Slow-moving feedlot dynamics in the cattle markets
Cattle herds have felt a total reduction in calf production of 2.72 million head in that six-year period.
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Cattle herds have felt a total reduction in calf production of 2.72 million head in that six-year period.
2024 marks the fifth year of declining cattle inventory in the USA.
Inflation is declining, which in turn is helping to lower the value of the dollar, which in turn lowers the cost of U.S. goods in the export market, explains Randy Martinson of Martinson Ag Risk Management.
Ranchers near Halsey are praying for the future, after 13,000 acres of drought-stressed grass was consumed by a wildfire.
Livestock Outlook: Stiff competition for land may curtail future growth of the Iowa beef cow herd. Some contraction may lie ahead.