The Fed Cattle Exchange, the only weekly fed cattle online auction for the cattle industry, has been acquired by Central Stockyards, LLC from 5150 Productions Company, LLC.

USDA’s release o Friday of Cattle on Feed and Cattle Inventory report data suggests backlog is decreasing in feedyards and beef cow numbers are tightening across cattle country.

Testimony before the Senate committee on Energy and Natural Resources highlighted the importance of public lands ranchers during the pandemic, including their role in resurging the American economy.

Since the week of May 16 when the beef cutout hit record highs, the price has fallen 56%. Simultaneously, weekly beef production has increased 29% and carcass weights are averaging 37 pounds more than last year.

Cattle on feed in feedyards with 1,000 or more head totaled 11.4 million July 1, the second highest inventory since the series began in 1996.

A U.S. District judge in Florida has dismissed a lawsuit filed against Burger King alleging deceptive advertising for the way the company cooks their plant-based Impossible Whopper.