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Monday, September 30, 2024 at 10:28 AM

Understanding market outlook can help maximize opportunities

BRYAN — The Texas A&M AgriLife Extension Service will present the “Predictions for 2024 Texas Livestock Markets” webinar Feb. 1 from noon to 1 p.m. The webinar will focus on state and national trends for cattle, sheep and goat markets.

David Anderson, Ph.D., AgriLife Extension economist and professor in the College of Agriculture and Life Sciences Department of Agricultural Economics, Bryan-College Station, will give the market outlook.

Anderson said that while cattle prices were high in 2023, small ruminant prices struggled throughout much of the year.

Despite this, he said there is reason to remain hopeful for better prices in the new year.

“Our producers strive for efficiency and productivity in all they do while simultaneously combating challenges like drought, extreme temperatures, floods and fires,” said Morgan Treadwell, Ph.D., AgriLife Extension rangeland specialist and associate professor in the Department of Rangeland, Wildlife and Fisheries Management, San Angelo.

“The market is no different and adds a complex layer for livestock producers to maneuver,” she said.

Treadwell said understanding these markets while keeping an eye on fluctuations and timing can add to a livestock operation’s overall efficiency and productivity.

For questions, contact Casey Matzke, AgriLife Extension program manager, Bryan-College Station, at [email protected] or Brittany Chesser, AgriLife Extension aquatic vegetation program specialist, Bryan-College Station, at brittany. [email protected].


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