A bipartisan group of Senators have introduced the Cattle Price Discovery and Transparency Act of 2023. The group includes Senator Chuck Grassley, along with fellow Republican Deb Fischer, and Democrats Ron Wyden and Jon Tester. The lawmakers say the legislation would restore transparency and accountability in the cattle market by establishing regional cash minimums and equipping producers with more market …
CattleFax Forecast for Producer Profitability in 2023
The CattleFax Outlook Seminar at the annual Cattle Industry Convention in New Orleans dug into expert market and weather analysis for the coming year. Prices and profitability will again favor cattle producers in 2023. The cattle industry came into the year with the smallest cattle supply since 2015, as drought caused the industry to dig deeper into the supply of …
January 1 Cattle Inventory Down 3 Percent
The U.S. Department of Agriculture (USDA) released their annual Cattle Inventory Report, and it shows as of January 1, 2023 all cattle and calves in the U.S. totaled 89.3 million head, 3 percent below the 92.1 million head on January 1, 2022. All cows and heifers that have calved, at 38.3 million head, were 3 percent below the 39.4 million …
Georgia Beef Board Excited about The Beef. It’s What’s For Dinner. 300
For the third year in a row, Daytona International Speedway will partner with Beef. It’s What’s For Dinner to sponsor the 42nd season-opening race for the NASCAR Xfinity Series – The Beef. It’s What’s For Dinner. 300. The race is scheduled to kick off the season on Saturday, February 18th at Daytona International Speedway, the day before the 65th annual DAYTONA …
2023 Dairy Margin Coverage Deadline is Tuesday
The U.S. Department of Agriculture (USDA) wants to remind dairy producers the extended deadline to enroll in Dairy Margin Coverage (DMC) and Supplemental Dairy Margin Coverage (SDMC) for program year 2023 is Tuesday, January 31st. DMC is a voluntary risk management program that offers protection to dairy producers when the difference between the all-milk price and the average feed price (the margin) falls below a certain …
Livestock Auction Holds First Major Sale of the Year
Thirty-three states were represented as a livestock auction held their first major sale of the year. Mark Oppold has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
It Could Be Another Year of Declining U.S. Meat Production
2023 could bring another decline in overall U.S. meat production. Gary Crawford has more on this story. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
U.S. Cattle on Feed Down 3 Percent
A new USDA Cattle on Feed Report indicates the cattle herd continues to shrink. The number of cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head was 11.7 million head on January 1st, 3 percent below January 1, 2022. The inventory included 7.03 million steers and steer calves, …
USDA Seeks Comment on Proposal to Strengthen Animal Disease Traceability
USDA’s Animal and Plant Health Inspection Service (APHIS) proposes to amend animal disease traceability regulations and require electronic identification for interstate movement of certain cattle and bison. APHIS is also proposing to revise and clarify record requirements. The changes would strengthen the nation’s ability to quickly respond to significant animal disease outbreaks, according to USDA. Animal disease traceability, or knowing …
Keeping an Eye on the Livestock Trade
As trading continues today, some eyes are watching what is taking place in the livestock trade. Mark Oppold has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024