Beef packers continued to maintain their strangle-hold on the market this week. Rising boxed beef cutout prices will pad packer profits – likely to exceed $400 per head.
Kansas Gov. Laura Kelly said Thursday that every meatpacking plant worker in Kansas who wants a COVID-19 vaccination can get one by the end of next week.
Colorado Governor Jared Polis angered ranchers when he declared March 20 as MeatOut Day in his state, further promoting misinformation about cows and climate change.
In another installment in the years-long saga of the Hammond Ranch, the Interior Department on Friday rescinded grazing permits that had been restored under the Trump administration.
Nearly 900 cows are set to be euthanized by Spanish authorities fearing bluetongue after the cattle drifted for more than two months on the Mediterranean Sea while the owners searched for a buyer.
Auction markets noted firm demand and a stronger undertone last week for grazing cattle with spring now less than a month away. Auctions were in full-swing again after the previous week’s winter storms.
Last week’s winter storm and brutally cold temperatures caused many auction markets to cancel sales. Those that were open saw stocker and feeder cattle prices higher.
Negotiated cash cattle prices traded higher in all regions while many feeder cattle auctions were cancelled due to winter snow and brutal cold temperatures. Cattle on Feed 1% higher on Feb 1 compared to last year.
Poss Deadwood, a yearling bull bred and sold by Poss Angus Ranch, Scotia, Neb., became the second highest selling bull in at least a quarter-century during a sale on February 5, 2021.
Tyson Foods announced additional incentives for frontline workers to receive vaccinations for COVID-19, including compensation for workers vaccinated outside of their normal shift or through an external source.
