The optimism for better cattle prices is carrying over into the new year.
Despite recent price declines in the market, the National Cattlemen’s Beef Association says the long-term outlook for cattle prices remains positive. The President of the group tells Brownfield Ag News that it provides a glimmer of hope when farmers are out taking care of their livestock in sub-zero temperatures. It is also creating opportunities for the next generation of agriculture.
NCBA says new farmers have a better chance of getting loans right now due to a more-than-likely positive return on investment.
Related Stories
Farm CPA Paul Neiffer says producers forced to sell livestock due to drought may have several tax options available.
Ted Odle discussed buyer demand, current pricing trends and upcoming summer and fall cattle offerings.
The dairy industry continues adapting to changing consumer habits and evolving labor technology.
NPPC President Rob Brenneman says rising fuel and input costs are creating pressure across pork production despite steady trade.
With U.S. cattle supplies already tight, drought response remains a long-term supply issue.
Shrinking Select beef supplies are continuing to reshape cattle pricing and beef demand trends.
