The size of the U.S. herd was a subject during a rare weekend Congressional hearing. The House Ways and Means Committee was in California, where a former NCBA president set the record straight on consumer prices.
“I’d like just to say real quickly for high retail beef prices, it has nothing to do with tariffs, it’s simply a supply and demand issue. We have the lowest beef herd since 1961 here in the U.S. Consumer demand even at the high retail prices, U.S. consumer demand hasn’t dropped one iota to my happy surprise, and it’s because of the quality of beef here in the U.S., so it’s not related to tariffs or anything else, it’s simple supply and demand and and we just need to grow our beef for a little bit more,” said Kevin Kester, NCBA Past President & California rancher.
The newly reinstated July inventory report offered little hope that it will happen anytime soon. It shows a downward trend all across the board. All cattle and calves are down one percent. Steers are also down, dropping one percent on the year.
The number of cattle was also in the red. Inventory is down two percent on the year. Steers and steer calf numbers gained a percent during the same time. The number of heifers and heifer calves fell five percent from last year with placements down eight percent.
Dr. Deb Vnoverbeke, UNL’s Head of Animal Science, joins us with more about the university’s experiential learning programs designed to prepare veterinary students for the future of agriculture.
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While agriculture doesn’t predict every recession, the sector’s long history of turning down before the broader economy
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USMEF’s Jay Theiler discusses his leadership role in representing U.S. beef and pork and provides an update on this week’s conference in Indianapolis.
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USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
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Expanded aerial capacity strengthens the U.S.–Mexico buffer against screwworm, providing cattle producers with stronger protection heading into winter and reducing risk to herds along the southern tier.
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FD-TV’s own Tammi Arender caught up with Gregg Doud, President and CEO of the National Milk Producers Federation.
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