NEWS

There is a reason green is the “lucky color” during the month of March for most cattle producers. Cool-season forages are about to reach their peak production for the year, and many producers are enjoying the benefits of high-quality forage for their herds.

Beef production in 2021 is expected to total 27.95 billion pounds, up 55 million pounds from the previous month’s forecast. This increase is driven by a more rapid pace of cow and bull slaughter as well as by heavier cattle dressed weights.

Meat-packing giant JBS announced Feb. 1 that it has agreed to pay $52.5 million as a settlement against claims of beef price fixing.

The beef industry is slowly embracing reproduction technologies like embryo transfer, estrus syncing and A.I., and the brave souls who use A.I. have two choices: Do it yourself or hire a professional. 

In his grain and energy outlook presentation at the National Cattlemen’s Beef Association Cattle Industry Convention in Houston, CattleFax analyst Mike Murphy outlined three key components of the current and future market situation.