In this episode, Tim Petry, a Livestock Specialist from North Dakota State University, discusses the current state of the beef industry, including the challenges and opportunities facing cattle producers. He highlights the significant changes in the beef herd, market dynamics between futures and cash prices, and the impact of weather on herd management. Tim also addresses consumer demand for beef, the role of heifers in the market, and the overall trends in beef production. The conversation concludes with practical takeaways for producers to maximize their returns in a fluctuating market.