Economic outlook for the cattle industry in 2014 - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Economic outlook for the cattle industry in 2014

Amarillo, TX - The future of the cattle industry for 2014 is looking bright for our area.

This past year we have seen our cattle herd decline to some of the lowest numbers since the 1950's as a result of the drought.

However, the industry is predicting a turn around and a much more steady year for ranchers in our area.

We spoke with Jason Slain from the Texas Cattle Feeders Association about what they expect to be different in 2014.

"The cattle industry here in 2014 is looking forward to a year of more normal weather conditions and feed costs that are back below historical highs and that will give us the opportunity to produce beef competitively with other regions"

Timely moisture towards the end of last year is said to have really helped out farms and ranches.

Industry experts say they expect we will see a rebuilding of the herd this year.

 

  • Local NewsNewsMore>>

  • N. Korean missile test fails hours after UN meeting on nukes

    N. Korean missile test fails hours after UN meeting on nukes

    Saturday, April 29 2017 3:22 AM EDT2017-04-29 07:22:08 GMT
    Saturday, April 29 2017 3:22 AM EDT2017-04-29 07:22:08 GMT

    A North Korean mid-range ballistic missile test-fire apparently failed Saturday, South Korea and the United States said, the third such flop just this month but a clear message of defiance as a U.S. supercarrier conducts tests in nearby waters.

    A North Korean mid-range ballistic missile test-fire apparently failed Saturday, South Korea and the United States said, the third such flop just this month but a clear message of defiance as a U.S. supercarrier conducts tests in nearby waters.

  • Congress settles for stopgap to avoid government shutdown

    Congress settles for stopgap to avoid government shutdown

    Saturday, April 29 2017 3:19 AM EDT2017-04-29 07:19:59 GMT
    Saturday, April 29 2017 3:19 AM EDT2017-04-29 07:19:59 GMT

    President Donald Trump seems destined to serve his 100th day in office without House passage of a Republican health care bill or enactment of a budget financing the government for the rest of this year.

    President Donald Trump seems destined to serve his 100th day in office without House passage of a Republican health care bill or enactment of a budget financing the government for the rest of this year.

  • N. Korean missile test fails hours after UN meeting on nukes

    N. Korean missile test fails hours after UN meeting on nukes

    Saturday, April 29 2017 2:49 AM EDT2017-04-29 06:49:57 GMT
    Saturday, April 29 2017 2:53 AM EDT2017-04-29 06:53:34 GMT

    China's foreign ministry has refused to confirm or deny U.S. Secretary of State Rex Tillerson's assertion that Beijing has threatened to impose unilateral sanctions on North Korea if it conducts further nuclear tests.

    China's foreign ministry has refused to confirm or deny U.S. Secretary of State Rex Tillerson's assertion that Beijing has threatened to impose unilateral sanctions on North Korea if it conducts further nuclear tests.

Powered by Frankly