CN 2025 June July 2025 Vol. 64 Issue 4

either. When the founding fathers were debating tariffs and taxes in 1789, Benjamin Franklin famously observed,“Nothing is certain except death and taxes.” Many years later, after the income tax became law, Will Rogers added this codicil to Franklin’s famous quote,“The only differ- ence between death and taxes is that death doesn’t get worse every time Congress meets.” Unfortunately, we don’t live in a perfect world.

Taxes in any form are systems of reward and punishment. Income taxes are used to manipulate voters’ behavior. Tariffs are used to manipulate nations’ behavior. In a perfect world there would be no tariffs. Zero tariffs would allow the marketplace to dictate the flow and price of goods and services. That would be the best outcome when the dust settles on the current trade and tariff battles. Of course, in a perfect world there would be no income tax

Achieving first-cycle pregnancies and tightening your calving window can significantly enhance the efficiency and profitability of your operation. WHAT COULD IMPROVED FIRST-SERVICE CONCEPTION MEAN FOR YOU?

Increased average weaning weights

Shortened return- to-estrus windows

Optimal use of your best genetics and resources

KemTRACE ® Chromium is an organic trace mineral that sets your cow-calf operation up for success by increasing the energy available to cows for reproduction 1 , reducing the risk of failed reproduction.

INCREASE FIRST-SERVICE CONCEPTION RATES BY UP TO 10.6% 2

Your herd’s future starts with good reproduction. Learn more at kemin.com/reproduction

1. Mertz, W. (1992). Chromium: History and nutritional importance. Biological Trace Element Research. 32:3-8. 2. Vidlund, T., et al. (2024). Investigating the effects of chromium propionate supplementation on productive and reproductive performance of beef cows. Journal of Animal Science, 102(Suppl. 3), 562–563.

© Kemin Industries, Inc. and its group of companies 2025. All rights reserved. ® ™ Trademarks of Kemin Industries, Inc., U.S.A.

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