SIOUX FALLS, SD  — Almost two years after voters approved medical marijuana, South Dakota dispensaries are still in the preparation stages of being able to sell medical cannabis products. While the state has approved medical marijuana licenses and municipalities across the state have established their own guidelines for dispensaries, there is no supply of THC […]
WASHINGTON, D.C. – Drought is playing a significant role in the cattle cycle. Two years of drought have deteriorated pasture and forage conditions, and the pastureland condition index for 2022 is off to its worst start for the grazing season since the series began in 1995. This is pushing calves into the feedlots at a […]
KANSAS CITY, MO – In the past 10 years, the fed cattle price has declined 6% from the first week of May through the end of June. Under current conditions, this suggests a $135/cwt. price at the end of June. The June Live Cattle contract currently trading at $133/cwt. is a bit oversold and a […]
MANHATTAN, KS – When selecting meat in the grocery store the product cut, price per pound, and visual appeal are just some of the factors that influence the purchasing decision. And for curious consumers, plant-based protein sources may also drive the purchase for those who follow a primarily vegetarian diet but occasionally eat meat or […]
WASHINGTON, DC – According to Brownfield Ag News, many ag economists expect to see continued contraction in the biannual cattle inventory report. Scott Brown, a livestock economist at the University of Missouri, tells Brownfield total cattle and calves are projected to be down 1.2 percent and the calf crop is expected to drop about 1 […]
STURGIS, SD – Industry analysis points to the latest Cattle on Feed report as bearish for cattle markets in the near-term due in part to placements being over what many analysts expected ahead of the report. USDA reports 2.104 million cattle were placed during August, up 2% from a year ago and also above August […]
DENVER, CO – The COVID-19 pandemic, major changes in the processing sector, and changes in consumer behavior all led to a year of challenges for the US Sheep Industry. But, there were also definite positives. The year of ups and downs is summarized in 2020 Sheep Industry Review, a checkoff funded report commissioned by the […]