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This will mean a large dip in cattle brought into the United States. As Southern Ag Today reported, imports of cattle from Mexico increased to nearly 1.25 million head in 2024.
A cattle baron named Alexander Swan called for the founder of Omaha's first stockyards, William A. Paxton, to start a new facility in the early 1880s. Working along with Herman Kountze, John A. Creighton and others, the new stockyards received the first shipment of 531 longhorn cattle from Medicine Bow, Wyoming in 1884.
U.S. consumers grappling with soaring inflation face more pain from high beef prices as ranchers are reducing their cattle herds due to drought and lofty feed costs, a decision that will tighten ...
Union Stock Yards, Chicago, 1947. The Union Stock Yard & Transit Co., or The Yards, was the meatpacking district in Chicago for more than a century, starting in 1865. The district was operated by a group of railroad companies that acquired marshland and turned it into a centralized processing area.
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
The cattle business in Texas is worth an estimated $15.5 billion, making it by far the most profitable agricultural commodity in the state, according to the state’s Department of Agriculture.
The cattle cycle is the approximately 10-year period in which the number of U.S. beef cattle is alternatively expanded and reduced over several consecutive years in response to perceived changes in profitability by producers. Generally, low prices occur when cattle numbers (or beef supplies) are high, precipitating several years of herd ...
Benchmark U.S. crude oil for September delivery fell $1.12 to $77.16 per barrel Friday. Brent crude for September delivery fell $1.24 to $81.13 per barrel. Wholesale gasoline for August delivery ...
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