The commodity markets came under pressure to start the week as traders tried to shed risk over shipping concerns in China as COVID-19 concerns caused officials to shut down transportation amid a two-pronged lockdown.
Cattle futures closed mostly higher for the third consecutive trading session Friday. According to Pro Farmer, August live cattle settled unchanged, while deferred contracts posted modest price gains Friday.
Today on Farm Journal Live: Environmental expert Dr. Frank Mitloehner takes issue with Burger King's latest commercial and Tom Downs of WeatherBell will have a look at the return of hot weather.
A cattle group is floating the idea of a set-aside program for the cattle industry. Pro Farmer's Jim Wiesemeyer and Greg Henderson of Drovers will have the details on today's Farm Journal Live.
The latest shock to the industry is the daily boxed beef price. On Thursday, it hit a record of $364.62. That is a jump of $30 over Wednesday, a two-thirds increase from the lows in February.
Today on Farm Journal Live, Paul Neiffer will have tips on how to quickly apply for the latest round of pandemic aid. We'll also talk with Casey Bradshaw of Consolidated Beef Producers about tightening packer capacity.
The cattle market has been dynamic over the last couple of weeks. Consumers have been hoarding meat due to COVID-19 while the futures and cash prices are not necessarily reflecting it.
Today on Farm Journal Live, Colin Woodall of the National Cattlemen's Beef Association offers perspective on the latest packing plant closures and the long-term impact on beef price and demand.
Michigan is under a stay-at-home order in an effort to fight the coronavirus. However, farm work must go on and it is business as usual for many operations.
The Dow Jones fell after topping the 29,000 mark Friday. However, some market analysts say a climbing stock market may mean more money in the cattle markets.
There are some new, numbers when it comes to beef production in the U.S. over the last 50 years. USDA researchers say production has increased by 25%. That's even while the number of cattle for beef has decreased by 6%.
China has been buying a lot of U.S. pork recently. Yet, the hog market may not see as big of a boost as what producers want with the news. Tyne Morgan discusses why, in this AgDay analysis.
An environmental group claims the government is keeping details secret about a cattle grazing program. The group is called "Western Watersheds Project". It has filed a lawsuit in U.S. District Court.
If you went to the National Cattlemen’s Beef Association (NCBA) Trade Show in Phoenix last week, you were probably witness to some strange characters along the way.
The cattle herd in the U.S. is growing, and cash prices for fed and feeder cattle have exceeded expectations this fall as live and feeder cattle futures reached a new contract high to start November.
The cattle herd is finally recovering from the severe drought that the northern Plains experienced earlier this year. This drought is still a reality, hitting portions of South Dakota hard.