Articles tagged under: CattleFax
Two More Years of High Prices?
Published October 3, 2023
The massive sell-off of the nation’s cow herd has finally died down. CattleFax Director Troy Bockelmann doesn’t expect a widespread growth in cow numbers until 2025 or later. "We've been liquidating the beef cow herd since 2019. Much like the…Rebuilding the Cattle Herd
Published August 9, 2023
Beef cow numbers are at levels not seen since 1970. According to CattleFax CEO Randy Blach, there’s still room for a further reduction in the size of the cow herd. "Beef cow slaughter is down about 700,000 head in 2023,…Expansion is a Double Edged Sword
Published November 13, 2022
CattleFax CEO Randy Blach spoke the expansion of meat processing while at the U.S. Meat Export Federation Strategic Planning Conference in Oklahoma City. Labor shortages are a huge obstacle faced by packing plants. "Are we going to continue to have…Cattle Prices Should Support Profitability, Says CattleFax
Published February 3, 2022
The last three years has been a time of liquidation for the cattle herd. CattleFax Vice President of Analysis Kevin Good expects liquidation to continue for another year. "Last year about one-third of the cow herd was exposed to drought…Former CattleFax CEO Passes
Published December 10, 2021
Former CattleFax general manager and CEO Topper Thorpe has passed away. Thorpe was one of the first two employees of the startup company in 1968 and led CattleFax for more than 30 years.CattleFax Outlook Offers Good and Bad News for Cattle Producers
Published August 12, 2021
The CattleFax seminar at the 2021 Cattle Industry Convention provided both an optimistic and not-so-optimistic industry outlook for cattle producers gathered in Nashville. North Dakota Stockmen’s Association President Jeff Schafer, who ranches at New Rockford, says one positive takeaway was…Cattle Slaughter Back on Pace, But Record Tonnage is Testing Markets
Published February 26, 2021
Over the past couple years, the cattle industry has navigated two Black Swan events, with the most recent being supply chain challenges because of the coronavirus pandemic. CattleFax CEO Randy Blach told cattle producers that nearly 1 million head of…A Lot of Cattle Market Clarity to Come
Published March 18, 2020
There have been disruptions within the cattle markets as a result of the coronavirus outbreak. In particular, cattle futures are taking the hardest hit as traders anticipate a slowdown in beef demand with the possibility of a global recession. CattleFax…CattleFax Outlook is Optimistic Prices Can Average Higher in 2020
Published February 10, 2020
Those gathered at this year's Cattle Industry Convention got a glimpse at the 2020 cattle market. "Cattle producers have done a tremendous job of producing more with less," said CattleFax Vice President of Industry Relations Kevin Good. "We're optimistic that…