The Cattle Market Transparency Act of 2021 was introduced to restore transparency and accountability in the cattle market by establishing regional cash minimums and equipping producers with more market information.

The Strengthening Local Processing Act will increase options for local livestock and poultry producers and assist smaller facilities as they adapt to the COVID-19 pandemic and expand to meet consumer demand.

Cattle and hog finishing margins were headed in opposite directions last week, with lean hog prices enjoying a three-week rally while cattle prices were stuck in neutral for a second week.

Nearly 900 cows are set to be euthanized by Spanish authorities fearing bluetongue after the cattle drifted for more than two months on the Mediterranean Sea while the owners searched for a buyer.

Auction markets noted firm demand and a stronger undertone last week for grazing cattle with spring now less than a month away. Auctions were in full-swing again after the previous week's winter storms.

Here's this week's update on cattle prices.