Trump, Argentina and as cattle
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Jeff Hoogendoorn, Professional Ag Marketing, says soybeans ended higher on Monday and extended gains after a higher weekly close last week. Cattle tried to recover after Friday's meltdown and after President Trump comments about the U.
The U.S. has been facing surging beef prices because of drought and fewer imports from Mexico as a parasite is affecting cattle there, but climbing prices are nothing new. Beef prices have risen over the last 20 years in the U.S. due to a shrinking cattle herd while beef remains popular among consumers.
Jamie Dickerman of Red River Farm Network and Randy Martinson of Martinson Ag Risk Management discuss cattle creeping higher and the lack of reports for grain markets on the Agweek Market Wrap.
The group that weighed 838 pounds and 902 pounds both brought basically the same dollars per head, which was just under $3,100 per head.
Starting as a small local market, the Dickson Regional Livestock Center has become a major regional hub with buyers traveling around 250 miles to get a spot in the ring.
The council has said at least 14,359 homes are required to be built in Gloucester by 2031 to meet demand. If approved, the cattle market development would become part of a wider r
The cattle market continues to sort through a tight supply and strong demand. Prices have cooled off somewhat, albeit from record highs, Colorado State University Ag Economist Stephen Koontz wrote in his “In the Cattle Markets” column for the Livestock Marketing Information Center.