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.
For his immeasurable impact on the industry and the people in it, Matsushima will receive the 2020 Feeding Quality Forum Industry Achievement Award. He’ll be recognized during the virtual event, slated for Aug. 25-26.