Latest News From Markets

Market-ready cattle backlogged may be less than previous estimates
Cattle Backlog May Not Be As Large As Feared

While any tally of cattle waiting on shackle space is – at best – an estimate, an analysis of Cattle on Feed and slaughter data suggests estimates of 1 million cattle backlogged may be overstated by as much as 50%.

7 months ago
Wesley and Joesley Batista
Batista Brothers Cleared To Return To JBS SA

A Brazilian Superior Court ruled Tuesday Joesley and Wesley Batista can return to positions of management at J&F Holding, the parent company of JBS SA, the world’s largest meat packer.

7 months ago
Brazil's JBS Being Sued by Labor Prosecutors Over COVID-19 Outbreak

Brazilian labor prosecutors are suing meatpacker JBS SA seeking damages and better work conditions after an outbreak of the novel coronavirus at a meat plant in Ipumirim, in the southern state of Santa Catarina.

7 months ago
U.S. beef imports total 11% of consumption.
USDA Data Projects Beef Imports At 11% of U.S. Consumption

Global beef trade is dynamic and trade levels rise and fall based on factors such as changes in currency valuation, areas of drought and global demand.

7 months ago
Friday's COF reports shows the impact of COVID-19
Derrell Peel: COVID-19 Provokes Turbulence In Feedlots

The feedlot industry will spend much of the summer working through the backlog of fed cattle but the hole from March and April feedlot placements should provide a marketing window to catch up by this fall if not before.

7 months ago
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."

8 months ago
CAB Insider: Grid Values Improve, Grade Runs High

Last week’s federally inspected cattle harvest brought a much brighter outlook to the supply chain, as it marked a two-week continuance of increased head counts in the country’s packing facilities.

8 months ago
AgriTalk: R-CALF CEO Discusses Cattle Industry During Pandemic

Bill Bullard, CEO of R-CALF USA spoke with AgriTalk host Chip Flory about the group’s call to open CRP lands, the 50/14 proposal and more.

8 months ago