By Ryan Hanrahan, University of Illinois' FarmDoc project
The United States Department of Agriculture this week raised its fiscal year 2024 agricultural export and import forecasts by $1 billion each, holding steady its estimate of a $30.5 billion U.S. ag...
Source: USDA
Summary
Beef/Cattle: Drought continues to have a role in the timing of cattle slaughter. Based on stronger expected pace of fed cattle and beef cow slaughter in late 2022, the production forecast for this year is fractionally higher than last...
Derrell Peel, Extension livestock marketing specialist at Oklahoma State University, says the increase in cattle prices this year actually started last year, as cattle numbers dropped. The midyear 2023 cattle inventory report showed the national cow herd is still...
