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Cattle and hog feeding
Profit Tracker: Steady In The Red

Cattle and hog feeding margins were little changed last week, with both recording modest losses. Beef packers saw improved margins on significant gains in wholesale beef prices.

Nebraska Feedlot @TLauritsen
Fed Cattle Steady As Futures Hit 11-Month High

Cattle feeders were left on the sidelines as every other cattle/beef market segment saw a price rally. Futures markets set new highs, but cash cattle have not reached $112 for seven months.

Cargill Dodge City
Cargill Will Temporarily Idle Two Packing Plants

Cargill announced it will temporarily idle two of its protein processing facilities for scheduled maintenance. The idling of the facilities is unrelated to the COVID-19 pandemic.

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Trump Pardons South Dakota Ranchers

President Trump granted full pardons to members of a South Dakota ranching family who were supported by Governor Kristi Noem and Senator Mike Rounds.

Feeding margins declined
Profit Tracker: Cattle, Hog Margins In The Red

Higher grain prices and lower cash livestock prices contributed to a decline in feeding margins last week, leaving closeouts showing red ink for both cattle and hogs.

Broilers
Tyson Settles Anti-trust Case For $221.5 Million

Tyson Foods has agreed to pay a settlement of $221.5 million in the broiler chicken antitrust civil price-fixing lawsuit, according to filings Tuesday in federal court in Chicago.

Guide Rock Fire
Nebraska Wildfire Forced Evacuations, Donations Sought

A wildfire forced evacuations in southwest Nebraska last week as the entire state is now in a drought. The Nebraska Cattlemen have identified ways to help those impacted by the fire.

Winter cattle feeding
Cash Cattle Weaker As Grain Rallies

Cash cattle prices slipped lower throughout the week as packer demand was called moderate. Grain markets posted a significant rally on the heels of USDA's report on Tuesday.