Beef Prices Expected to Stay High

A quick trip to the grocery store’s meat aisle confirms beef prices are at record highs as packers scramble to find higher grade cattle.

2023 Cattle Prices Could Reach Records

Fed cattle prices are expected to range from $150 to $172 per hundredweight, averaging $158 for the year, up $14 from last year.

UPDATE: The Latest Regenerative Ag Trend: Criollo Cattle

Criollo cattle have adapted to dry rangelands and could help regenerate soil while needing less water and feed than other cattle.

Is the U.S. Cattle Oversupply Finally Cleared?

After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …

Update: Drought Worsening in U.S. West, Plains

Drought and an early fire season are threatening agriculture in the U.S. West and Plains, reducing hay yields, pushing feed costs higher, the Associated Press reported (July 26), and drying up water sources. Drought conditions …

FI Agriculture Recap: USDA to Provide $1B in Disaster Aid to Producers

Here’s a look at the latest in agriculture news from throughout the U.S. this week. … USDA announces more than $1B disaster payments: The USDA plans to begin distributing more than $1 billion in Quality …

Inside a $650M Ponzi Scheme Including Cattle

Two people are facing federal charges they bilked investors across the country in a $650 million Ponzi scheme involving bogus short-term cattle or marijuana investments. Reva Joyce Stachniw, 69, of Galesburg, Illinois, and Ron Throgmartin, …

Ag Update: 2021 Projections Largely Encouraging for Farmers

The U.S. could plant 92 million acres of corn, 90 million acres of soybeans, and 45 million acres of wheat in 2021, according to data presented at USDA’s Outlook Forum. That would represent an increase …

Cattle Producers Need Operational Certainty

The Food Institute Focus – Cattle Producers Need Operational Certainty