Beef and cattle prices dropped this past week, but it's still a profitable time to be in the beef industry.
The recent price pressure is not necessarily a bad thing as it may benefit packers and feedlots alike down the road.
By the numbers, cattle producers with summer stockers and cow-calf operations should be experiencing a bit less stress about the market this year.
August exports of U.S. pork and beef muscle cuts were above last year's strong volumes, according to data released by USDA and compiled by the U.S. Meat Export Federation.
Cattle feeders continue to find modest positive margins on cattle marketed, despite a significant year-over-year decline in cash fed cattle prices.
The volume of cattle and calves sold the week ended Jan. 13 was called the second largest in five years, with prices steady to uneven.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.