Tough Work, Tight Margins: How Cattle Branding Is Evolving in Nebraska
On the Burdick Ranch, nestled in Nebraska's Sandhills, spring cattle branding is an annual act of community. The sheer scale of gathering, roping, vaccinating, and marking 900 calves with the family brand requires the work of roughly 60 volunteers, primarily family members and other cattle ranchers from the area. But it also requires hired help: local high school wrestlers who are paid for the rough, dirty task of toppling the calves and pinning them to the ground to be branded.
Byron Burdick, 41, who manages operations for his family's midsize ranch, remembers a time when hiring help wasn't necessary, before the steady departure of young people from Cherry County in pursuit of city jobs and opportunities. 'When I was little, nobody paid anybody,' he recalled. Neighbors would bring their children to wrestle and hold the calves. 'Now we don't have the families.'
Branding season represents the year's most significant expense for the Burdicks. The wages for the wrestlers, combined with the cost of the post-branding lunch, totals about $6,000—equivalent to the price of about four heifers.
Over the eight decades the Burdicks have worked this land, their Black Angus herd has steadily grown in number and physical size, a result of modern equipment and evolving agricultural practices. Yet profit margins remain slim. 'We're not going broke by any means, but we're not getting rich. You have to love the lifestyle to continue doing it,' Burdick said.
Burdick says he has seen increasing consumer demand for American-raised, grass-fed beef. And he hopes the Trump administration's tariffs will mean consumers will be less likely to buy imported meat at the grocery store.
In the coming weeks and months, the Burdick family will load their horses into trailers and drive down gravel roads to the ranches of those same neighbors who offered their help. They will gather eight more times over the course of a year to rope and brand the calves of their peers, who are also, in a sense, their competitors.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Commerce's Lutnick receives a timely reminder: ‘We cannot build bananas in America'
Ahead of Donald Trump's second inaugural, there were plenty of rumors that billionaire Howard Lutnick was well positioned to lead the Treasury Department — one of the most sought-after positions in any White House Cabinet. The Associated Press reported that some prominent supporters had lobbied on his behalf. Those efforts ultimately fell short, and Trump tapped Lutnick to serve as commerce secretary. As for why, exactly, he didn't get a more prominent position, The Bulwark reported two weeks after Election Day that Lutnick kept 'shooting himself in the foot' with foolish rhetoric. The report quoted a Trump adviser who said Lutnick needed to learn how to 'shut the f--- up.' And yet, he keeps finding microphones and making things worse for himself. This week, for example, Lutnick appeared on Capitol Hill, where he seemed eager to defend the president's policies on trade tariffs. As part of one especially memorable exchange, Democratic Rep. Madeleine Dean of Pennsylvania asked the Cabinet secretary, 'What's the tariff on bananas?' He responded, 'The tariff on bananas would be representative of the countries that produce them,' before ultimately acknowledging that the rate would be 10%. The congresswoman reminded the witness that Walmart has already increased the cost of bananas by 8%. After pointing to the possibility of increasingly unlikely trade deals, Lutnick eventually declared: 'If you build in America, and you produce your product in America, there will be no tariff.' It was at that point that Dean lowered the boom. 'We cannot build bananas in America,' she explained. Lutnick didn't respond, which was just as well given the circumstances. Complicating matters for the commerce secretary, embarrassing moments like these have become a staple of his tenure. Lutnick announced that the president was preparing to waive taxes on Americans earning under $150,000 per year, only to walk that back soon after. He urged a national television audience to buy stock in Tesla, sparking an ethics controversy the White House struggled to defend. In one especially glaring incident, Lutnick suggested that only criminals would complain about missing a Social Security check. A month later, the secretary pitched a 'new model' of American employment that sounded an awful lot like the factory jobs that existed in the 19th century. And don't even get me started on his 'little screws to make iPhones' comments. The Wall Street Journal recently reported that Lutnick's rhetorical record was proving to be so 'challenging' to the White House that officials asked him to start saying less. He might need a reminder. This article was originally published on
Yahoo
an hour ago
- Yahoo
Trump hails deal between senators on government-owned spectrum
President Trump on Friday hailed Senate Republican committee chairs for reaching a deal with Sens. Mike Rounds (R-S.D.) and Deb Fischer (R-Neb.) on auctioning of government-owned spectrum. Rounds and Fischer had held up Trump's 'big, beautiful bill' because they feared the federal sale of spectrum to the private sector would deprive the Defense Department of critical bandwidth used for radar. Trump on Friday applauded GOP senators for working out their differences. 'Congratulations to Chairman of the Senate Committee on Commerce, Science, and Transportation, Ted Cruz, Chairman of the Senate Armed Service Committee, Roger Wicker, and Chairman of the Senate Republican Conference, Tom Cotton, for their amazing deal on Spectrum as posted last night,' Trump posted on Truth Social. 'This is serious power for American Leadership on 6G,' he said, referring to the next phase of broadband infrastructure. 'We will have the World's Greatest Networks, and ensure the Highest Level of National Security for future Generations of Americans.' A source familiar with the deal said Rounds and Fischer got what they wanted, namely language in the bill to protect the Pentagon's use of prime spectrum frequencies for the entire length of the government auction period. The deal preserves the Defense Department's use of the 'lower three' 3.1 to 3.45 GHz band and 7.4 to 8.4 GHz, which would be exempted from general auction authority and the spectrum pipeline. The wireless industry got the restoration of auction authority. Rounds said Friday he appreciates the new national security protections and would continue to work on legislative language to align the broader bill with the 'intent of the agreement,' signaling some details may still need to be worked out. 'I appreciate the national security protections, and we are working on modifications that will align it with the spirit and intent of the agreement. Negotiations are ongoing and we look forward to reaching a conclusion that will both supercharge 5G as well as protect our national security, including the capabilities necessary to build President Trump's Golden Dome,' Rounds said in a statement. Sen. Maria Cantwell (D-Wash.), the ranking member on the Commerce Committee, slammed her Republican colleagues for 'rushing to sell off spectrum' and 'failing to fund' what she called 'essential safety upgrades.' Cantwell warned the Republican language in the budget reconciliation package would run ahead of work between the Federal Aviation Administration and wireless providers such as Verizon and AT&T to ensure that spectrum sales do not crowd out air-safety applications. 'At a moment when maintaining safe skies has never been more challenging, this proposal recklessly endangers national security and aviation safety by mandating spectrum auctions in the C-Band before new altimeter standards are even finalized, while providing zero resources to an already capacity-constrained FAA or to update vulnerable altimeters on DOD and government aircraft,' Cantwell said in a statement. 'By rushing to sell off spectrum and failing to fund these essential safety upgrades, we're setting ourselves up for a catastrophic repeat of the 5G C-band debacle—except this time we risk grounding the armed forces as well,' she said. Trump on Friday slammed Biden for failing to reach a deal on spectrum auctions during his term. 'Biden did nothing on Spectrum in four years but, thanks to 'THE GREAT BIG BEAUTIFUL BILL,' my Administration will beat all expectations, and show World the path forward!' he posted. Updated at 2:17 p.m. EDT Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
an hour ago
- Yahoo
Congress ‘making America bankrupt,' says Elon Musk — blasting ‘disgusting' Trump bill he says burdens citizens
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Tesla CEO Elon Musk has a stark warning for Americans. 'Congress is making America bankrupt,' he wrote in a June 3 post on X. The comment came as Musk reposted a chart from X account World of Statistics, showing U.S. budget deficits from 2000 to 2024 — and the numbers are sobering. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) In fiscal 2000, the federal government posted a $236 billion surplus, followed by a $128 billion surplus in 2001. (The chart didn't distinguish between deficits and surpluses, but those two years were surpluses, according to Federal Reserve data.) Unfortunately, that was the last time Washington ran a budget in the black. By 2002, the U.S. had fallen into a $158 billion deficit — spending more than it collected in revenue. The gap only widened in the years that followed, reaching $1.29 trillion in 2010 and ballooning to $3.13 trillion in 2020. For fiscal 2024, the U.S. government spent $6.75 trillion while taking in $4.92 trillion, resulting in a $1.83 trillion deficit. Musk has long criticized excess government spending, and he recently took aim at President Donald Trump's signature budget bill. 'This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,' Musk wrote on X. 'Shame on those who voted for it: You know you did wrong.' He also warned that the bill could push the federal deficit to $2.5 trillion and saddle Americans with 'crushingly unsustainable debt.' Years of deficit spending have added up: U.S. national debt now stands at more than $36 trillion — and continues to climb. Whether America can technically go bankrupt is a complicated question because the federal government cannot file for Chapter 11 bankruptcy reorganization. Instead, Congress would have to decide to let the federal government default on its debt, otherwise it can keep borrowing as long as there is demand from investors for government bonds. 'Technically speaking, the government can't go bankrupt because it only promised to hand over a certain number of dollars; it didn't promise what the value of those dollars would be. Because the value of the dollars was never specified, the government can print enough to render the dollars nearly worthless. To the rest of us, the effect is the same as the government going bankrupt,' wrote the co-hosts of podcast Words & Numbers back in 2016. In other words, printing money to stay afloat has significant consequences, as inflation erodes the purchasing power of the U.S. dollar. Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, echoed this concern earlier this year. 'There won't be a default — the central bank will come in, and we'll print the money and buy it,' he told CNBC in February. 'And that's where there's the depreciation of money.' For many Americans, the sting of inflation still lingers. Although headline CPI has eased from its 40-year peak of 9.1% in June 2022, everyday essentials — like food and housing — remain stubbornly expensive. While warning that U.S. debt is spiraling out of control, Dalio points to a tried-and-true safeguard: gold. 'People don't have, typically, an adequate amount of gold in their portfolio,' he said. 'When bad times come, gold is a very effective diversifier.' Gold has long served as a hedge against inflation. Unlike fiat currencies, it can't be printed in unlimited quantities by central banks — a feature that makes it especially appealing when governments ramp up spending. It's also considered a classic safe haven. Because gold isn't tied to the fate of any single country or currency, it often sees inflows during periods of economic distress or geopolitical uncertainty — pushing prices higher. Over the past 12 months, gold prices have surged by more than 40%. One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Priority Gold. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those looking to help shield their retirement funds against economic uncertainties. When you make a qualifying purchase with Priority Gold, you can receive up to $10,000 in silver for free. Read more: Rich, young Americans are ditching the stormy stock market — Gold isn't the only asset investors turn to during inflationary times. Real estate has also proven to be a powerful hedge. When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation. Over the past five years, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has jumped by more than 50%, reflecting strong demand and limited housing supply. Of course, high home prices can make buying a home more challenging, especially with mortgage rates still elevated. And being a landlord isn't exactly hands-off work. Managing tenants, maintenance and repairs can quickly eat into your time (and returns). The good news? You don't need to buy a property outright — or deal with leaky faucets — to invest in real estate today. Crowdfunding platforms like Arrived offer an easier way to get exposure to this income-generating asset class. Backed by world class investors like Jeff Bezos, Arrived allows you to invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants. The process is simple: Browse a curated selection of homes that have been vetted for their appreciation and income potential. Once you find a property you like, select the number of shares you'd like to purchase, and then sit back as you start receiving any positive rental income distributions from your investment. Another option is Homeshares, which gives accredited investors access to the $35 trillion U.S. home equity market — a space that's historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) Are you rich enough to join the top 1%? Here's the net worth you need to rank among America's wealthiest — plus a few strategies to build that first-class portfolio You're probably already overpaying for this 1 'must-have' expense — and thanks to Trump's tariffs, your monthly bill could soar even higher. Here's how 2 minutes can protect your wallet right now Access to this $22.5 trillion asset class has traditionally been limited to elite investors — until now. Here's how to become the landlord of Walmart or Whole Foods without lifting a finger This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data