NEWS

One estimate that analysts like to calculate from the Cattle Inventory report is feeder cattle supplies outside feedlots as of Jan. 1.

Cattle inventory liquidation over the past three years – to the sum of almost 3 million head – has created a tighter supply of beef cattle going into 2022, and price dynamics will keep paying off for the industry.

After two years of La Nina weather patterns, a neutral year is hopefully on the horizon. Meteorologist Matt Makens presented the weather outlook for the CattleFax outlook seminar at the National Cattlemen’s Beef Association (NCBA) Cattle Industry Convention in Houston.

Farmers and ranchers now can anonymously report potentially unfair and anti-competitive practices in the livestock and poultry sectors using an online tool the USDA and Department of Justice (DOJ) launched Feb. 3.

Drought is expanding in the country. While much of the Intermountain West, the Southwest and parts of the Northern Plains have been in drought for much of the past 18 months or more, drought is expanding dramatically now in the Central and Southern plains.