Latest News From Steve Cornett

Steve Cornett
Cornett: Cowboy Conspiracy Theorists Get ‘Catfished’

Satire regarding instructions packers provide their buyers was published by a popular online newsletter, triggering cowboy conspiracy theorists to bloviate before they investigated. Our ex-reporter has the current facts.

Steve Cornett
Cornett: A One-Sided Probe of Beef

Our favorite retired cowboy editor spent a few winter evenings reading the latest anti-beef ramblings. His review of "Raw Deal" is not likely to spur a spike in book sales, nor change many mindsets, we suppose...

Startup Packers Aim To Be Reliable Sources
Startup Packers Aim To Be Reliable Sources

Proposed new beef processors face multiple challenges in launching their new ventures, but Sustainable Beef, LLC and Producer Owned Beef believe their new models make them attractive to both cowboys and retailers.

Steve Cornett
Cornett: Thinking the Unthinkable

Plenty of folks are scared of the chickenization scenario, in which first come formulas, then come production contracts, then come “no other options.” Which sounds pretty awful. Is it?

Steve Cornett
Cornett: Calling Cory Booker

Why are we importing beef, especially processed beef, from Brazil? Why aren’t we and all the environmental groups working together to hit DC like Jan. 6, demanding we stop importing that stuff.

Steve Cornett
Cornett: Shoot Where the Duck is Going

“Don’t shoot where the duck is. Shoot where he’s going to be.” It’s a lesson Steve Cornett thinks some young cattle folk need to consider.

Steve Cornett
Cornett: Nuggets, But No Squirming

All four bosspackers testified in Washington this week, and none of our elected congressbeings made anybody squirm.

Steve Cornett
Cornett: Do I detect some cognitive illiberalism?*

When everybody you know seems to agree on something, it’s a lot easier to believe it, too. And believe it more!

Steve Cornett
Who Wants to Watch the Packers Squirm?

Next week will be a good one for folks with good internet access and a few free hours who want to see some rhetorical fireworks about cattle price discovery.

Steve Cornett
Cornett: A+ on APLUS

Regional processing plants are not likely to be an easy success, but we need them so badly. So much more badly than we need crabs-in-a-bucket laws telling big feeders their marketing methods are too efficient to be fair.

Steve Cornett
Cornett: Umm, Yes. Stochastic Error Terms

Regarding those cash mandates, now we have NCBA and Farm Bureau saying don’t do it. Don’t need it. And R-CALF apparently saying they won’t settle for such weak tea.

Steve Cornett
Cornett: The Mandaters Move On

Senators renewed their call for mandatory minimum cash trades for the purchase of fed cattle as they unveiled a revised Cattle Price Discovery and Transparency Act, and suggested Senate will hold hearings soon.

Steve Cornett
BBQ paradox: Don’t eat the good stuff

The owner of a Kansas City barbeque joint says he's "embarrassed" by brisket prices. He wants customers to "order anything besides the brisket and burnt ends." Have the Biden folks read the history of the Nixon debacle?

Steve Cornett
Cornett: A ‘Hard Cull’ On The Facts

In a rebuttal to accusations of being an “ally” to big packers over federal mandates for minimum cash trades for live cattle, Steve Cornett pleads not guilty and offers additional arguments for consideration.

Steve Cornett
Cornett: 'What Does the End of Beef Mean for Our Sense of Self?'

While we were busy exploring whether the government should make laws mandating how cattle are marketed, The New York Times has been writing beef's eulogy. Indeed, "beef is the Kiev of foods, besieged on all fronts."

Steve Cornett
Cornett: Q&A With An Iowa Cattle Feeder

In the fifth installment of a series exploring cattle market reforms, Steve Cornett conducts a Q&A with Brad Kooima, a commodity broker and independent cattle feeder in Sioux Center, Iowa.

Steve Cornett
Cornett: Stewardship and Sustainability Will Influence Price Discovery

Taking a detour into how stewardship and sustainability play a role in the future of cattle marketing, Steve Cornett offers the fourth installment of a who-knows-how-many series on proposals to reform cattle markets.

Steve Cornett
Cornett: Charity Markets

In the third installment of a who-knows-how-many series, Steve Cornett ruminates about the responses he's gathered from readers who are either for or against Sen. Chuck Grassley's proposed fix for cattle markets.

Steve Cornett
Cornett: Insights From 'A Yankee' Feeder

In the second installment of this series about the current cattle markets, veteran editor Steve Cornett visits with a Midwestern feeder who helps us understand Senator Grassley's curmudgeonly attitude about packers.

Steve Cornett
Cornett: Cattle Markets Could See ‘Techtonic Shifts’

This idea of mandating a certain level of cash cattle trade is a bit revolutionary in what has been an evolutionary change in cattle price discovery over these last couple of decades, says veteran editor Steve Cornett.

NCBA Affirms Opposition to Government Mandates
NCBA Affirms Opposition to Government Mandates

NCBA approved interim policy that removes any doubt about the group's distaste for government to regulate "cattle producers’ freedom of choice to conduct their own business and utilize their own marketing programs.”

Full NCBA Membership to Review Marketing Committee Policy
Full NCBA Membership to Review Marketing Committee Policy

NCBA's Marketing Committee passes policy suggestion on the Cattle Price Discovery and Transparency Act. The policy will need approval of NCBA's general membership.

Feedlot marketing proposals
Steve Cornett: A Phantom Itch

"A lot of folks think we should mandate with a law—a federal LAW, mind you, because those always work out so well—that more feeders sell in the cash market. But tying feeders’ hands like this isn’t the answer."

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Cloning a Steak

Can meat quality be reverse engineered?

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Beef’s New Era

With cheaper corn, cattle prices at record highs and cattle numbers at record lows, nobody doubts the cattle industry is about to enter a rebuilding phase.

U.S. Beef Export's Future is Bright

CattleFax see long-term growth in exports, but record prices could slow some trading partners beef purchases.

cattle feedyard
2013 Outlook: Another Crazy Year Ahead for Cattle

While nobody knows yet what will happen in 2013, here are five areas to keep your eye on.

Out to Pasture: USDA’s Saggy Fence Has to Be Fixed

Steve Cornett says there are two lessons that the cattle industry should have learned during the last couple of years and apparently didn’t.

CFTC Asks USDA for BSE Announcement Timeline

USDA says it is cooperating with a request from the Commodity Futures Trading Commission for a timeline of events.

Out to Pasture: What's Wrong with VINs for Cattle?

If every calf, cow and bull had a unique number all stored in a central location like a USDA database, cattle owners, buyers and lenders would all be protected.

Out to Pasture: Beef Demand Is the Key to Rebuilding

If you have a $1.20 fed steer and a $1.20 cost of gain, how much can you even afford to pay for the calf?

Out to Pasture: Animal Identification Gets a Friendlier Reception

With the prices we expect to charge when the cycle tops, we’ll need all the value we can get.

Next Drought Victim: 2012 Wheat Crop?

With farmers from Kansas to Texas saying they’ve never seen it drier, it looks like 2012 runs the risk of being another short crop year.

Out to Pasture: Will Beef Ever be Safe Enough?

The industry’s best hope for E. coli is not cleaner beef or more inspection, but a useful vaccine.

Watering Down the National Animal Identification System

USDA is doing all it can to make its animal traceability program politically acceptable.

Out to Pasture: Should We Consider Steak a Byproduct?

I’ve always thought of export markets as important to byproducts—the stuff you and I won’t eat. But if this economy doesn’t improve, or corn prices don’t come down, we may have to start thinking of the loin as a byproduct—not something Americans won’t eat so much as something they can’t afford to eat.

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Can Cattle Prices Last?

As commodities skyrocket, you have to wonder how much feeder cattle placements are really worth.

Can Cattle Break $1.20?

High priced corn and high priced feeder cattle are making positive break-evens impossible for feeders.

Out to Pasture: Too Fair for the Common Good

In W. Edwards Deming’s theories of management, there is a basic tenet that strikes me as immutable: You can’t inspect quality into a product; you must build quality in throughout the production process.

TCFA’s Advice on Eastern Livestock’s Problem

Texas Cattle Feeders Association Tuesday sent this information to its members, which include both buyers and sellers involved with the Eastern Livestock mess.

Large Cattle Buyer on the Skids

Eastern Livestock, LLC., one of the oldest and the biggest cattle order buyers in the U.S., has some $81 million in bad checks floating around the country.

Large Cattle Order Buyer On the Skids

Eastern Livestock, LLC., one of the oldest and the biggest cattle order buyers in the U.S., has some $81 million in bad checks.

RedMeatCompetition
Red Meat Competition

Packers, producers get worked up at livestock hearing

Clash of Opinions

Livestock producers at the Department of Justice’s competition forum in Fort Collins find lots to disagree about

Out to Pasture: Do We Really Want Change?

Obama promised fundamental change, and GIPSA is planning to deliver a big dose of just that

Out to Pasture: NCBA Pushes for a More Nimble Organization

The National Cattlemen's Beef Association is restructuring.

Signs Say to Look Up

Cattle supplies are up. Demand is down. Things should get better.

Out To Pasture: A Cowman's Free Campaign Advice

The election is right around the corner and if anyone associated with either campaign has promised anything to the cattle industry,