The July USDA Cattle on Feed report shows July feedlot inventories of 11.29 million head, down 1.3% from last year and down 1.7% compared to 2019.
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A long-term decline in red meat production, sparked by lower cattle numbers and higher grain prices, should set the pace for better calf prices heading into 2022, according to Randy Blach of CattleFax.
U.S. Ag Secretary Tom Vilsack recently announced the USDA’s plans to conduct an in-depth review on “Product of the USA” labeling requirements, following a Federal Trade Commission (FTC) vote to strengthen enforcement of the “Made in USA” standard.
Bahiagrass is a warm-season perennial grass widely used in the Coastal Plain region of the southeast U.S. for forage production.
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