Jerald Raymond — Addressed directly in the response.
Jerald Raymond — Addressed as the chair during the question to Mr. Wilder.
Jerald Raymond — Addressed by Mr. Wilder during the response.
Jerald Raymond — Addressed during Mr. Wilder's response.
Jerald Raymond — Addressed by Mr. Wilder in response.
Jerald Raymond — Addressed as Mr. Chairman during the discussion of the beef cattle supply chain.
Jerald Raymond — Addressed as Mr. Chairman in the question-and-answer exchange.
Jerald Raymond — Closed the question period and announced adjournment until Thursday at 1:30.
John Shirts — Representative Shirts is addressed in a single exchange about cattle herd rebuilding and heifer retention, with the witness responding directly to his question.
Mr. Wilder — Was asked to break out the cattle calves portion and explain how much is dairy versus beef.
Mr. Wilder — Explained that cattle is the hardest number to forecast because state-level data lags federal data.
Mr. Wilder — Explained that some cash receipts reflect calves sold to feedlots or slaughter, and noted 2% dairy herd growth in Idaho and nationally.
Mr. Wilder — Compared calf value over time and described livestock risk protection and unborn calf insurance as risk management tools.
Mr. Wilder — Explained that livestock risk protection can lock in around $1,200 of value on a day-old calf.
Mr. Wilder — Addressed by the representative as the person being questioned.
Mr. Wilder — Explained that retaining cows in the herd reduces slaughter-channel supply and said Mexican cattle imports would help processing.
Mr. Wilder — Said leverage remains with cow-calf producers and processing will likely struggle for another year or two.
Mr. Wilder — Answered a follow-up about cattle movement across Canada and U.S. origin of cattle coming back from Canada.
Mr. Wilder — Said Canadian cattle imports remain on trend and are not a major topic of conversation.
Mr. Wilder — Said he was not the best person to answer hemp-specific legislation questions, but noted hemp is being grown in some areas.
Mr. Wilder — Said he is not familiar with hemp-specific legislation but noted hemp cultivation and processing challenges.
Mr. Wilder — Repeated that he is not the best person to answer hemp-specific legislation questions.
Mr. Wilder — Addressed as the person being questioned.
Mr. Wilder — Explained his ag lending background and said acceptable leverage varies by commodity and structure.
Mr. Wilder — Said cow-calf producers on legacy ground may be highly leveraged above a 20% to 25% debt-to-asset ratio.
Mr. Wilder — Said agricultural margins are compressed and land purchases often rely on other assets or cash flows.
Mr. Wilder — Explained that young producers may take on very high leverage, sometimes 85% to 90%, depending on financing structure.
Mr. Wilder — Responded that the question is difficult and began discussing available options for producers.
Mr. Wilder — Explained that ag easement programs can help some larger legacy operations, but the programs are limited and small-dollar per acre.
Mr. Wilder — Responded that many global events affect agriculture and began listing them.
Mr. Wilder — Was thanked and asked about land value tracking.
Mr. Wilder — Confirmed he has tracked land values and began describing the data sources used.
Jack Nelsen — Addressed directly in the response.
Shawn Dygert — Representative St. Diger is recognized and then participates in the discussion with Mr. Wilder about herd rebuilding. The exchange includes greetings and direct address, followed by a substantive question about how rebuilding the herd would affect slaughter facilities and kill schedules, with the member being referenced again as the discussion continues.
Robert Beiswenger — Representative Beiswenger was recognized as the next questioner and then asked about recent federal changes to hemp legislation and what those changes might mean.
Anne Haws — Representative Haas is recognized and then asks about crop producers’ leverage, the economic pain they are experiencing, and whether continued financial pressure could force land sell-offs and reduce agricultural land. The chair responds directly to Haas’s question, indicating the discussion is part of the same exchange on agricultural economic conditions.
Carrie Semmelroth — Representative Haas asked about options for insuring unborn calves and other risk-management tools available to producers, and the later discussion referred back to his earlier questions about leverage and farmer leverage.
Chris Mathias — Representative Matthias asked Mr. Wilder about other global events affecting agriculture in Idaho, and the discussion continued through Mr. Wilder’s response addressing that question.
Dan Garner — Referenced as having discussed his past as an ag teacher and involvement in FFA.
Douglas Pickett — Representative Pickett asked about how land value trends are tracked, including regional differences and how those differences relate to livestock versus crop commodities. The discussion continued with further questions about land values and regional variation, and the response referenced the presentation materials while addressing those land value trends.
Rachel Bickerton — Rachel Bickerton is introduced as the University of Idaho representative who will introduce the presenter, and she then identifies herself as the Director of Government and External Relations for the College of Agricultural and Life Sciences at the University of Idaho.
Rachel Bickerton — Brett credits Rachel for the introduction.
Brett Wilder — Identified as the assistant associate professor and Extension educator who will present.
Brett Wilder — Brett Wilder introduces himself as an extension economist with the University of Idaho and begins the presentation on agriculture's financial condition for 2025.
Tammy Nichols — The chair is addressed while the group discusses how to share presentation materials, and then the meeting is called back to order before the chair turns the time over to Brett.
Brett — Brett is invited to introduce himself and begin the presentation.
Jerald Raymond — Addressed as Mr. Chairman in the question period.