beef demand

For a host of states across the country, including Idaho, July is beef month, a time set aside to promote the protein, and the economic impact of the commodity.

Many commodities are facing challenges right now, if not struggling.  But one sector that has enjoyed some success over the past 18 months to two years is cattle.  Kara Lee, Director of Producer Engagement at Angus Certified Beef, said 2024 was a great year.   “We were a...

One of the few bright spots in production agriculture right now is livestock, with beef herd contraction and high demand combining to keep farm gate receipts steady for cattle ranchers.   But how long will it last?   Lance Zimmerman, senior beef analyst with Rabobank, said he see a change in production moving forward.   “...

With so many commodities struggling right now, it’s nice to hear about sectors of the farming industry that are doing well.  University of Idaho Associate Professor of Meat Science Phill Bass said beef demand is very strong domestically and internationally, which means many producers are making money.  However, whil...

As the 2023 fall calf run takes form, expect to see plenty of cattle pots and pickups with trailers heading down the road.

Before the conclusion of July, the U.S. Department of Agriculture released the Cattle Inventory report that revealed a lower head count in the national cattle herd, and that is leading to higher prices.

USDA Chief Economist, Seth Meyer, said consumers are watching what he calls an "impressive run" on meat prices. "We had really fantastic meat demand in the United States. 2020 was a record high or capita use. So domestic consumption of meat was record high in 2020 ...

The beef cattle industry is bouncing back from the pandemic, and continued progress is expected in 2022. Beef prices are near record high, and consumer and wholesale beef demand are both at 30-year highs as the U.S. and global economy recover ...

Strong demand is fueling higher beef cattle prices this spring, that according to livestock market economist Dr. Derrell Peel. Peel said demand for all the meats is strong right now, especially for beef. “If you look across all the meats, beef, pork and poultry prices are all at the wholesale level running very strong. So, ...

World Board Outlook Chair, Mark Jekanowski, said the beef export forecast for 2020 has not changed, despite some encouraging numbers recently.However, he said the forecast for 2021 has been pulled back a bit because of an weakness in observed global demand... Read More ...