A fall rally in cash fed cattle markets has added $5 to $6 per cwt. over the past three weeks. Feeder cattle remain in moderate demand, but drought conditions across much of the Great Plains is affecting cattle markets.
Omaha-based Green Plains Inc., has sold its remaining 50% interest in Green Plains Cattle Co. LLC, which has a one-time capacity of 355,000 head in six feedlots across three states.
This week’s higher cash and futures prices have traders looking for additional gains next week. Packers gave up some leverage but their margins remain excellent.
Large volumes of cattle traded in all regions at $2 higher prices ahead of Friday’s cattle on feed report which counted 4% more inventory than last September.
R-CALF and the National Farmers Union ask the Federal Trade Commission to correct “substantive conflicts” seen between existing federal law and USDA’s “past, present and future meat labeling schemes.”
Several working dogs have been “rescued” by well-meaning hikers or campers in Idaho, recently, who believe the dogs to be lost or abandoned. The “rescues” have become a nuisance for ranchers.
No one really expects a 21st Century governor or ag commissioner to know how to milk a cow or castrate a calf. But is it too much to ask that they understand food doesn’t just come from the grocery store?
Declines in dairy cow slaughter have more than offset an increase in drought-driven beef cow slaughter from two of the nation’s largest beef cow regions.
America’s lamb industry lost 20% of its processing with the bankruptcy of a Greeley facility purchased by JBS. Lamb ranchers claim the closure puts them in crisis and lawmakers are asking the DOJ to investigate.
