Instability in equity markets proved a drag on futures last week, providing an incentive for feeders to trade on lower bids. Packers will continue to struggle with inventory going forward.

Oregon ranchers and feedlots are concerned about Senate Bill 85, which would stop the permitting of all “industrial sized” operations.

The positive basis created by weaker futures prices enticed hedged feeders to accept lower bids early in week. Friday’s cattle on feed report further confirms a shrinking supply and will lend price support.

Former President Donald Trump placed tariffs on more than $300 billion in Chinese goods during his presidency, raising costs for American companies, according to the ITC.

The sources of stress and uncertainty for the season ahead are plentiful. When uncertainty is plentiful, so is decision paralysis. To play offense and face the biggest risks to your farm, use this decision framework.

A defined breeding season is important to permit meaningful record keeping, timely management and profit potential.