The roller coaster we call the cattle markets are providing a heart-stopping ride, thanks to fears of the coronavirus (COVID-19) and the Russia-Saudi Arabia oil price war. In the U.S., broad market fears started with coronavirus news related to beef exports, which were impacted by the virus. Other global markets also responded with a knee-jerk reaction, which is leading to a possible global economic slowdown. Add…Read More
By Paul Dykstra Stepping into another year and another decade provides opportunity to analyze both short- and long-term impacts to the beef business. It’s often the short term that shapes our attitudes on the market, but the trends across a decade or more give shape to where the beef industry is actually headed. Fed cattle supplies crept slightly higher again in 2019, a culmination of the…Read More
By : Abbie Burnett Why cattle ranchers have one of the most positive outlook “Economic and political order has become disorder,” said AgResource president Dan Basse, in market analysis comments at the 2019 Feeding Quality Forum in Amarillo, Texas. In a third of the world’s economies today, Germany included, banks charge you to keep money in savings “—you pay them, they don’t pay you. How many…Read More
Danielle Beck, director of government affairs for the National Cattlemen’s Beef Association, used remarks at a public meeting to advocate for U.S. Department of Agriculture (USDA) oversight of lab-grown fake meat products. Hosted by the Food and Drug Administration (FDA), the stated goal of the public meeting was to provide interested parties and the public with an opportunity to comment on the technology and regulations related…Read More
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