Western Legacy Development Corporation’s proposed large packing plant has Rapid City, S.D., residents and city officials seeking more details on how the project may impact the region. Meeting set for Thursday in Wall.
Prices in the North continued to trade premium to the South while wholesale beef prices inched lower for the week. USDA’s cattle on feed report looks positive for next week’s markets.
The U.S. Solicitor General and the attorneys general from 26 states are urging the U.S. Supreme Court to overturn a lower court decision that upheld California’s novel Proposition 12.
The Senate Agriculture Committee advanced two bills aimed at making cattle markets more transparent and competitive, with Sen. Chuck Grassley declaring his “years-long beef with Big Cattle” close to being settled.
Monday morning packers are convinced the solution to low cattle prices is more carcass hooks. Reality, however, suggests proposed new packing plants are out of step with cattle inventories and available labor.
USDA’s Agricultural Marketing Service raised its forecast for total U.S. red meat and poultry production in its monthly World Agricultural Supply and Demand Estimates (WASDE) on Friday.
