Investigation of the Potential Effects of Epizootic Hemorrhagic Disease Virus on Iowa Cattle

Epizootic hemorrhagic disease virus (EHDV), an arthropod-borne orbivirus, causes significant mortality in white-tailed deer and can also cause disease in cattle. Objectives of this preliminary investigation were 1) to survey cattle at auction markets to determine the prevalence of anti-EHDV antibodies in Iowa cattle, 2) to determine EHDV seroprevalence in herds in which clinical EHD had been diagnosed, and 3) to determine whether EHDV is associated with stillbirths and/or congenital anomalies in calves. There was a 15% seroprevalence in auction market cattle; positive cattle were from southern, central, and western Iowa. Herds in which clinical EHD had been diagnosed had >60% seroprevalence. Viremia was detected in both clinically affected and unaffected cattle during an EHD outbreak. EHDV exposure was not consistently associated with congenital anomalies. Although additional surveillance is warranted, EHDV is unlikely to have a significant effect on the reproductive health of Iowa cattle.

Live Cattle Futures and Options: How Have They Done?

Futures did reduce price risk. Hedging produced a higher minimum return and higher return at the 25th percentile (75% of the returns are better than this figure) than did the cash market. The 50th percentile, or median return, was higher for yearlings in the cash market than hedged cattle, and the calves had mixed results. Although the differences are not great, there have been months when the option strategies performed better than cash or futures, (i.e., January–April and September–October), and there are months when they did not fare well (i.e., June–August).

Estimating the Value of Source Verification in Iowa Feeder Cattle Markets

Source verification and pooling of feeder cattle into larger lots resulted in higher selling prices compared to more typical sales at a southern Iowa auction market. After higher prices due to larger lot sizes were accounted for, cattle that received a specified management program and were source verified as to origin received additional price premiums. The data do not distinguish between the value of the specific management program and the value of the source verification process. However, cow–calf producers participating in the program took home more money.