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For the first 15 years of their marriage, Ted and Janet Parker lived off one income. She made the living, and nearly every penny he made as a beef cattle farmer went right back into growing their farm.
Mississippi State University experts see a positive outlook for the state’s beef cattle industry, with prices at profitable levels and herd numbers up.
Agricultural clients met with Mississippi State University personnel to discuss research and education needs during the annual Producer Advisory Council Meeting for the southwest region February 20.
Producers of grass-fed beef cattle will learn the latest recommendations for producing high quality and profitable livestock.
The first shipment of U.S. beef to China in more than 13 years reached its destination in June, and Mississippi cattle producers are beginning to see modest rewards of new market access.
Current cattle prices in Mississippi are up from a year ago. Lightweight cattle are $1.67 per pound, while heavyweight feeder cattle are around $1.35 per pound. A year ago, lightweight cattle were $1.55 per pound, and heavyweight cattle were in the range of $1.17 per pound.
“The cattle market has exhibited strong demand through most of 2017 despite the increased supply of cattle in the U.S.,” said Josh Maples, an agricultural economist with the Mississippi State University Extension Service. “Prices have generally decreased over the past month, which is due to a combination of seasonal factors and the increased supply.”