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Agricultural Marketing Service reporters called demand for feeder cattle and calves “good to very good.” Last week’s fed cattle traded at mostly steady prices on moderate demand.
Kenny Knight, founder of Knight Feedlot, a former Kansas Livestock Association president and a former member of the Cattlemen’s Beef Board, died Sunday, May 30, 2021.
The White House said Brazil’s JBS SA has informed the U.S. government that a ransomware attack that disrupted meat production in North America and Australia originated from an organization likely based in Russia.
Wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago; and unlike last year, lack of supply is not the issue.
Argentina said on Monday it had temporarily shut down 12 beef exporters over “irregular” operations and had seized over 220 tonnes of meat as tensions over the government’s meat export ban deepen.
Cash prices held mostly steady last week, which could be a sign packers are beginning to get through some of the committed cattle and be in the market to buy more cash cattle from independent cattle feeders.
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