Herd Size
Although warning signs are emerging, economists say record-high beef prices could hold for up to two more years. Tight supplies and strong demand continue to drive the market, but economists and producers are apprehensive with talks of reopening the border.
The January 1, 2024, beef cow herd inventory was 28.22 million head, down 2.5 percent year over year and a decrease of 3.47 million head or 10.9 percent lower, from the cyclical peak in 2019.
Scott Brown, a professor at the University of Missouri, shares what he’s seeing in the beef, pork and dairy sectors
USDA is Discontinuing A Major Cattle Report, And it Could Now Spur More Volatility For Cattle Prices
USDA National Agricultural Statistics Service (NASS) announced it’s canceling the July Cattle Inventory Report. In the announcement, NASS blamed budget cuts from the most recent appropriations bills.
From the intense heat in the South to drought blanketing much of the U.S., weather stole headlines again in 2023. What caused such extreme conditions? One meteorologist explains the culprits of the heat and drought.