In honor of National Beef Month, we want to check in with a former U.S. Army Ranger turned rancher who is on a mission to not only to bring premium beef to consumers, but also to save independent farms from disappearing.
Founder of KC Cattle Company, Patrick Montgomery, spoke with RFD-TV’s Tammi Arender on his ag journey, the power of direct-to-consumer food, and going viral with wagyu hot dogs!
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Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.
Tight feeder supplies and lower placements indicate continued support for the cattle market, with regional impacts heightened in Texas by reduced feeder imports.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
Lower milk prices may pressure margins, but strong cattle values could soften near-term financial impacts.
The Pet and Livestock Protection Act now moves to the Senate for consideration.
Analysts say that while low-income households are facing financial pressures, other middle- and higher-income consumers are helping fill the gap for retail beef demand.