The biggest lesson one can learn from the previous cycle is that producers do not control the daily, weekly or monthly cash price, but they do control the marketing decisions of their cattle.

The Biden administration issued a water law reversal on the last working day of 2022, creating further change in the longstanding issue of how to define navigable waters of the U.S., including streams, runoff and ponds used in agriculture.

The USDA’s December World Ag Supply and Demand Estimates and Crop Production reports provide production and price forecasts.

In this episode, Paul visits with Dave Nichols, an emeritus professor at Kansas State University about his experiences as a livestock judge and educator, discussing opportunities to bridge the gap between agriculture and consumers. David also visits with K-State ag economist Ted Schroeder about the changing elements in the cattle markets, and the potential pitfalls of mandating cash cattle markets. David, Paul and Carrie also share a preview of the November issue, and share what they're grateful for this Thanksgiving season.

Month after month this year, feedlots have maintained large numbers of cattle on feed relative to history as more calves are being pushed into feedlots at a quicker-than-normal pace due to the drought impact on forage availability.

On July 22, the USDA National Agricultural Statistics Service (NASS) released the midyear Cattle report. It provided a snapshot of the U.S. cattle herd, which includes both beef and dairy cattle as well as a glimpse into producers’ outlook for retaining heifers and the availability of cattle for placement in the coming year.