beef prices

According to World Agricultural Outlook Board chair Mark Jakanowski, beef supplies continue to tighten.   “Year over year beef production is forecast to be down about 1.2 billion pounds.  Part of that reflects as of now, we're still forecasting continued restrictions on cattle imports from Mexico.”   Jakan...

For a variety of reasons, whether it was the size of the herd, or beef prices, 2024 was a good year for many cattle producers not only regionally but across the U.S.   “I think that 2024 has been a generally very strong year for beef producers across the board," said Jackie Madill, Executive Director of the Washington state Beef Commission.  "We're seeing...

USDA livestock analyst Michael McConnell said there are top factors influencing the beef market right now.   “Strong beef demand and good, good prices for calves and feeder cattle," he noted.  McConnell says the price and demand signals in the marketplace are keeping the beef market in a contraction mode.  Friday's USDA Catt...

This has been an interesting year in the beef market.  Lance Zimmerman, RaboResearch beef analyst, said demand remains high despite tighter supplies and higher prices.   “Right now, when we talk about the cattle and beef markets, we’re in a unique place. The beef cow herd is in f...

The message at last month’s 99th annual Washington Cattlemen’s Association meeting in Wenatchee was a positive one, for both producers and the non-ag community alike.  Chelsea Hajny, Executive Vice President of the WCA, said now is a good time to be in the cow business.   ‘We don't al...

Beef production expected up for both this year and next.   "Beef production was raised 210 million pounds for 2024," said USDA World Agricultural Outlook Board Chair Mark Jekanowski. "We've been seeing some increases here in heifer slaughter and also higher weights. So, that...

As the experts have been predicting for some time the price situation for livestock producers is improving but things are going the other way for many crop producers.  The latest evidence of that coming in USDA 's price report covering the month of August.  It show...

Idaho cattle producers have reason to be optimistic, noted Cameron Mulrony.  The Executive Vice President of the Idaho Cattle Association said prices are expected to move higher in the coming months.   “We are under a tight cattle supply. The cattle numbers ...

When it comes to the meat production and price forecast for the month of February, USDA World Ag Outlook Board Chair Mark Jekanowski says things are pretty straight forward.  He noted things are looking up when it comes to beef production and price.   “...

USDA’s January 1 cattle inventory report places the total number of cattle and calves at 89.3 million head, consistent with trade expectations for a 3% year-over-year drop.  The decline comes as cattle producers face a fourth consecutive year of contraction within the cattle cycle.  That’s a...