Glynn Tonsor told attendees at the Kansas State University Beef Stocker Field Day Sept. 28 if they take away two points from his beef outlook, to let them be these:
-
We have notably higher cattle prices now, and we’re expecting to sustain those through 2025 at least.
-
Beef demand has held up better than we thought it would in 2023, and it’s been really good for at least the past couple of years.
Fewer animals
Tonsor, K-State agricultural economics assistant professor, explained the extended drought in cow-calf country has led to fewer beef cattle in our nation’s herd. Smaller calf crops in…
