Source: Beef Cattle Research Council, www.BeefResearch.ca
In the dynamic world of cattle production, producers constantly face challenges that test their resilience. One such challenge for many beef producers this year is drought and higher feed costs. When water becomes scarce,...
One of the weirdest things about this year is the pronounced decline in social media participation. Some of it has to do with a certain multibillionaire making odd decisions about a particular platform. But something else is going on,...
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...
There hasn’t been a noticeable shift in the underlying trend of farmland values in the first half of 2023. Even if higher interest rates are slowly eroding buyers' purchasing power, limited availability of farmland for sale is generally still...
Source: Beef Cattle Research Council, www.BeefResearch.ca
Producers who background and finish beef cattle have learned a lot over the past quarter-century thanks to research, including acquiring a better understanding of how nutrition plays into maintaining the health of the animals...
CME: Live Cattle (LE), Lean Hog (HE)
Last month, the Bureau of Labor Statistics (BLS) reported that US inflation on food items was 5.7% in June, exactly half of its peak of 11.4% in August 2022. Food inflation is at...
Source: www.BeefResearch.ca
Across the prairies, many producers are facing extreme drought conditions. As many regions start to declare agricultural states of emergency, and with little rain in the forecast, it can feel as though producers are faced with making immediate...
When you drive down the road and see a herd of cows, you probably don’t realize that you’re also looking at a group of dollar signs walking around in the grass. Cows are very important for food and milk production,...
The USDA’s Partnership for Climate-Smart Commodities program represents an investment of over $3.1 billion into US agriculture. The statistics for the program huge: USDA selected 141 proposals from corporations, non-profits, and universities were selected to study ways to increase...
by Bradley Zwilling, Illinois FBFM Association and Department of Agricultural and Consumer Economics, University of Illinois
Total economic costs in 2022 for Illinois beef feeding enterprises exceeded total returns by $25.41 per 100 pounds of beef produced in preliminary findings for...
