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Given market fundamentals of supply and demand, it would appear cattle are being undervalued in today’s market.
Cow herd expansion appears to be on the rise.
Retail beef prices have come up in the past month, but they are down from last year.
USDA has increased its forecast of U.S. beef production.
The beef business is a long-term business, and producers need to gauge their production against solid indicators that can help them set or modify production goals.
Can changes to a cow’s energy intake during the second trimester enhance the quality of beef her offspring will produce? What effect might it have on the reproductive ability of the cow’s offspring?
News that U.S. beef and cattle prices hit record high prices early in the new year is a good sign for producers and even some consumers.
Change and volatility are commonplace in today’s agricultural markets, and those trends have been no different in cattle marketing for nearly 20 years.
The live cattle market should begin creeping up the next several weeks as it searches for its fall high which precedes the holiday season.
Increased U.S. beef production and lower cattle prices are reversing the trend of recent years, where beef exports decreased as record high prices rationed demand in both domestic and international markets.