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USDA raised its consumer food price forecast again, to 8.5% to 9.5% for 2022. The agency had initially predicted a 2% to 3% rise in prices. Eggs, fats and oils, and poultry prices are making the biggest gains.

Drought impacts have accelerated sharply in the southern plains in July, with the volume of feeder cattle in Oklahoma auctions up 24% the last two weeks and the volume of cows and bulls up nearly 124%.

Cash cattle prices declined a dollar or more in all regions last week with packer demand noticeably softer than the week before.

Nothing says county fair week like a hot forecast. Don’t forget to prepare for the heat your animals will face at the fair.

Environmental and advocacy groups are urging the Environmental Protection Agency (EPA) to use its authority to conduct more oversight of Concentrated Animal Feeding Operations (CAFO).

“We have tried to work constructively with the Mexican government to address these concerns, but, unfortunately, U.S. companies continue to face unfair treatment in Mexico,” said Ambassador Tai.

USDA’s mid-year inventory is the smallest since 2015 with beef cow herd down 2.4%. Cattle on feed inventories unchanged from last year at 13.4 million.

Truckers protesting California’s new “gig worker” law blockaded the state’s third-busiest seaport for a second day on Thursday, stalling agricultural exports and threatening to worsen U.S. supply chain backups.

As Cattle on Feed and Cattle inventory reports release today, economist Kevin Coburn shares his expectations and how the numbers might affect the cattle cycle.

The lawsuit claims the EPA failed to “fully assess” the affect increased corn for ethanol production will have on endangered species, including land conversion and increased fertilizer and pesticide use.