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Cattle prices have climbed to their highest point since August.
Tyson Foods is planning to create a venture fund that would develop innovations for feeding the globe.
Texas ranchers have 600,000 more cattle and calves than they did two years ago, according to the Texas Cattle Feeders Association. Packing plants have less competition and plenty of cattle to choose from, so they’ve dropped the amount they’re willing to pay for wholesale cattle.
The mood was somber as ranchers from western South Dakota met in Fort Pierre to discuss ways to limit beef imports and protect the cow-calf operators.
