Farms.com Home   News

How Did Increased 2021 Exports Impact the Domestic Cattle Industry?

By  Andrew Griffith

A recent question I received had to do with what the record quantity and value of beef exports in 2021 really means to the domestic cattle industry.

The question was slightly more technical than this, however, the basic concept is that trading beef internationally provides a broader demand for domestically produced product. The more product that is moved, the more price is supported. From a value standpoint, it is all predicated on the price of beef, which is influenced by total demand for beef. This simply means eat more beef to support prices.

Source : osu.edu

Trending Video

Spring Planting Prep Just Got Serious… We NEED This!

Video: Spring Planting Prep Just Got Serious… We NEED This!

Getting closer to planting season means one thing… it’s time to get EVERYTHING ready.

Today didn’t go exactly as planned—we thought we’d be hauling potatoes again, but instead we spent the day digging equipment out of the cellar, hooking up the grain drill, and getting tractors ready to roll. With wheat planting just around the corner, every piece of equipment matters.

Of course, it wouldn’t be a normal day without a few problems… dead batteries, hydraulic issues, and a truck tire that absolutely refused to cooperate. We tried everything—jump packs, bead bazooka, ratchet straps… and eventually had to bring out the “big guns” just to get things moving again.

But that’s farm life—adapt, fix, and keep moving forward.

We’re getting close to go-time. Wheat seed is coming soon, and planting season is right around the corner