National Beef Month reveals record-low cattle inventory, which is driving high prices. Analysts expect no relief until next year.
The Virginia Farm Bureau gives us a look at how farmers are facing both challenges and opportunities as consumer demand remains strong despite increased costs.
Related Stories
“President Trump Undercuts America’s Cattle Producers,” says NCBA
NCBA CEO Colin Woodall says more conversations need to occur with stakeholders present surrounding President Trump’s proposal to lower consumer beef prices with Argentinian imports.
Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.
Cattle groups say additional imports would offer little relief for consumers but could erode rancher confidence as the industry begins to rebuild herds.
The USDA’s latest Hogs and Pigs Report caught some analysts off guard. Inventories came in lower than expected, signaling tighter supplies ahead, even as producers return to profitability this year.
The government shutdown has touched nearly every sector of the ag industry since it began, and now impacts are spilling over into dairy.