Despite recent issues, cattle producers are holding steady right now.
One rancher says there is still money to be made, but notes it has been difficult.
“We continue to face extreme costs as it relates to fertilizer, of course, our insurance, and just anything you touch that’s in our space. Fortunately, good Lord willing, and that the creek doesn’t rise, we’ve got unbelievable markets right now,” said Carl Ray Polk.
Polk says his costs have risen consistently over the last few years. Market access has been a concern for some beef producers, with China now largely removed from the U.S. market.
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Higher placements lifted feedlot inventories, but slower marketings point to continued tightness in finished cattle movement.
England Cattle Co. in Mercedes, Texas, is coming off a highly successful production sale.
Tight cattle supplies should keep beef prices supported, while dairy, pork, and poultry are poised for greater production growth.
China’s pledge is supportive, but producers need confirmed sales and shipments before counting it as stronger export demand.
Cattle producers met with lawmakers to discuss the issues continuing to impact ranchers across the country.
Founder Jon Mollhagen says automation continues playing a larger role in reducing labor demands and animal stress.
