USDA is discussing why it is reinstating some key reports that the previous administration cut.
Last week, the Department said that it would bring back the July Cattle Inventory Report, which the Biden USDA cut due to budget constraints. The department’s statistics arm explains why the reports are necessary and who benefits from them.
According to Troy Joshua with USDA NASS, “The July Cattle, the individuals that use that data are livestock producers and meat industries, helping the ranchers, feed lot operators, and processors plan for the herd management, procurement, and prices based on cattle and supply trends. Market analysts and traders they review and they look at that information, forecasting beef prices, supply trends as well. Policymakers and agribusinesses also utilize that data as well, and that’s just July Cattle.”
Joshua says that the USDA will also reinstate the May County Estimates Report.
Officials say the FDA-approved generic drug kills most screwworm larvae within hours of administration. The medication is available in two dosage strengths and is administered based on an animal’s weight.
Secretary Brooke Rollins announced the distribution of a comprehensive memorandum on Friday in Fort Worth, at RFD-TV’s Rural Town Hall presented by the Western Caucus Foundation.
AFBF Economist Nelson joins us to discuss sterile fly production, producer biosecurity practices, veterinary coordination, and potential financial tools to support livestock operations as eradication efforts continue.
Dr. Stephanie Mercier, Senior Policy Adviser for the Farm Journal Foundation, discusses USDA’s New World Screwworm eradication, sterile fly production, trade restrictions, biosecurity, and the path ahead for U.S. cattle producers.
On a year-over-year basis, final demand prices are up 6.5 percent, the largest annual increase since late 2022.
Fir Ridge Holstein Farm continues to embrace new technology while raising registered Holsteins.