Cash fed cattle prices ended last week $10 per cwt. lower than last year while the beef cutout closed $16 higher than the same week a year ago. The result? Packer margins $314 per head more than last year.
Large volumes of cattle traded in all regions at $2 higher prices ahead of Friday's cattle on feed report which counted 4% more inventory than last September.
It seems as though marketing has always been kept at an arms-length from production agriculture. Until recently, raising cattle has been well-defined just as the name says – raising cattle.
A fourth-generation Minnesota farmer has spent more than two decades seeking an
alternative crop. His solution—hybrid rye—offers a low-maintenance small
grain that pairs well with livestock & boosts sustainability
NCBA released a statement highlighting federal programs that are available for cattle producers across the country who are being impacted by wildfires, hurricanes, drought, and other natural disasters.
China has suspended imports from an OK Foods poultry plant in Fort Smith, Arkansas, because of coronavirus cases among workers, the USA Poultry & Egg Export Council said on Tuesday.
"For too long, cow-calf producers across the nation have marketed our cattle with one hand tied behind our back. The culprit has been an ever-growing lack of price discovery."
Wisconsin beef processor Strauss Brands is seeking approval to build a new 152,000 square-foot packing facility that will process between 250 and 500 head per day.
