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What number of beef processors would resolve producer concerns about “lack of competition?” Should meat processing be different than other industries?

Phase 2 is targeted to those who suffered losses in 2020 and 2021 but may not have received any payments under Phase 1. With Phase 2 underway, USDA said that the signup deadline for Phase 1 ERP will now be Dec. 16.

Drought continues to impact ranchers on the Northern Plains. Fall and early winter grazing can impact the subsequent year’s production if grazing use is close to severe.

Today’s weekly slaughter is much more robust than in 2015 and cattle supplies are at least adequate for the short term. Yet fed cattle numbers will certainly tighten as we move into 2023 due to the shrinking cow herd.

Global demand for U.S. beef has been robust in 2022, providing increased value for both cattle producers and processors that export beef.

Cattle producers liquidated their herds with drought hitting cattle country. They also faced poor pasture and winter wheat conditions. So, what does that mean for the fall cattle run and the market outlook?

USDA announced on Tuesday a $24 million investment to “teach and train” beginning farmers and ranchers through NIFA’s Beginning Farmer and Rancher Development Program (BFRDP).

The farm bill debate depends in part on who controls the House because leadership of the Ag Committee would see definite changes if the GOP wins.