With domestic prices hitting record highs and global demand on the rise, the cattle industry is experiencing its strongest markets in decades.
The Farm Monitor takes us on a journey to explore how the next generation is leveraging this momentum to drive the industry forward.
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Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
With the latest detection just across the border, animal health officials on both sides are intensifying efforts to contain the outbreak before it spreads further north.
The USDA NASS report also confirms lower August placements.
