Cattle feeders displayed their market leverage this week as active trading pushed prices to new record highs. Friday’s Cattle on Feed report identified another strong placement increase.
Cattle feeding margins show improvement with higher prices. Beef packer losses remain in triple digits as market-ready supplies remain tight. Pork producer margins gain on higher prices.
The Ogallala Aquifer Summit brings diverse stakeholders and policy makers together to collaborate on how best to manage the High Plains’ precious water resources into the future.
In a near decade-long effort to create giant sheep hybrids in the U.S. with the goal of selling the trophy species to captive hunting ranches, the defendant violated federal wildlife trafficking regulations.
Cattle feeding margins improved as prices advanced. Beef packer margins improved but losses remain in triple digits as market-ready supplies remain tight. Pork producer margins gain on higher prices.
Two southeast Colorado ranchers agreed to pay more than $6.5 million in fines and will serve time in prison for tampering with NOAA rain gauges in a scheme to collect federal crop insurance.
Negotiated cattle prices moved higher again as supplies continue tightening. Packers are caught in significant margin squeeze with marketing leverage continuing to favor cattle feeders.
