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Pilgrim’s Pride Agrees To Price-Fixing Fine

Pilgrim's Pride, the nation's second-largest poultry processor, entered a guilty plea to federal charges of price-fixing and bid-rigging, the Department of Justice said on Tuesday.

Profit Tracker: Cattle Steady, Hog Margins Solid

Cattle feeding margins were little changed from the previous week with modest profits. Hog feeding margins were boosted for a third week with another advance in lean carcass prices.

Stocker and Feeder Cattle Higher

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.

Nebraska Feedyard
Cash Cattle Higher, COF Up 1%

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.

Profit Tracker: Cattle, Hog Margins Improve

Cattle feeding margins improved $60 per head the week ending Feb. 12 and hog margins reported profits for the second consecutive week as lean hog prices rallied.

Poss Deadwood
Nebraska Bull Second Highest-Selling Angus

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 frontline worker receives COVID-19 vaccine.
Tyson Provides Incentives For Worker Vaccinations

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.

Feedyards, Packers Disrupted By Weather and Energy Shortage

A winter storm and the coldest temperatures in decades has created another crisis for cattle feeders and beef packers. Rolling power outages and natural gas shortages at feedyards has hampered efforts to feed cattle.