Tag: cattle

Expect Surging Beef Prices to Continue

It is an expensive time to be a carnivore with beef prices surging. Retail beef prices are sizzling despite an overall (and very much welcomed) downturn in the overall prices of food as the holidays …

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.

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 …

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, …