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Cash fed cattle traded at steady prices for the third consecutive week. Wholesale beef prices continued their advance, sparked by smaller than expect cattle slaughter early in the week due to the cyberattack at JBS.
The fed cattle trade last week continued down the same path that we have seen for several weeks. The upcoming weather forecast of hot weather will not be helpful for the backed-up cattle supply.
Black swan events are always possible, but with a little luck, cattle markets will settle back into more typical dynamics and we can get a break from the action-adventure roller coaster of the past two years.
Officials of the Kentucky State Fair Board recently announced that J. Neil Orth has been selected as the 2021 Saddle & Sirloin Portrait Gallery inductee.
Historically, the technology used to monitor pastures was the keen eye of the stockman. New technologies – such as drones - can sample large pastures quickly under a variety of conditions without damaging forage.
The current outlook for the summer has increased chances for warmer than normal temperatures, increasing the potential for heat stress in cattle.
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