Continued good demand is being found for both feeders and calves across the country. Mark Oppold looks at how cattle sold during a recent sale.
Forecasting Profitability in the Cattle Industry
During the recent Cattle Industry Convention in Orlando, CattleFax noted the smallest beef cow inventory in the last 50 years, coupled with historically strong demand, led to those higher average fed cattle and calf prices in 2023. And as reduced cattle numbers and beef production continue over the next three years, they note leverage and profitability will continue to favor cattle producers. …
New NCBA President Says Death Tax, Farm Bill Important for 2024
The National Cattlemen’s Beef Association (NCBA) has a new president. Wyoming rancher Mark Eisele was handed the gavel during the 2024 Cattle Industry Convention, held last week in Orlando, Florida. Eisele says his focus during his time as president is to advocate for opportunities to strengthen the industry for future generations. “It’s a crying shame we have to keep revisiting …
Cattle Producers to Discuss the Death Tax
The 2024 Cattle Industry Convention and NCBA Trade Show officially kicks off today and runs through February 2 in Orlando. Various issues will be discussed during CattleCon24, with one of those being the death tax. The National Cattlemen’s Beef Association (NCBA) strongly supports the Death Tax Repeal Act, led by Reps. Randy Feenstra of Iowa and Sanford Bishop from Georgia. The Senate companion bill is …
Traders Waiting on Fed, Corporate Report
This is a big week for reports that traders on Wall Street are waiting to see. Mark Oppold has more on that and about the Fed meeting taking place right now.
CattleCon24 Starts Wednesday in Orlando
Even if you didn’t pre-register for the 2024 Cattle Industry Convention and NCBA Trade Show , you are still being urged to attend as registration is available at the event. CattleCon24, the cattle industry’s largest event of the year, kicks off Wednesday, January 31st and runs through Friday, February 2nd in Orlando. There will be a variety of educational opportunities including …
USDA Announces Remote Beef Grading Pilot Program
Many producers have found added value for their cattle through marketing freezer beef in their communities. Until now, though inspected for sale by USDA, those locally slaughtered cattle have been left without valuable quality grades. Following a recent feasibility study, USDA has announced a pilot program for remote beef grading. United States Secretary of Agriculture, Tom Vilsack, announced the remote …
NCBA Keeps Close Eye on Proposed USDA Rulemaking
National Cattlemen’s Beef Association (NCBA) Vice President of Government Affairs, Ethan Lane says he’s keeping an eye on proposed USDA rulemaking for the beef industry. “We’re watching with some concern some of what we’re seeing coming out of USDA. Obviously, they continue to be very focused on what they’re calling their competition agenda,” he said. Lane said NCBA believes that competition …
Expanding Red Meat Exports in the Coming Year
by Will Jordan Part two of the conversation with Randy Spronk, a Minnesota crop and livestock producer and current chairman of the United States Meat Export Federation (USMEF). Join us as we discuss the growth and impact of red meat exports across the U.S. livestock industry and USMEF’s strategy for export market diversification and expansion in 2024.
Adding Value in Foreign Markets
Value on the hoof correlates to value on the rail, the United States Meat Export Federation (USMEF) knows this best. Working closely with producers, livestock trade organizations, and the USDA, USMEF works hard to ensure that U.S. protein is found center-plate around the world. Access to foreign markets for U.S. red meat is vital for the livestock industry. Randy Spronk, …