Citing heightened concerns about environmental preservation and sustainable beef production, JBS SA is using satellite technology to monitor suppliers.
Cash fed cattle prices moved higher in all regions, with the largest gains found in the north. Feeder cattle sold higher at auctions across the nation.
Kansas Gov. Laura Kelly says the fire at Tyson’s beef facility will affect many individuals and businesses in the beef industry that fuels western Kansas, and offered the state’s support.
In a head-scratching week of data, estimated cattle slaughter was 9,000 head higher following the Tyson fire, cattle prices were down 5% or more, and yet wholesale beef prices rose 9%.
Fed cattle trade was slow to develop in the southern plains with packer bids falling $2 short of steady. Feeder cattle traded at uneven prices across the nation.
