Wall Street Surges on Rate Cut Expectations as Nasdaq, S&P 500 Hit Record Highs Wall Street is buzzing with what one analyst called “rate cut fever.” All three major stock indexes soared to record highs last week, as markets continue to price in upcoming action from the Federal Reserve. “All three major stock indexes hit new record highs last week. …
Butter Price Continues to Drop
Butter Prices Drop to 4-Year Low Ahead of Holiday Season Butter prices have fallen to their lowest level since November 2021, closing at $1.96 1/2 per pound on Wednesday. This unexpected dip comes just as the market typically gears up for increased seasonal demand. According to Ever.Ag dairy analyst Katie Burgess, the decline defies seasonal patterns and raises major questions: …
Fresh Pork Expected to Be More Price-Competitive with Beef and Chicken
Fall Pork Outlook: Tighter Supply, Competitive Prices, and Pork Month Demand As the fall season approaches, the pork industry is bracing for tight supplies and shifting market dynamics. According to a new report from the National Pork Board, pork is expected to remain a price-competitive protein option for consumers, even as production lags behind expectations. “A National Pork Board report …
Consumers Shrug Off High Beef Prices
Despite Record-High Prices, U.S. Beef Demand Remains Strong In a surprising shift from typical market behavior, U.S. beef demand is defying economic expectations. While record-high retail prices for most products often lead to a significant drop in demand, beef continues to sell at strong levels, even as prices climb. “When retail prices for any product reach record-high levels, the demand …
Florida Beef Council Hosts Primal Breakdown Training
Florida Beef Council Hosts Hands-On Beef Workshop at Cattlewomen’s Short Course The Florida Beef Council recently held a workshop aimed at educating consumers on how to make the most of their beef purchases amid rising prices. The event was part of the Florida Cattlewomen’s Beef Cattle Short Course and drew over 100 enthusiastic participants. We spoke with DM Maples of …
Review of the August Cattle on Feed Report
USDA August Cattle-on-Feed Report Reflects Tight Supply and Strong Fed Cattle Prices The U.S. Department of Agriculture (USDA) has released its August Cattle-on-Feed report, and the data points to tightening cattle supplies and continued strong beef demand. USDA Livestock Analyst Anthony Fisher offered detailed insights into the current market dynamics. “On August 1st, the number of cattle on feed in …
Cattle on Feed Report
U.S. Cattle on Feed Inventory Expected to Hit Lowest Levels Since 2017 Pre-release estimates suggest a significant drop in U.S. cattle on feed inventories, potentially reaching the lowest level since 2017. According to analysts, the average estimate shows total cattle on feed down 2% from the same time last year. This expected decline continues a seasonal trend typically seen during …
Study Finds No Causative Link Between Beef and Obesity
Texas Tech Study Finds No Link Between Beef Consumption and Obesity A new peer-reviewed study funded by the Beef Checkoff and the Texas Beef Council offers promising news for beef lovers: there is no significant link between beef consumption and obesity. The research, conducted by scientists at Texas Tech University, aimed to evaluate the full scope of scientific literature available …
USDA Releases Milk Production and Price Forecast
USDA Forecasts Higher Milk Production for 2025 and 2026 The U.S. Department of Agriculture (USDA) has released its latest projections for milk production in 2025 and 2026, signaling continued growth in the U.S. dairy industry. According to World Agricultural Outlook Board Chairman Mark Jekanowski, updated milk production reports and key economic factors have driven the USDA to raise both near- …
Dairy Checkoff Champions “First 1,000 Days Strategy
Dairy Checkoff Launches “First 1,000 Days” Campaign to Promote Early Brain Development The Dairy Checkoff is focusing on the earliest and most crucial stage of human development with the launch of its “First 1,000 Days” campaign, a science-based initiative that underscores the essential role of dairy in brain growth and cognitive development from conception to a child’s second birthday. This …