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
Livestock and government payments provide a boost, but crop receipts and rising expenses keep pressure on margins. Strong financial planning remains key in a volatile environment.
The USDA’s August Cold Storage report shows shifting stock levels across major dairy, meat, and poultry products.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
While treatable with a vaccine, anthrax is a dangerous threat to cattle herd health if not identified and treated immediately.
Smaller flocks and lower lay rates are pressuring table egg supplies, even as hatchery activity edges higher.
