Farm406

Farm406 Vol 4 Iss 4 2020/21

Issue link: https://www.e-digitaleditions.com/i/1328227

Contents of this Issue

Navigation

Page 33 of 59

farm406 34 A study done early in the pandemic by Oklahoma State University of countrywide commodity prices indicated that dairy prices had dropped 26-36 percent; corn futures, 14 percent; and hog futures, 31 percent. e study estimated that Covid-19 related losses to calemen in 2020 will be $9.2 billion. is figure is indicative of the multiple problems faced by the Montana beef industry. As consumers stocked up on meat products, the meat cases in grocery stores emptied out while at the same time restaurants and large consumers no longer needed primal cuts that meat packers routinely prepared. Shiing gears to produce cuts of meat sold by grocery stores for home use took time when meat packers also were hit hard by Covid-19 among their workers. Without meat packing plants working at full capacity, ranchers had no place to sell their animals. "Consumers are starting to return to a previous lifestyle, so conditions are beer, but they aren't quite back to normal," said Fred Wacker, President of the Montana Stockgrowers Association. "Furthermore, when the value of meat dropped and calemen were geing less at the sales barn, the value of cale that were still on the ranch also decreased, Employees of Pioneer Meats in Big Timber, Montana work on the cutting floor. Photo: Alexis Bonogofsky Photo: Suzanne Waring

Articles in this issue

Archives of this issue

view archives of Farm406 - Farm406 Vol 4 Iss 4 2020/21