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.
R-Calf USA is warning of catastrophic consequences if the 2023 Farm Bill doesn’t include reforms. CEO Bill Bullard said the future important infrastructure components to remain competitive such as participants, cattle and markets are in jeopardy.
“And f...
Earlier this week, USDA announced a new USDA Market News Mobile Application. The app provides producers and everyone else in the supply chain with instant access to current and historical market information. The initial version of the free app includes nearly 800 livestock, poultry, and grain market reports, with additional commodities added throughout the coming year
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Senate Ag Chair Debbie Stabenow is non-committal so far on cattle market reforms proposed by other senators trying to boost competition and prices to independent producers. A fire at Tyson’s Holcomb, KS facility in 2019, followed by the pandemic have together sparked outrage by many over the big price spread between fed cattle and boxed beef, but Stabenow is making no promises on reforms.
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Over the past 18 months, the voices calling for changes in the packing industry have become louder and more numerous. Many livestock producer organizations say ranchers enjoy the profits or margins they should since there are only four major packing companies in the U
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Food supply chain disruptions and how to reduce them in future as well as disease outbreaks were front-and-center recently at the House Small Business Committee. One of the farm leaders with suggestions was National Farmers Union chief Rob Larew
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Not only are the nation’s slaughter plants beginning to increase the number of head they’re processing, but cattle prices seemed to have bottomed out and are generally increasing as well. USDA Livestock Analyst Shayle Shagum said 750 to 800 pound of feeders back in April 2019, a year ago, were fetching 146 dollars a hundred weight. This Apri
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Weather, consumer demand, international conditions, labor and commodity prices; the list goes on. With a new decade upon us, producers are keeping an eye on the markets and the factors that play into ensuring their operation stays successful. So...
Many producers are worried about market futures because of trade negotiations and tariffs. But is there promise for agriculture exports in the future?
Dan Basse, president of AgResource Company thinks because of the rapid GDP expansion, the greatest opportunity for growth lies between two countries, China and India.
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