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Dairy replacements to remain tight this year
Dairy farm revenue continues to shift due to strong demand for beef and a historic run on beef prices. Five short years ago, calf and cull cow sales contributed roughly 5% to total dairy farm revenue. By 2025, that number pushed to 20% on some dairy farms with dairy-beef calves leading the cattle sales category and cull dairy cows representing a close second. This expanding revenue stream has pushed dairy cow numbers to a 34-year high at 9.665 million head this June, accordin
Jul 13


USDA Makes Friendly Cut to Corn Stocks in WASDE, as Weather Threats Loom
The U.S. Department of Agriculture surprised grain markets Friday with significant cuts to corn supplies, setting up a potentially volatile second half of the growing season. Grain futures saw a strong positive reaction following the report with December corn futures topping $4.60, November soybeans climbing above $11.90 and wheat rallying more than $.20 during the day’s trade. Global corn ending stocks dropped to 275.3 million metric tons in USDA’s July World Agricultural Su
Jul 13


Record-High Cattle Prices, Negative Packer Margins: What Q3 Means for Your Bottom Line
Despite drought, labor unrest and health threats at the border, cattle prices are holding in record territory. In his Q3 2026 outlook, “Drought: Likely Dashing Hopes for Expansion,” Terrain Senior Animal Protein Aanalyst Dave Weaber forecasts fed cattle averaging $252–$258 per cwt in Q3 and Oklahoma City 450‑lb. steer calves climbing from about $500 to $555 cwt. “The forecasts remain record high because of still strong beef demand and historically short supplies,” Weaber says
Jul 13
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