Vikram Luthar’s leave is pending an ongoing investigation being conducted by outside counsel for ADM and the Board’s Audit Committee.

NASDA members, the state commissioners, secretaries and directors of agriculture, have announced the chosen five issues to serve as the organization’s primary policy focus for 2024.

Producers who intend to be profitable must consider closely the relationship of current and future costs, to current and future revenues, and cow longevity and productivity.

January often provides challenging cattle marketing prospects and this year offered multiple winter storms disrupting feeder and fed cattle markets, as well as boxed beef markets.

Negotiated cash trade finished the week in a standoff with few sales and little price movement. Feeders and packers both look to benefit from improving winter weather and pen conditions this week.

A mid-January deep-freeze failed to deliver any bounce to cattle markets as packers appear flush with formula and contracted inventories. Friday’s Cattle on Feed report fell within expectations.