Over the past five weeks the combined Prime and Choice carcasses harvested totaled 84.7%, a six percentage point increase over the September low of 78.7%.
Kevin Lynch shares the pros and cons of multispecies grazing as well as what beginners need to consider in Season 7, Episode 16 of the Casual Cattle Conversations podcast.
Over the past five weeks the combined Prime and Choice carcasses harvested totaled 84.7%, a six percentage point increase over the September low of 78.7%.
There's now a 60% chance La Niña will develop between June and August and an 85% chance it's in effect by November 2024 to January 2025, according to NOAA.
Cattle and hog feeders are benefitting from dramatically lower grain and feed costs this year while live animal sale prices are higher. Profit margins for both species have doubled in the past month.
Do America's trade policies push ranchers out of business? That's a protectionist's view, but there's no evidence suggesting ranchers “displaced” by beef imports – nor being unduly damaged in the marketplace.
USDA reports are not an exact science of data collection and should not be treated as such. We have to take the information from all reports, reported and/or surveyed, and use it accordingly in our analysis.
There's a lot of rhetoric surrounding beef trade that we shouldn't accept at face value. A closer look at the data shows America’s ranchers are the direct beneficiaries of international trade.