Negotiated cash cattle prices pushed higher again for the sixth consecutive week as feedyards have gained some market leverage with declining supplies.
A U.S. District judge in Florida has dismissed a lawsuit filed against Burger King alleging deceptive advertising for the way the company cooks their plant-based Impossible Whopper.
Progress appears slow in erasing the backlog of cattle in America’s feedyards, and carcass weights averaging 4.2% heavier are the equivalent of 21,000 more cattle coming to market than last year.
Steers and heifers sold higher at auctions on the Northern Plains, with feeder cattle trading uneven at auctions in the Southeast and South Central regions.
Significantly higher volumes of Mexican imported feeder cattle were noted the last two weeks of May and throughout June which offset the lower volumes recorded through the first 4.5 months of the year.
Plant-based products are no longer on the menu at McDoanld’s in Canada, but the end of the test has not diminished the enthusiasm of leaders of the fake meat business.
Meat departments have reported double-digit dollar sales gains throughout the pandemic months of March, April and May, according to a national research and analytics firm.
