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U.S. data shows COVID-19 infection rates are now down to levels not seen since early fall, a sign economic recovery could also take shape. As more consumers venture out to restaurants, it could also help meat demand.
Beef production slowed to a virtual standstill in the South due to extreme winter weather. Heavy demand on electricity and natural gas limited packers from running at capacity, and their need for inventory was limited.
Located on the Cheyenne River Sioux Indian Reservation, the DX Ranch and its direct-to-consumer beef operation has a simple mission: Provide beef that is local, nutritious, and that improves their communities.
Last week’s winter storm and brutally cold temperatures caused many auction markets to cancel sales. Those that were open saw stocker and feeder cattle prices higher.
The U.S. Roundtable for Sustainable Beef (USRSB) announces the launch of additional sustainability modules for both the feedyard and auction market sectors.
USDA’s Ag Outlook Forum painted a brighter forecast for corn demand this year. While USDA does expect a 7% increase in production, the agency is also forecasting an increase in domestic use, as well as exports.
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