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.
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Variety meat demand is helping offset weaker beef exports.
