High Plains Public Radio

cattle market

KWCH

High-Plains beef could be making its way back to China, reports KWCH.

China, a country that boasts the world’s largest population, has announced they are ready to lift a ban on the import of U.S. Beef. The ban has been in place since 2003.

amarillolivestockauction.com

There’s a new online auction that could shake up the U.S. pricing model for cattle, reports globalpost.com. The auction made its public debut last week after a test run, with the support of the world's largest meatpacker. Exchange-operator CME Group Inc said the online auction was an effort to improve cattle futures after complaints about extreme volatility.

Texas Beef Council focuses on young eaters

Nov 30, 2014
texastribune.org

The Texas Beef Council is turning its attention to attracting younger eaters.  The Texas Tribune reports beef consumption is down.  Gone are the days of Fred Flintstone rib eye slabs that were common in the 1970s.

Jeremy Bernfeld/Harvest Public Media

The U.S. cattle herd has changed dramatically over the last four years, largely thanks to drought.

The supply of beef has been in free-fall. Perhaps you’ve noticed sky-high prices for hamburger and steak.

Grant Gerlock/Harvest Public Media

Drought is re-shaping the beef map and raising the price of steak. Ranchers are moving herds from California to Colorado and from Texas to Nebraska seeking refuge from dry weather. And cattle producers in the Midwest are making the most of it.

oklahomafarmreport.com

Oklahoma ranks number five in the nation when it comes to the number of cattle, but years of drought and high market prices are fueling a sell-off, and experts worry that the $4.5 billion dollar industry is in a downward spiral that will be difficult to recover from according to an article from StateImpact Oklahoma.