CattleFax predicts producer profitability and drought relief for 2023

· February 3, 2023

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. 

corn prices

U.S. cattle inventory falls to the lowest level in decades

· February 1, 2023

According to yesterday’s released U.S. Department of Agriculture report, all cattle and calves are down 3 percent from last year — the lowest level since 1962. The total U.S. inventory is currently 89.3 million head as compared to January 2022 numbers of 92.1 million head. 

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