“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.
In a special interview with AgriTalk’s Mike Adams, Chris Arnold, communications director for Chipotle, explains their quest for responsibly raised beef.
U.S. beef prices are up 74% since 2009 to the highest on record, after a seven-year decline in the herd left the fewest cattle in at least six decades.
The cash-led bull market continues, with both fed cattle and feeder cattle posting sharp gains. Live cattle and feeder cattle futures also recorded advances, but still trail cash bids.
Profit margins for both beef and pork producers moved slightly higher last week, ending a month-long downward trend. Both sectors remain solidly profitable.
Stocker and feeder cattle were called unevenly steady to $3 per cwt. higher for the week, though prices on popular weights leveled off after last week’s rally.
Cattlemen and women gathered today at the 2014 Cattle Industry Convention and National Cattlemen’s Beef Association Trade Show to hear CattleFax market analysts’ projections for the year ahead.