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.
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Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Lamb prices have seen a surprising surge driven by a tight supply and increasing demand in non-traditional markets.
“We believe that it is just a matter of days or weeks... before we see New World screwworm in Texas.”
Farmers may benefit from higher turkey prices this holiday season, but risks from HPAI and limited poult placements could further strain the supply.
