Beef markets take a positive turn | TSLN.com

Beef markets take a positive turn

Amanda Nolz

The past few years have been tough on beef producers. With a struggling U.S. economy crippling beef demand and crushing cattle prices, ranchers across the country have certainly felt the pinch. While some producers stubbornly waited out the storm, many decided to end careers in beef production and disperse their herds. As a result, America’s cowherd numbers are at a historic low, leaving a depleted beef supply.

Meanwhile, the economy seems to be improving, grilling season has boosted beef demand and the short supply of cattle has created a perfect environment for soaring livestock prices. Marion Rus, co-owner of the Mitchell Livestock Market (MLM), offered his insights from the auctioneer block on the state of the industry today.

The past few years have been tough on beef producers. With a struggling U.S. economy crippling beef demand and crushing cattle prices, ranchers across the country have certainly felt the pinch. While some producers stubbornly waited out the storm, many decided to end careers in beef production and disperse their herds. As a result, America’s cowherd numbers are at a historic low, leaving a depleted beef supply.

Meanwhile, the economy seems to be improving, grilling season has boosted beef demand and the short supply of cattle has created a perfect environment for soaring livestock prices. Marion Rus, co-owner of the Mitchell Livestock Market (MLM), offered his insights from the auctioneer block on the state of the industry today.

The past few years have been tough on beef producers. With a struggling U.S. economy crippling beef demand and crushing cattle prices, ranchers across the country have certainly felt the pinch. While some producers stubbornly waited out the storm, many decided to end careers in beef production and disperse their herds. As a result, America’s cowherd numbers are at a historic low, leaving a depleted beef supply.

Meanwhile, the economy seems to be improving, grilling season has boosted beef demand and the short supply of cattle has created a perfect environment for soaring livestock prices. Marion Rus, co-owner of the Mitchell Livestock Market (MLM), offered his insights from the auctioneer block on the state of the industry today.

Recommended Stories For You

The past few years have been tough on beef producers. With a struggling U.S. economy crippling beef demand and crushing cattle prices, ranchers across the country have certainly felt the pinch. While some producers stubbornly waited out the storm, many decided to end careers in beef production and disperse their herds. As a result, America’s cowherd numbers are at a historic low, leaving a depleted beef supply.

Meanwhile, the economy seems to be improving, grilling season has boosted beef demand and the short supply of cattle has created a perfect environment for soaring livestock prices. Marion Rus, co-owner of the Mitchell Livestock Market (MLM), offered his insights from the auctioneer block on the state of the industry today.

Go back to article