The cattle economy has seen a strong few weeks in the market. Western Livestock Auction, which has been in business for three decades, says they’ve never seen as many cattle as they did last week at the Oklahoma National Stockyards – and yet prices remain strong. This puts producers in a bit of a tricky situation, as they weigh the cost-benefits of holding onto cattle or selling them.
And those green pastures are prevalent across a large portion of the country: the latest USDA crop progress report rated national pastures at 46 percent good-to-excellent.
Related Stories
Sen. Deb Fischer reintroduces the HAULS Act to update hours-of-service exemptions and definitions affecting livestock and agricultural haulers. She joins us on Market Day Report to share more about her proposed legislation.
The U.S. Meat Export Federation plans to expand its global market presence in the New Year and says it is focusing its appeal on the growing middle class worldwide.
New World Screwworm cases in Mexico, including one within 200 miles of the U.S. border, are adding pressure to livestock markets and trade decisions.
Preserving equity through active risk management remains critical in a volatile, supply-driven market.
Bigger cows must wean proportionally heavier calves to justify higher ownership costs.
Lily Pryer’s passion shows how National FFA members are making an impact in classrooms and communities all across Rural America.