Holstein Association USA just held its annual fall board meeting in St. Louis and provided some details:
The meeting, led by newly elected Holstein President Randy Gross, was a successful and productive exchange of ideas, discussion and action.
Registrations continue to grow – 248,729 animals have been registered through the end of October 2005, an increase of 3.9% from 239,430 in 2004. Animals transferred through the end of October are: 47,684 compared to 47,709 at the same time last year. Classification activity is up 4.6% from last year, 167,419 animals have been classified through the end of October, in a total of 4,184 herds, compared to 3,916 herds in 2004, an increase of herd activity of 6.8%.
The Board approved the recommendation of the Junior Advisory and Youth Activities Committees to denote Louisville, Kentucky as the site of the Grand National Junior Holstein Show, along with the remaining five designated National Junior Holstein Shows. The Board approved changes to the delegate reimbursement policy, effective with the June 2006 Annual Meeting. All delegates who attend the entire Annual Meeting will be reimbursed $400 for their expenses.
The Board received various committee reports including the Audit, Holstein Breed of the Future, International, Show and Junior Advisory Committees. Chief Financial Officer, Barbara Casna, reported the Association is projected to have another very healthy year in 2005, with net operating results forecasted to be $951,000. Total revenues through October 2005 are $11,800,000 which is an increase of $303,000 from last year or 3%. The Holstein Association Reserve Fund on October 31, 2005 was valued at $21,591,000, a gain of $551,000, or 3%, since January 1st.
Holstein Association staff presented the 2006 Management-by-Objective Business Plan to the Board of Directors. The plan was approved. The Board welcomed representatives of Monsanto Company, Roger A. Cady, PhD and Shay Sunderland, PhD for a discussion on the future of the dairy industry.