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.
December 04, 2024 12:02 PM
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RanchHER Jessie Jarvis is a third-generation Idaho cattle rancher and an esteemed figure in the ag industry and Western world. She seamlessly balances her roles as a business owner, influencer, podcast host, public speaker, rancher, wife and mother.
December 03, 2024 11:44 AM
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Janie spends a day-in-the-life with “Of the West” founder & influencer Jessie Jarvis, for a bit of work along the historic Oregon Trail.
November 25, 2024 02:54 PM
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RanchHERs Penny Kasun and Dani Jeanne Lawrence of 7-Up Ranch in Prescott, Arizona, joined us Monday on Market Day Report to discuss the next all-new episode of the show.
November 25, 2024 02:06 PM
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November 22, 2024 10:46 AM
Janie ventures to the desert in Prescott, Arizona for cattle branding at the 7UP ranch with Penny Kasun & Dani Jeanne Lawrence.
November 20, 2024 11:29 AM
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Janie camps out on the historic YP Ranch with the operation’s matriarch, RanchHER Renee Jackson, her family, and a talented crew of cowboys as they wrap up part of branding season on their remote and expansive operation located on the state line of Nevada and Idaho.
November 18, 2024 05:28 PM
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November 14, 2024 09:28 AM
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Janie camps out at the remote State Line of Nevada & Idaho with Renee Jackson, wrapping up branding season at the historic YP ranch.
November 13, 2024 11:20 AM
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