GFM Network News

Cattle in a fenced area.

Texas economist sees two more years of high cattle prices

Analysis: Beef production seen down six per cent for 2014 and another four per cent for 2015

Reading Time: 3 minutes For beef cattle prices to continue their record run, the 2014 U.S. corn crop will have to produce record yields, according to a Texas A&M AgriLife Extension Service economist. That aside, the 2014 beef cattle market outlook is poised for another historic run as lack of supply will continue to fetch strong bids on calves. […] Read more

Texas drought and wildfire losses continue to mount

Many agricultural producers in East Texas are feeling caught between a rock and a “hot” place, according to Texas AgriLife Extension Service personnel. The agricultural losses from the extended drought are extreme. But added to those costs now are frequent wildfires which have destroyed fencing, hay supplies and barns, and scorched what sparse grazing there […] Read more