Widespread droughts continue to impact almost all sectors of the cattle industry according to a new report released by the U.S. Department of Agriculture.

Cattle producers may see a more profitable year in 2023, while consumers will likely incur higher prices at the store due to drops in production. The popular CattleFax Outlook Seminar, held as part of the 2023 Cattle Industry Convention and NCBA Trade Show in New Orleans, shared expert market and weather analysis today. 

Federal grazing has long been an issue of contention with some groups calling for the removal of livestock from public grazing lands. Yet, livestock grazing still takes place on about 250 million acres of public lands, most of those are located in the Western United States. During many seasons of the year, federal grazing is a major source of forage for ranches in the areas, and support for local economies.