Market News-Livestock

Continuing consumer confidence in the quality and safety of American beef could be keeping prices high a livestock marketing specialist said. Department of Agriculture and the beef industry have been active in assuring consumers that American USDA inspected beef continues to be the safest in the world.

Cattle producers remain optimistic and believe that one huge hurdle has been cleared as U. Beef is safe, packaged and inspected according to buyers' and customers' specifications.

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If American consumer's demand for beef holds steady, fed cattle prices are likely to stay in an acceptable price range. Before the case of bovine spongiform encephalopathy BSEor promotions and bonus on binary options no deposit 2016 cow disease, was reported in Washington state on Dec.

They have now stabilized and fed cattle prices could remain about where they are. This is about 9 percent of U.

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Domestic demand accounts for nearly 90 percent of U. Beef prices livestock market reporting or decline based on the number of cattle available for slaughter and their projected carcass weights.

When BSE turned up in Canada last May and halted that nation's exports, Canadian cattle prices dropped much more because Canada exports between 50 percent and 60 percent of its domestic beef supply.

If you are a producer or breeder of registered purebred angus, beefmaster, charolais, hereford, commercial or other cows, calves, bulls or steers you will find current cattle and livestock prices, sale reports and cattle sales on Cattle Today.

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