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
The latest Meat Demand Monitor shows strong retail demand for beef products like ribeye steaks and ground beef.
Egg production accounted for much of the increase.
Mike Wilson says years of hard work and stewardship helped transform the farm for future generations.
Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations.
Farmdoc economist estimates 2024 colony stock losses at roughly $175 million, with rebuilding and renovation costs near $161 million.
For dairy producers, that could help support fluid milk use in cafeterias, breakfast programs, and other child nutrition settings.
