Friday’s report is anticipated not only for the information that enables market analysts to estimate slaughter cattle supplies, but also because the January report was unpublished due to the government shutdown.
Farmers and ranchers affected by wildfires are in desperate need of hay and other supplies. Blizzard conditions this past weekend in states north also created need for forage and government disaster assistance.
Anecdotal evidence and supply observations suggest packers have recently had a negotiating advantage over feedlots. Packer margins continue to be wide and the supply of cattle on feed continues to be high.
Dale Grotelueschen, director of the University of Nebraska-Lincoln's Great Plains Veterinary Education Center received the veterinarian of the year award from the Nebraska Veterinary Medical Association.