Emergency haying and grazing on CRP land is now allowed in 32% of the counties in the U.S., according to USDA. In June alone, emergency haying and grazing was authorized in 196 counties.
As part of its Hometown Strong program, JBS USA says it will invest additional funds to work with local leaders to build new homes and establish revolving funds to stimulate housing construction.
Cattle trade was light in all regions this week with prices steady to higher. USDA’s cattle on feed report put inventories up slightly with placements down 7% from last year, at the low-end of the pre-report estimates.
No rancher wants to sell cow-calf pairs in May, but that’s exactly what’s happening at Stockmen’s Livestock Exchange in Dickinson, North Dakota. Extreme drought conditions brought 700 pairs to the sale last week.
The fallout continues from a ghost-cattle scheme as Rabo AgriFinance filed suit in federal court seeking to foreclose on Easterday family assets that have been in default for months.
JBS USA said Wednesday the “vast majority” of its processing plants were operational after a Memorial Day weekend cyberattack on its operations in North America and Australia.
The disparity in cattle markets was a lead topic of discussion during Senate Agriculture Committee’s nomination hearing for USDA’s general counsel, with Senators promising to soon hold a hearing on livestock markets.
