Angus Means Business Convention and Angus News

Last week in Overland Park, Kansas, an estimated 2,000 cattlemen and women gathered for the Angus Means Business National Convention and Trade Show.

The interim American Angus Association CEO Rich Wilson shared the recent fiscal year figures of the association. The Angus breed enjoyed one of its most successful years on record. In fiscal year 2015, which ended September 30th, registered Angus bulls averaged more than $6,700 dollars per head, up more than $1,500 dollars per head from the prior year. Sales of registered Angus females reported to the Association averaged more than $5,300 per head, a 45-percent increase.

Meanwhile, he says registrations, membership and the use of genomic tests all experienced increases

Wilson: "These increased prices just reflect the strength of the demand of Angus genetics by the commercial cattle industry and fulfilling the demand for beef and quality beef. The Association had over 320,362 registrations for the year. That is a substantial increase for us — the highest since the 2008-09 economic downturn. The cattlemen continue to recognize the value of genomic testing in their selection and management decisions.

Across the board, almost all business metrics point to the breed's most successful year in recent history. The organizations total assets reached more than $55 million.

The American Angus Association recently announced that Allen Moczygemba a native of San Antonio Texas is the new CEO effective December 1st.