Why the next few years look solid
The next few years look to be extremely solid for food and feed producers, and the beef industry in particular.
2022 was one for the record books. Droughts, flooding, international conflicts, you name it, we have seen it all in the agriculture business. Increased production costs have definitely put a strain on American pocketbooks as well as transportation infrastructure. Threatened railroad strikes coupled with the lowest water flow down the Mississippi River in decades has created unique challenges for agriculture.
With that being said, the next few years look to be extremely solid for food and feed producers, and the beef industry in particular. Beef demand has been very resilient, both domestically as well as internationally. That’s why it is so exciting to see the demand growth for NextGen genetics this past year.
Looking back over 2022, NextGen Cattle Company was able to send bulls, heifers and semen to over 16 states, from coast to coast and border to border, as well as Mexico, Central and South America. Demand for superior genetics is extremely strong. A trend I don’t see changing anytime soon. As global demand for high quality protein continues to increase, especially beef, prices will continue to remain robust. Cattle that are matched to their production environment, are efficient utilizing the resources available for gain and can provide a superior protein experience for our customers, will be in strong demand.
As we plan the next 5-10 years of mating decisions and beef production, we are focused on matching cattle to diverse ecological environments and marketing options. At the end of the day, all of these cattle will become a part of the protein production process.
Please reach out to any of our team members if you have questions. NextGen Cattle Company is committed to producing the highest quality BEEF in the United States and we want you to be a partner with us in the process.