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Where is the beef industry headed in the next decade? That question is at the forefront of producer concerns as the global beef market expands and changes at a rapid pace, and for a forward-thinking producer, staying tuned for those changes is a must.
The financial success of your operation depends on one day of the year. We ask a cow to gestate for nine months, lactate for seven months and recover from calving in 45 days to maintain one calf per calendar year.
The latest Cattle on Feed report showed a Sept. 1 feedlot inventory of 11.125 million head, a record for the month since the current data series began in 1996. The Sept. 1 inventory was 105.9 percent of one year ago.
This article is the first in a two-part series.
I meet ranchers and farmers who are in the fifth or even sixth generation. I have met a few with double-digit generations.
As the country continues its vicious cycle over immigration and labor needs, including its impact on agricultural industries, it seems many in the beef industry continue to look away.
Today’s cattlemen and women are well aware of the ever-increasing risks that could affect profitability. But when managing risk, there are still misperceptions around futures contracts.
In July, the USDA National Agricultural Statistics Service (NASS) released the midyear Cattle report, which provided a snapshot of U.S. cattle inventory, as well as a glimpse into cow-calf producers’ indications for retaining heifers.
In the most recent data, the occupational fatality rate for workers in the beef industry (including feedlots) was 116 fatalities for every 100,000 workers.
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