Prices for hay, which is widely used to feed cattle, were 56% higher in April than in 2021, according to a June report from the Federal Reserve Bank of Kansas City. Cattle producers are estimated to have lost money the past two months, according to a cost-and-return analysis from
Iowa State University. So now even if you can find hay for sale it is usually so expensive that it is simply not economical. Without any other options that make sense, some cattle ranchers in Texas have actually decided to go ahead and sell their entire herds.
By the end of the year and early 2023 we will paying for
Chicken $17.00/lb
Bacon $25.00/lb
Beef $30.00+ $ /lb because the cost of hay and grain has doubled. Fall is when slaughtering begins for the market/\.
Chicken $17.00/lb
Bacon $25.00/lb
Beef $30.00+ $ /lb because the cost of hay and grain has doubled. Fall is when slaughtering begins for the market/\.
Some ranchers are choosing to sell off their entire herds because they feel like they don't have any other options. In recent days, seemingly endless lines of trailers waiting to drop off cattle for auction have gone viral all over social media.
Everybody is talking about how
Everybody is talking about how
they have never seen anything like this before, and if the drought in the Southwest persists the lines could soon get even longer.
In the short-term, this is going to help to stabilize meat prices. But in the long-term the size of the U.S. cattle herd will steadily become
In the short-term, this is going to help to stabilize meat prices. But in the long-term the size of the U.S. cattle herd will steadily become
much smaller, and that has very serious implications for our ability to feed ourselves in 2023 and beyond.
North Texas ranchers are selling off cattle by the thousands as grass and water disappear during an expanding summer drought.
Videos spread on social media Saturday and
North Texas ranchers are selling off cattle by the thousands as grass and water disappear during an expanding summer drought.
Videos spread on social media Saturday and
Sunday, showing trucks and trailers lined up for miles outside of livestock markets.
At the Decatur Livestock Market, owner Kimberly Irwin said trucks were stacked a mile in each direction, eventually unloading more than 2,600 animals.
#BidenDestroysAmerica
At the Decatur Livestock Market, owner Kimberly Irwin said trucks were stacked a mile in each direction, eventually unloading more than 2,600 animals.
#BidenDestroysAmerica
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