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A University of Missouri Extension agricultural economist says the slowdown is affecting the U.S. meat industry.
The song remains the same for the cattle market: tight supplies and high prices.
Beef production is slated to slow globally compared to pork and chicken.
The price of beef and pork keep rising, says economist.
Tighter supplies of cattle and hogs combined with improved domestic demand are keeping prices high.
Challenges in the beef and pork industry have led to higher retail prices.
Short supplies of cattle and hogs are pushing prices upward at the sale barn and the supermarket.
Cattle and beef prices are at record levels in every industry sector, from cow-calf to retail beef prices. These record prices are obviously supported by a very unusual set of supply and demand circumstances.
Brucellosis is no longer on the list of causes of abortion for cattle and is not the public health scourge that it once was, but it is still a worry for livestock producers.
Higher feed costs and lower herd numbers are primary factors.