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.
Related Stories
The fifth-generation operation continues balancing family tradition with a focus on growth and sustainability.
The Nevada cattle operation continues focusing on sustainable land management for future generations.
Dr. David Anderson says lean beef demand and lighter cow culling are still giving cull cow prices room to push higher.
The inverted Choice-Select spread is not a strong warning sign in today’s tighter, higher-quality beef market, according to new analysis from Terrain.
Based on USDA data compiled by the U.S. Meat Export Federation, pork exports increased by six percent in March compared to the previous year, while beef exports weakened overall.
New trade access, tariff concerns and international negotiations are reshaping the global beef market.