Drovers provides the beef industry with news, commentary and insights that drive the beef market.

1 day ago · According to the USDA’s Economic Research Service, net farm income is forecast to reach $180.1 billion, up $41.0 billion from 2024, while net cash farm income is projected to hit $193.7 billion, reflecting a $34.5 billion increase. The U.S. farm sector is poised for a significant increase in net ...

Jan 28, 2025 · Cattle and beef markets rocketed out of the gate coming into 2025. With no post-holiday wavering, all cattle and beef markets moved higher in the first half of January – setting new record price levels to start the new year. This continues the trend of the last three years. Cattle prices began to ...

Jan 31, 2025 · Shrinking cattle supplies continues to be the story in the cattle market and part of the reason cattle prices continue to climb. USDA’s annual Cattle Inventory Report released Friday shows the U.S. cattle inventory shrunk another 1% over the past year, now at 86.7 million head. And when you look at just the number of beef cows, …

5 days ago · Robert F. Kennedy Jr. promised to work with farmers to remove burdensome regulation during his confirmation hearing. And while Lee Zeldin’s past positions raised initial concerns, his recent statements during the confirmation process suggest he may be open to working with the biofuels industry in his new role as EPA Administrator.

Jan 28, 2025 · Cash cattle averaged $210.22 per cwt., up $6 from last week, while lean carcass hog prices came in slightly higher at $82.71 per cwt.

Jan 16, 2025 · Record-high fed cattle prices have been ratcheting up in each of the past weeks. Last week’s trade in the north saw Iowa and Nebraska averages at $203/cwt. while Kansas and Texas feedyards sold for $200 to $201/cwt.

Now in mid-January, the cattle markets are showing exceptional optimism. Packers were actively bidding to capture spot market needs.

Jan 16, 2025 · With no post-holiday wavering, all cattle and beef markets moved higher in the first half of January – setting new record price levels to start the new year.

Jan 23, 2025 · Negotiated cash cattle remained steady the week ending Jan. 18 while feedlot margins decreased $55 per head to an industry average of $248.51 per head, according to the Sterling Beef Profit Tracker. Meanwhile, beef packers saw losses improve $11 per head to a loss of $71 per head. That puts the ...