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Beef industry benefiting from high cattle prices, and despite inflation consumer demand remains strong

Although high cattle prices mean higher prices at the grocery store, consumer demand remains robust, agricultural economists say.

United statesNew mexicoColorado state universityGrand junctionRocky mountainJanie vanwinkleErin karneyJane evans corneliusAmanda hilbrandsTim ritschardKatelyn mccullockJake mccullahTodd ingleeRobert adamsDaniel mooneyHelenh richardson

Beef industry benefits from high cattle prices; consumer demand robust

After weathering the pandemic, ranchers are getting top dollar for their cattle due to one of the smallest national herd sizes in decades.

United statesRocky mountainColorado state universityNew mexicoGrand junctionRobert adamsJanie vanwinkleTim ritschardJake mccullahTodd ingleeAmanda hilbrandsKatelyn mccullockJane evans corneliusHelenh richardsonDaniel mooneyErin karney

Beef industry benefits from high cattle prices; consumer demand robust

Beef industry benefits from high cattle prices; consumer demand robust
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United statesNew mexicoGrand junctionRocky mountainColorado state universityTim ritschardJane evans corneliusJake mccullahJanie vanwinkleHelenh richardsonDaniel mooneyAmanda hilbrandsRobert adamsTodd ingleeErin karneyKatelyn mccullock

Breakeven prices tighter for crops, volatile in livestock

Net farm income has been up, but market analysts believe keeping them that way may prove difficult.

Brady brewerMichael langemeierLivestock marketing information centerAgriculture at purdue universityDepartment of agricultural economics at purdueCommercial agriculturePurdue universityAgricultural economicsDecember hogsBreakeven pricesCrop pricesLivestock prices2024 market outlook

Livestock byproduct values show recent decline

Byproduct values for cattle and hogs are trending down, according to an analysis from the Livestock Marketing Information Center.

Livestock marketing information centerLivestock marketing informationLivestock marketsYproduct prices

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