Beef Prices Reach Highest Level Since 1987

English: Australian Brangus steer

English: Australian Brangus steer (Photo credit: Wikipedia)

LUBBOCK, Texas (AP) – The highest beef prices in almost three decades have arrived just before the start of grilling season, causing sticker shock for both consumers and restaurant owners – and relief isn’t likely anytime soon.

A dwindling number of cattle and growing export demand from countries such as China and Japan have caused the average retail cost of fresh beef to climb to $5.28 a pound in February, up almost a quarter from January and the highest price since 1987.

Everything that’s produced is being consumed, said Kevin Good, an analyst at CattleFax, a Colorado-based information group. And prices likely will stay high for a couple of years as cattle producers start to rebuild their herds amid big questions about whether the Southwest and parts of the Midwest will see enough rain to replenish pastures.

Read more at http://www.philly.com/philly/business/20140412_ap_47ea27a0b2244eaea2cabae2a074edb6.html#1ZmJqCrp08y35k34.99

Enhanced by Zemanta

2 Cows Fall From Overpass Onto Route 222, Die

Map of Pennsylvania highlighting Berks County

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

They are among 14 that escaped from farm; police say 1 died on impact, and 1 hit by truck.

Cumru Township police Sgt. James Griffith experienced a first in his career when two cows died after falling onto Route 222 from the Old Lancaster Pike overpass near Gouglersville.

Griffith said one cow died on impact while the other was hit by a tractor-trailer about 10:30 p.m. Wednesday.

The cows belonged to a herd of 14 that escaped from a farm on Beavens Road in Brecknock Township, he said.

They were first spotted near the Gouglersville Fire Company about 1 p.m. before making their way to the retaining wall at the Old Lancaster Pike overpass, Griffith said.

Record-Setting Rains Hurting NEPA Farmers

 

Editor’s Note: This is a good awareness story during Farm Show Week!

JEFFERSON TWP., PA – Will Keating looked at the depleted hay stockpile in his barn and thought about the impact on his dairy farm.

“It will cost us another $15,000 to $18,000 to get through the winter,” Mr. Keating said as his herd of 38 milking cows lounged in theMountCobbbarn. “The hay took a big hit and quality is down. It’s very frustrating.”

Drenching summer rainfall severely diminished production of forage crops, such as feed corn and hay, on many regional dairy farms. Months after the record-setting rains ceased, the shortfall forces dairy farmers to buy hay and feed they would not need after a normal growing season.

“My hay crop was the worst I ever had,” said Joe Davitt, a Waymart-area dairy farmer. “It’s going to cost me probably $2,000 a month to feed my cattle. In a normal winter, I don’t have any added expenses.”

Read more: http://thetimes-tribune.com/news/record-setting-rains-hurting-area-farmers-1.1255054#ixzz1iygMGUIF