The nation hasn’t seen such a small beef cow herd in decades. Now many producers who survived the recent drought are focused on rebuilding. The question is, how long will it take?
The monthly average price of corn received by U.S. farmers exceeded $4.00 per bushel for 46 consecutive months from September 2010 through July 2014. The simple average of those monthly prices was $5.85, in a range of $
With cattle numbers still growing, cattle feeders have continued to move larger supplies of cattle through feedlots in a very timely manner.
Meat shoppers will have more reasons than ever to steer clear of steaks as the cost of U.S. beef rises to a record compared with pork.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Cattle futures contracts are on the decline and so is the expected revenue for cattle feeders this summer.
Fed cattle reached new record highs this week.
The average price of choice beef at retail during November was $6.213 per pound. This was down 1.8 cents from the month before and down 9.0 cents from a year ago.