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Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years
Beef prices are at record highs as drought reduced cattle inventory to the lowest levels since 1951, with ground beef up 12.8% and steak prices rising 16.6% year over year.
For the week ending Sept. 20, western Canadian feeder markets traded steady to $5 per hundredweight lower compared to seven ...
Live cattle futures saw contracts steady to 75 cents in the red across most months on Wednesday. The Wednesday morning Fed ...
SIOUX CITY, Iowa (KCAU) — Cattle prices have hit an all-time high, with some local ranchers getting roughly $3,000 for a 600-700 pound cow. This comes as grocery stores see consumers preferring beef ...
The USDA Cattle on Feed report released Sept. 19 showed even lower inventory and placements than expected. University of ...
Rising corn prices have driven up the cost of feeding cattle, wiping out profits for feedlot operators and adding another element of uncertainty for West River ranchers looking to sell this spring's ...
The cattle market hit records numbers on May 12, with August feeder cattle futures reaching highs of $306.85. Not to be attributed to just one thing, this $6.50 surge is likely due to tandem effects ...
Scott Varilek with Kooima Kooima Varilek says it has been another volatile week in the cattle futures but they are still ...
The futures traded sideways in a choppy fashion for the week. The slide lower ended, but it was unable to finish with a strong rally either. A market near record highs kept the volatility ...
The number of cattle on feed around the country declined by 1%, according to the U.S. Department of Agriculture’s National Agricultural Statistics Service report issued in late January. The report on ...
A Loudon County farmer adapts to tough farming conditions, as agriculture experts highlight high equipment costs, tight ...
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