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Current data on beef cow slaughter, combined with historical price performance of cattle markets after reaching an inventory low point, provides some insight for cattle price trends for the second half of 2022 and 2023.
Gen Z households are struggling more to put food on the table compared to those of Millennials, Gen X and Boomers. Thirty percent report seeking groceries from a food pantry, church or other charity in the last 30 days.
Based on the data, it’s impossible to establish any meaningful link between beef imports and the packer and fed cattle prices.
Terry Buckler, a Missouri farm kid, shares the story of his time as a Green Beret and the historic raid on Son Tay prison in Vietnam.
USDA Secretary Tom Vilsack announced agricultural producers have already received more than $4 billion through the Emergency Relief Program (formerly WHIP+), representing 67% of the $6 billion projected to be paid.
Reviewing cattle placement in feedlots this year suggests that fewer fed cattle supplies expected in the fourth quarter along with much higher costs of gain will hold carcass weights below a year ago.
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