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But opportunities abound for stocker operators and backgrounders.
More than 1.113 million cattle were shipped out of Texas last year because of the historic drought.
The social media-driven frenzy that caused supermarket chains and fast-food purveyors to quit using so-called pink slime beef additives most likely will drive up hamburger prices further, cattle traders and a supermarket spokeswoman said.
Beef Products Inc., the maker of lean finely textured beef, is closing three plants following media firestorm over the product.
Cattle group disappointed in U.S. Trade Representative decision to appeal the World Trade Organization ruling on COOL.
They want to set the record straight about lean finely textured beef and tour a BPI plant.