Processing Capacity Lower Beef Prices at Grocery Stores Ahead? 6/22/2020 | 5:44 PM CDT

Posted by & filed under Livestock. Wholesale beef prices are getting close to last year’s lows, thanks to breaks in production logjams at slaughter facilities. That’s what Texas A&M AgriLife Extension economist David Anderson is seeing. He reported choice beef cutout (steaks, briskets, prime chuck, roasts) peaked at $4.59 per pound as Covid-19 began to interrupt production. Last week, that price was down to $2.41 per pound. That is close to June 2019, when it was at $2.22 per pound. Continue reading

Livestock Forage Losses

Posted by & filed under Livestock.

Producers in Appanoose, Clarke, Decatur, Jefferson, Lucas, Madison, Mahaska, Marion, Monroe, Union, Wapello, Warren, Wayne County are eligible to apply for 2017 Livestock Forage Disaster Program (LFP) benefits on native pasture, improved pasture, annual ryegrass, and forage sorghum. LFP provides compensation to eligible livestock producers who suffer grazing losses for covered livestock due to drought on privately owned or cash leased land or fire on federally managed land. County committees can only accept LFP applications Continue reading