Current Progressive Cattle digital edition
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The novel coronavirus pandemic’s impact on the cattle market has been dramatic already. But that’s not the only threat to ranchers’ livelihood, according to Scott Williamson.

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The cattle and beef industry, along with the rest of the U.S. and global economy, is in uncharted waters with the coronavirus pandemic. There are many unknowns about the timing, severity and aftermath of the disease.

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Beef exports posted more modest growth in January, increasing 2.5% from a year ago in volume (107,374 metric tons [MT]) and 5% in value ($672.7 million). But beef muscle cut exports were the highest ever for the month of January at 81,342 MT, up 4% from a year ago, while muscle cut value increased 5% to $589.2 million.

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When it's time to buy a bull, ranchers prefer a one-on-one approach, according to a recent Progressive Cattle online poll.

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Editor's note: This article has been updated to include additional information.

The novel coronavirus, recently renamed COVID-19, has now been declared a pandemic by the World Health Organization. A pandemic is defined as an epidemic that has spread to multiple countries and continents.

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