A University of Missouri extension economist says there are signs the U.S. economy is slowing down. Ben Brown says consumers purchasing less goods impacts farmers. “Meat, and meat demand, and how that could impact grain markets,” he says, “but also how fuel consumption could impact not only ethanol and gasoline consumption, but also movement of…… Continue Reading
The USDA has raised its expectations for 2025 U.S. red meat production. Beef is now pegged at 26.565 billion pounds, up 775 million from January because of expectations for increased placements, slaughter, and dressed weights, with an average steer price of $201 per hundredweight, a jump of $5, and higher exports and consumption, with no…… Continue Reading