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Cattle Stranded On Ship Docked In Spain To Be Destroyed

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.

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Stronger Undertone In Stocker And Feeder Prices

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.

Wholesale Beef Higher, But Cash Cattle Struggle

Beef packers continued to maintain their strangle-hold on the market this week. Rising boxed beef cutout prices will pad packer profits – likely to exceed $400 per head.

Pilgrim’s Pride Agrees To Price-Fixing Fine

Pilgrim's Pride, the nation's second-largest poultry processor, entered a guilty plea to federal charges of price-fixing and bid-rigging, the Department of Justice said on Tuesday.

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Profit Tracker: Cattle Steady, Hog Margins Solid

Cattle feeding margins were little changed from the previous week with modest profits. Hog feeding margins were boosted for a third week with another advance in lean carcass prices.

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Stocker and Feeder Cattle Higher

Last week’s winter storm and brutally cold temperatures caused many auction markets to cancel sales. Those that were open saw stocker and feeder cattle prices higher.

Nebraska Feedyard
Cash Cattle Higher, COF Up 1%

Negotiated cash cattle prices traded higher in all regions while many feeder cattle auctions were cancelled due to winter snow and brutal cold temperatures. Cattle on Feed 1% higher on Feb 1 compared to last year.

Profit Tracker: Cattle, Hog Margins Improve

Cattle feeding margins improved $60 per head the week ending Feb. 12 and hog margins reported profits for the second consecutive week as lean hog prices rallied.