Yesterday, WPI covered the export demand for pork, and how that could help support hog prices moving forward, along with some other factors like lower feed costs. Below is a look at cattle prices and domestic beef demand. Cattle prices remain at record levels, surpassing the previous records of 2014 and 2015.
For context, the cattle herd entering 2024 is the smallest since 1951, as beef demand remains strong. Notably, the previous low point for the cattle herd in 2014 was the lowest since 1952, yet beef demand was not as strong a decade ago. Beef production hit records in 2019, 2020, 2021, and 2022. Production decreased in 2023 year-over-year for the first time in seven years, albeit down from a record level, due to a small...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...