Low costs, recent expansions, high beef prices and government programs are mitigating the impact of low milk prices ...
Economists expect the nation’s cattle herd to either stay steady or continue shrinking into 2025 as producers show caution about restocking amid high production costs and drought potential. Steer ...
On Friday, USDA released its biannual U.S. cattle inventory report showing U.S. cattle totals as of Jan. 1. The report provides inventory data for the nation’s cattle herd, including estimates of the ...
Drought conditions are diminishing, hay stocks on Dec. 1 were 7% above a year earlier and feeder cattle prices are at record levels. But it hasn’t been enough to retain replacement heifers to grow the ...
The year kicked off with a cattle inventory estimated to be down 2%, thanks to a 2021 calf crop down 2.3% from the previous year, due largely to the pressures brought on by drought and high input ...
The cattle industry is also led by supply and demand, and beef consumption is strong at 28.6 billion pounds. The number is expected to fall by about 2% in 2026. Demand can drive retail prices higher.