 850-900 lbs 129.00; Mar Del 850-900 lbs 130.00. Heifers: Medium and Large 1 Current FOB 650-700 lbs 126.50; 750-800 lbs 120.10-121.00; Current Del 700-750 lbs 129.00; 750-800 lbs 123.05-125.00; Apr FOB 650-700 lbs 132.95; 700-750 lbs 119.20; May FOB 650-700 lbs 134.50; 700-750 lbs 125.50; Sept FOB 600-650 lbs 143.00; Apr Del 700-750 lbs 120.20; May Del 700-750 lbs 126.55; 750-800 lbs 128.65-129.50. Medium and Large 1-2 Current FOB 700-750 lbs 120.31-122.35; Current Del 550-600 lbs 136.04; 700-750 lbs 125.00-127.00; 750-800 lbs 121.00-124.00.

Oklahoma 3000. 100 over 600 lbs. 9 pct heifers. Steers: Medium and Large 1 May FOB 800-850 lbs 135.50. Medium and Large 1-2 Current Del 600-650 lbs 136.00; May FOB 800-850 lbs 131.70. Heifers: Medium and Large 1 May FOB 750-800 lbs 124.70.

New Mexico 2900. 79 over 600 lbs. 60 pct heifers. Steers: Medium and Large 1 Current FOB 650-700 lbs 140.00; 800-850 lbs 127.01; 850-900 lbs 127.69. Medium and Large 1-2 Current FOB 450-500 lbs 150.00 Mex; 600-650 lbs 129.00 Mex. Heifers: Medium and Large 1 Current FOB 750-800 lbs 119.01-122.05; May FOB 750-800 lbs 127.65-128.50.

Kansas 2500. 92 over 600 lbs. 68 pct heifers. Steers: Medium and Large 1 June FOB 700-750 lbs 136.95. Medium and Large 1-2 Current FOB 800-850 lbs 126.13. Heifers: Medium and Large 1 June FOB 700-750 lbs 136.95; Current Del 650-700 lbs 130.00; 700-750 lbs 126.00.

Iowa-Missouri 1900. No cattle over 600 lbs. No heifers. Holstein Steers: Large 3 FOB Mar 400 lbs 113.93; Apr 400 lbs 113.93; May 400 lbs 109.73.

National Feeder Cattle Summary

St. Joseph, MO — February 14
National feeder cattle receipts: 191,800

Steers and heifers sold uneven; $1 lower to $3 higher. Demand was good for light weight calves nationwide that were longtime weaned and suited for summer grass with moderate demand for feedlot placements. Early week trading on the CME cattle boards displayed downward pressure Feb. 10-13 with the summer live cattle boards hanging around $108-110. In Nebraska, sellers of top performing feeders felt the downward pressure as their 8 weight cattle only brought a little over a hundred dollars a head more than the 6 weights in the steer market. Feedlots sold bulk of their showlist when the CME board was down mid-week; who knew it would trade sharply higher Feb. 14. So far, for the week, live sales sold $119 in the North and South Plains and dressed sales in Nebraska at mostly $190. The upward movement in early rounds of trading on the CME Feb. 14 is giving cattle owners a breath of fresh air hoping they can gain a upward push in the cattle markets next week. Arctic cold snap blew through the Plains on Feb. 12-13 with more seasonal temperatures on the weekend. Cow-calf producers are hoping Mother Nature will deal a pleasant hand the rest of the winter as some have started calving and they remember the harshness that occurred during calving season 2019. Receipts light again in Oklahoma as another front moved across the state, dumping snow in the northwest and heavy rains in Southeast OK. Conditions are very muddy therefore limiting livestock movement from Southern Oklahoma through Arkansas, into the East. The CME Cattle Complex found support on Feb. 14 and closed the week on a very strong note. For the week, the Feeder Cattle closed $3.32 to $3.87 higher on the front three months, while front month February Live Cattle was $0.50 lower and April and June LC were $0.52 to $0.73 higher. Cattle Slaughter under FI estimated at 620K for the week, 11K less than last week and 12K more than a year ago. On the week, Choice cutout closed $2.03 lower at $208.09, while Select was $1.82 higher at $205.71; narrowing the Choice-Select spread to $2.38.

Texas 2200. 47 pct over 600 lbs. 52 pct heifers. Steers: Medium and Large 1 300-350 lbs (317) 208.13; 400-450 lbs (425) 189.32; 500-550 lbs (517) 170.18; 550-600 lbs (570) 161.86; 600-650 lbs (633) 153.19; 650-700 lbs (677) 140.81; 700-750 lbs (719) 142.13; pkg 820 lbs 132.25. Medium and Large 1-2 400-450 lbs (425) 162.74; 500-550 lbs (532) 153.91; 550-600 lbs (585) 144.33; 600-650 lbs (627) 141.59. Heifers: Medium and Large 1 350-400 lbs (376) 168.98; 400-450 lbs (425) 155.40; 450-500 lbs (467) 149.06; 500-550 lbs (522) 144.10; 550-600 lbs (570) 141.29; 600-650 lbs (622) 134.62; 650-700 lbs (677) 128.39; 700-750 lbs (732) 127.08. Medium and Large 1-2 350-400 lbs (395) 137.28; 550-600 lbs (561) 130.21.

Oklahoma 20,000. 53 pct over 600 lbs. 46 pct heifers. Steers: Medium and Large 1 300-350 lbs (328) 201.79; 350-400 lbs (375) 196.09; 400-450 lbs (425) 194.29; 450-500 lbs (477) 188.63; 500-550 lbs (522) 178.02; 550-600 lbs (575) 164.86; 600-650 lbs (625) 153.43; 650-700 lbs (671) 146.18; 700-750 lbs (724) 138.47; 750-800 lbs (771) 136.79; 800-850 lbs (819) 136.13; 850-900 lbs (870) 131.14; 900-950 lbs (922) 126.91; 950-1000 lbs (970) 127.38. Medium and Large 1-2 300-350 lbs (323) 189.95; 350-400 lbs (376) 182.89; 400-450 lbs (434) 175.90; 450-500 lbs (473) 173.39; 500-550 lbs (529) 162.10; 550-600 lbs (582) 156.27; 600-650 lbs (631) 139.20; 650-700 lbs (678) 134.08; 700-750 lbs (716) 133.53; 750-800 lbs (778) 131.26; 800-850 lbs (834) 127.18; 850-900 lbs (876) 125.14; pkg 942 lbs 122.75; 950-1000 lbs (953) 121.94. Heifers: Medium and Large 1 300-350 lbs (332) 170.22; 350-400 lbs (379) 165.32; 400-450 lbs (423) 158.36; 450-500 lbs (475) 152.65; 500-550 lbs (525) 147.77; 550-600 lbs (574) 140.47; 600-650 lbs (626) 134.42; 650-700 lbs (668) 130.05; 700-750 lbs (727) 126.09; 750-800 lbs (765) 126.32; 800-850 lbs (818) 122.91; 1000-1050 lbs (1028) 112.13. Medium and Large 1-2 350-400 lbs (371) 158.66; 400-450 lbs (429) 146.24; 450-500 lbs (472) 144.85; 500-550 lbs (529) 138.40; 550-600 lbs (577) 132.46; 600-650 lbs (627) 124.04; 650-700 lbs (677) 124.44; 700-750 lbs (712) 121.31; 750-800 lbs (766) 121.74; 800-850 lbs (820) 117.91; 850-900 lbs (873) 118.94.

New Mexico 4000. 34 pct over 600 lbs. 46 pct heifers. Steers: Medium and Large 1 400-450 lbs (436) 187.27; 450-500 lbs (463) 177.98; 500-550 lbs (536) 161.21; 550-600 lbs (557) 155.47; 600-650 lbs (620) 148.50; 650-700 lbs (661) 140.79; 700-750 lbs (722) 134.77. Medium and Large 1-2 350-400 lbs (374) 183.63; 400-450 lbs (432) 172.40; 450-500 lbs (473) 165.94; 500-550 lbs (531) 156.08; 550-600 lbs (571) 155.17; 600-650 lbs (618) 137.53; 650-700 lbs (676) 140.00; 700-750 lbs (706) 137.48; 750-800 lbs (770) 132.33; pkg 853 lbs 126.50. Heifers: Medium and Large 1 300-350 lbs (321) 171.71; 350-400 lbs (386) 161.29; 400-450 lbs (425) 158.85; 450-500 lbs (475) 152.03; 500-550 lbs (512) 145.94; 550-600 lbs (585) 136.23; 600-650 lbs (622) 133.63; 650-700 lbs (668) 129.55; 700-750 lbs (714) 125.19. Medium and Large 1-2 300-350 lbs (322) 166.83; 350-400 lbs (380) 161.37; 400-450 lbs (425) 149.33; 450-500 lbs (481) 142.59; 500-550 lbs (516) 147.42; 550-600 lbs (572) 137.04; 600-650 lbs (614) 136.12.

Kansas 7400. 81 pct over 600 lbs. 42 pct heifers. Steers: Medium and Large 1 350-400 lbs (366) 217.63; 450-500 lbs (477) 191.07; 500-550 lbs (537) 181.66; 550-600 lbs (578) 166.19; 600-650 lbs (627) 159.78; 650-700 lbs (670) 152.14; 700-750 lbs (725) 143.43; 750-800 lbs (784) 143.32; 800-850 lbs (819) 140.47; 850-900 lbs (872) 136.77; 900-950 lbs (929) 128.14; 950-1000 lbs (957) 125.82. Medium and Large 12 400-450 lbs (417) 188.07; 600-650 lbs (633) 140.10; 650-700 lbs (677) 143.09; 700-750 lbs (727) 136.41. Heifers: Medium and Large 1 300-350 lbs (344) 185.50; 350-400 lbs (382) 167.20; 400-450 lbs (415) 165.26; 450-500 lbs (467) 154.64; 500-550 lbs (525) 150.50; 550-600 lbs (571) 146.79; 600-650 lbs (620) 138.51; 650-700 lbs (670) 132.04; 700-750 lbs (725) 131.07; 750-800 lbs (770) 129.84; 800-850 lbs (824) 123.30; 850-900 lbs (868) 120.99. Medium and Large 1-2 500-550 lbs (537) 139.25; 600-650 lbs (618) 124.47; 750-800 lbs (770) 125.60.

Missouri 24,300. 50 pct over 600 lbs. 42 pct heifers. Steers: Medium and Large 1 300-350 lbs (326) 185.44; 350-400 lbs (381) 185.87; 400-450 lbs (427) 186.90; 450-500 lbs (472) 183.42; 500-550 lbs (527) 177.29; 550-600 lbs (570) 166.35; 600-650 lbs (625) 156.51; 650-700 lbs (666) 151.05; 700-750 lbs (721) 145.99; 750-800 lbs (770) 139.34; 800-850 lbs (820) 131.50; 850-900 lbs (861) 132.26. Medium and Large 12 300-350 lbs (325) 176.17; 350-400 lbs (374) 176.26; 400-450 lbs (427) 169.18; 450-500 lbs (471) 164.44; 500-550 lbs (529) 157.37; 550-600 lbs (581) 151.69; 600-650 lbs (622) 148.27; 650-700 lbs (676) 138.86; 700-750 lbs (721) 137.41; 750-800 lbs (768) 133.24; 800-850 lbs (831) 126.31; 850-900 lbs (859) 128.38. Heifers: Medium and Large 1 300-350 lbs (327) 159.66; 350-400 lbs (374) 159.38; 400-450 lbs (422) 155.61; 450-500 lbs (477) 152.42; 500-550 lbs (524) 149.44; 550-600 lbs (573) 142.15; 600-650 lbs (624) 138.38; 650-700 lbs (672) 133.96; 700-750 lbs (725) 127.29; 750-800 lbs (769) 122.42; 800-850 lbs (816) 117.84; pkg 860 lbs 125.00. Medium and Large 12 300-350 lbs (333) 146.12; 350-400 lbs (370) 142.56; 400-450 lbs (427) 142.52; 450-500 lbs (472) 142.20; 500-550 lbs (525) 138.33; 550-600 lbs (578) 131.95; 600-650 lbs (623) 129.78; 650-700 lbs (677) 126.48; 700-750 lbs (729) 124.84; 750-800 lbs (764) 122.87; 800-850 lbs (808) 114.98; 950-1000 lbs (970) 100.89.

Arkansas 5900. 29 pct over 600 lbs. 47 pct heifers. Steers: Medium and Large 1 300-350 lbs (327) 192.29; 350-400 lbs (377) 182.97; 400-450 lbs (426) 179.44; 450-500 lbs (475) 171.85; 500-550 lbs (523) 167.61; 550-600 lbs (573) 154.63; 600-650 lbs (623) 144.06; 700-750 lbs (710) 141.21. Medium and Large 1-2 400-450 lbs (423) 180.48; 450-500 lbs (485) 171.77; 500-550 lbs (520) 163.34; 550-600 lbs (577) 151.15; 600-650 lbs (632) 145.60; 700-750 lbs (729) 137.40; 750-800 lbs (769) 135.17. Heifers: Medium and Large 1 300-350 lbs (329) 163.83; 350-400 lbs (381) 160.84; 400-450 lbs (422) 156.95; 450-500 lbs (473) 148.06; 500-550 lbs (527) 143.73; 550-600 lbs (576) 134.74; 600-650 lbs (617) 129.20; 650-700 lbs (673) 125.79. Medium and Large 1-2 350-400 lbs (370) 156.02; 400-450 lbs (433) 158.99; 450-500 lbs (478) 148.05; 500-550 lbs (526) 140.25; 550-600 lbs (563) 137.91; 600-650 lbs (626) 126.23.

 

 

 

 

 

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Friday, February 21, 2020 11:29 AM