Wednesday, September 2, 2015

Ranches for Sale: Beef Market Outlook for 2015 Remains Optimistic

The beef market reached record highs in 2014, but that’s all in the rearview mirror. Now, farmers are looking forward to the market outcome this year, and outlook has been mostly optimistic. According to former Oregon Cattlemen’s Association president Bill Hoyt, although June beef prices weren’t as high as a year ago, they are still considerably better than the years that preceded 2014. And it’s not only Hoyt who’s optimistic. Other Oregon ranchers, such as Stacy Davies of Roaring Springs Ranch, felt there were plenty of reasons to be positive as well. “These are very profitable times for the cow-calf and yearling sectors,” he said. The USDA National Agricultural Statistical Service claims that Oregon produced 1.3 million cattle as of Jan. 1 this year, slightly more than the 1.28 million recorded during the same period a year ago.


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