Friday, August 26, 2022

How to Tell If the Cattle Market News Offers Accurate Information

 

Be Informed Cattle Market News

When it comes to information and the news in general, you must get them from reliable sources, which are also as neutral as possible (which means that they do not represent someone`s interests in particular), to make sure that they are accurate. These are typically the official sources.

If you are interested in the cattle market news, there are a few sources of information that you can rely on.

First there are the USDA reports, issued on a regular basis, which represent a comprehensive forecast of demand and supply for cattle, helping producers, distributors and consumers in the sale and purchase of livestock and related products. There are new reports appearing each month and covering different aspects related to the cattle industry.

Then, there are local auction sales.  The AMS reports prices on cattle sales from local auctions, and you might want to take a look at them.

The weather report and especially drought reports represent another source of information that may prove to be very important for the cattle market.

Not least, you may want to check some digital platforms. There are video auction sites that provide seasonal data or weekly reports. You can get a list of them from the USDA’s website.

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