Latest News From Greg Henderson

Cattle and hog feeding margins steady
Profit Tracker: Cattle, Hog Margins Steady

Cattle and hog feeding operations saw their margins remain modestly profitable last week with little movement in cash prices. Both cattle and hog feeding margins are higher than last year at the same time.

1 hour ago
Meat Packers Accelerated Spread of COVID-19, Study Says

New research published by the National Academy of Sciences ties livestock meat packing plants to 6% to 8% of U.S. COVID-19 cases, and 3% to 4% of the deaths through late July.

6 days ago
Feeder cattle sold uneven
Cash Fed Cattle Steady To Softer, Feeders Uneven

The Choice beef cutout price has rallied nearly $30 in November while cash fed cattle prices have gained just $5. As a result, packer margins have increased while feeding margins struggle to remain above water.

1 week ago
Packing plant workers
Lawsuit Alleges Tyson Managers Wagered On Employee Infections

While COVID-19 infections spiked at Tyson's Waterloo, Iowa, plant, supervisors allegedly placed bets on how many workers would become infected. Tyson CEO Dean Banks suspended the managers and announced an investigation.

1 week ago
Profit tracker
Profit Tracker: Cattle Margins Improve, Hogs Decline

Cattle and hog finishing margins are both modestly positive for the seventh consecutive week, though hog margins saw a slight decline with lower lean carcass prices.

1 week ago
Cattle Producers Grapple With Market Reform

Both mandatory and voluntary plans are offered to encourage market transparency.

1 week ago
Mountain ranch
California Defeats Proposition 15

Proposition 15 threatened voter-approved tax protections for commercial and agricultural properties enacted under Proposition 13, which passed with two-thirds majority in 1978.

1 week ago
Cattle weights are declining
Cattle Carcass Weights Moderating

Market analysts see signs that feedyards have significantly reduced the COVID-19-induced backlog of cattle and are regaining currentness, also a key factor in the recent market rally.

1 week ago