R-CALF: Why Aren’t Beef Prices Following Cattle Prices

A bipartisan effort is underway in Washington D.C. to manage what some have called a food crisis when it comes to the prices livestock producers receive. R-CALF USA CEO Bill Bullard said consumers are paying rapidly higher prices at the store, but cattle prices are collapsing. “Beef prices should follow cattle prices and vice versa, […]

Jekanowski Expects Higher Steer Prices

World Board Outlook Chair, Mark Jekanowski, said there were pretty small changes in USDA’s beef production forecast. “What we’re seeing there is an increased slaughter forecast for the second half of the year being largely offset by lighter carcass weights.” He said the situation with pork is a bit different. “We pulled back our pork […]

Beef Counts Celebrates 10 Years Of Helping Washingtonians In Need

It’s been ten years since Washington’s beef community began Beef Counts, the beef community’s effort to help fight hunger across the Pacific Northwest. Branden Spencer, a 4th-generation farmers in the Ritzville area said it’s important that Washingtonians see that those who work in the beef supply chain want to help their neighbors in their time […]

What Does USDA Expect For Food Prices in 2021?

The USDA anticipates when we close the books on 2020, food shoppers will see a year-over-year grocery price increase between 2.5%-3.5%. But, when it comes to the 2021, USDA anticipates some wild swings, and unpredictability. Why? USDA Economist, Carolyn Chelius blames the supply chain disruptions this year. And so we’re expecting that food at home […]

USDA: Retail Beef Supplies Improving

Beef supply numbers are rising to levels we have not seen for several months. After April and early May’s meat processing plant closures and slowdowns things began to turn around, “We began to see more and more plants coming online, we began to see more resilient speeds.” said USDA livestock analyst, Shayle Shagam. He added […]

More Cattle In Feedlots Than Expected In November

Most private cattle trade analysts expected the USDA’s most recent cattle on feed report to show November cattle placements in feedlots to be only about 1% higher year over year.  What they got was a placement number 5% higher than a year ago just under 2.1 million head leaving cattle feedlot inventories on December 1st, 2% […]

What Can Beef Producers Expect Into 2020?

The USDA’s cattle forecast moved higher in most meat categories this year.   “For meat production for 2019 basically all we’re going is true-ing up our estimates based on more recent data,” said acting World Agricultural Outlook Board Chair, Mark Jekanowski.   He added 2020 meat production numbers both rose month-over-month and year-over-year; despite a […]

Analyst Feels U.S. Cattle Industry In A Good Position

The ongoing trade war with China, and other trade disruptions are weighing on the minds of many, if not everyone in Ag.  But veteran global market analyst, Dan Basse said the American meat industry is bullish, and at some point that’s going to start impacting the markets.   “The cattle industry is in a good […]

Beef Prices Moving Higher

U.S. beef production continues to grow, but consumer demand for that beef is also on the rise.  This is making for higher prices for beef cattle producers and for food shoppers.  According to cattle prices may average about 1% higher year-over-year.  And for 2020 those prices could increase by more than 2%. Now what about […]

U.S. Cattlemen’s Association Wants “Transparency Summit”

Late last week, the United States Cattlemen’s Association sent letters to the USDA and the Commodity Futures Trading Commission.  The USCA is requesting each department to bring together cattle market participants and stakeholders to discuss concerns related to price transparency and true price discovery.  The letters were specifically addressed to USDA Secretary Sonny Perdue and […]