Cattle in all categories traded mostly lower ahead of the Labor Day weekend. Packers head into next week with smaller inventories and cattle owners hope that encourages more aggressive bidding.
An outbreak of E. coli linked to romaine lettuce consumed at Wendy’s restaurants has spread to at least six states, according to the U.S. Centers for Disease Control and Prevention.
Sustainable Beef LLC received a giant boost in its efforts to bring a new, 1,500 head per day beef processing facility online with a commitment from Walmart.
Cash cattle trade was called moderate in all regions but estimated cattle slaughter will be higher this week. Auction prices for both calves and feeder cattle were stronger.
The alternative meat industry some believed could disrupt traditional meat is struggling with some of America’s high-profile brands rethinking their menus. Disruption appears denied by demand for the real stuff.
Active trade pushed cash fed cattle prices higher again as the market has now advanced $7 over the last three weeks. Drought-induced feedyard placements created a modest surprise for analysts.
Construction will begin this fall on a $200 million upgrade to the existing beef complex and add employee facilities, including locker rooms, a cafeteria and office space.
The Alameda County, Calif., Board of Supervisors is set to consider banning wild cow milking contests in rodeos and the use of spurs and straps used by rodeo cowboys.
