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Strong demand supports beef prices amid economic volatility, but herd investment and growth slows as producers grapple with increasing uncertainty due to political noise.
“The agricultural economy is inherently cyclical, and ag lenders are navigating the changing conditions across the sectors they serve,” said Jackson Takach, chief economist of Farmer Mac.
Check out the Sterling Marketing Profit Tracker for week of Nov. 15.
Annual survey shows a traditional meal with all the fixings will require fewer dollars per person this year. But look to shell out more dollars if turkey isn’t the only meat on your menu.
An array of trade barriers continue to prevent the red meat industry from reaching its trade potential in specific markets within Europe and Southeast Asia.