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After years of liquidation, the U.S. cattle herd continues to contract. With drought still a driving force behind lower cattle numbers, market experts think cattle price could top previous price records set back in 2014.

It’s official. The 2023 cattle inventory report has been released. Here’s a look at how the totals compare to previous years and what we may expect from the industry going forward.

CattleFax shares expert market and weather analysis at the company’s recent outlook seminar, held as part of the 2023 Cattle Industry Convention in New Orleans.

On Thursday, Senators Deb Fischer (R-Neb.), Chuck Grassley (R-Iowa), John Tester (D-Mont.) and Ron Wyden (D-Ore.) reintroduced the Cattle Price Discovery and Transparency Act in the 118th Congress.

Has the ‘golden ticket’ to cattle feeding efficiency and carcass yield with reduction in methane gas emissions and wet waste been found? FBN, along with its partner, Boveta Nutrition, LLC, believe so.

“The goal is to all be here, have the kids here and to keep the ranch going,” says Sarah (Switzer) Sortum. Despite challenges, this family ranch has found ways to diversify and enable a future for generations to come.

The Senate on Wednesday confirmed Alexis Taylor for Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs. According to Taylor, her priorities include addressing export markets and food insecurity.

With Republicans now in control of the House, Rep. RandyFeenstra (R-Iowa) said he wants to introduce legislation shielding the stepped-up basis and like-kind exchanges.

Bar S Ranch was devastated by wildfire in December. The family lost 200 head of cattle, houses and barns. Grateful to be alive to share their story of survival, the family is thankful for donations and support since.