President Joe Biden met virtually with independent farmers and ranchers to discuss initiatives to reduce food prices by increasing competition within the meat industry, part of a broader effort to show the administration is trying to combat inflation.
Read MoreJudging from the prices at supermarkets and restaurants, this would appear to be a lucrative moment for cattle ranchers like Steve Charter.
America is consuming more beef than ever, while prices have climbed by one-fifth over the past year — a primary driver for the growing alarm over inflation.
Read MoreThe LSU AgCenter will hold the Central Region Crops and Cattle Forum on Thursday, Jan. 6, at the State Evacuation Shelter near the LSUA campus in Alexandria.
Read MoreWe would appreciate your feedback on the possibility of hosting a one or two day event where you could bring your bull(s) to the Dean Lee Research Station or nearby veterinary clinic to have breeding soundness exam(s) performed by a local veterinarian.
Read MoreDominique's Livestock Auction -- December 6-7, 2021
Read MoreStarting in late December, the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will measure sheep and goat inventories and wool and mohair production during a nationwide survey.
Read MoreIn January, U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will survey about 41,000 cattle operations nationwide to provide an up-to-date measure of U.S. cattle inventories.
Read MoreAgriculture Secretary Tom Vilsack says that the U.S. Department of Agriculture is deploying $100 million under the new Food Supply Chain Guaranteed Loan Program to make available nearly $1 billion in loan guarantees; these loan guarantees will back private investment in processing and food supply infrastructure that will strengthen the food supply chain for the American people.
Read MoreNational Economic Council Director Brian Deese on Friday suggested that recent financial statements from America’s large meat processors show the companies used their market power to drive up meat prices and underpay farmers, tripling their own net profit margins since the start of the pandemic.
In an analysis published on the White House website, Deese said meat price are the biggest contributor to the rising cost of groceries, in part because just a few large corporations dominate meat processing. The November Consumer Price Index data demonstrates, Deese claims, that meat prices are still the single largest contributor to the rising cost of food people consume at home. Beef, pork, and poultry price increases make up a quarter of the overall increase in food-at-home prices last month.
Read MoreThe December 2021 issue of the “Cow Country Reporter” from Cattle Producers of Louisiana is now available online.
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