Search - Drovers

Generally, a good week for agriculture with cattle steady to stronger despite a significant rally in the corn market. Packers try to hide their hand, but without inventory they must pay up to keep plants running.

Cattle industry leaders on Thursday (July 13) praised the introduction of a bipartisan congressional resolution recognizing the importance of commodity checkoff programs, including the Beef Checkoff.

The House Select Committee on the Chinese Communist Party (CCP) introduced an act to prevent foreign adversaries from exploiting U.S. land near security sites, and would push a review of current ownership in these areas.

State officials find these states serve as early examples of the challenges other places may face in response to the recent Sackett ruling on WOTUS.

Still unclear about the recent changes to over-the-counter antibiotics or beef promoting implants? Dan Thompson, DVM, host of Doc Talk TV, shares details about the new livestock antibiotic and implant regulations.

USDA’s APHIS is awarding more than $3.2 million to create antimicrobial resistance dashboards to improve access to information on antimicrobial resistance in domesticated animals.

Meanwhile, service prices and the core index (which excludes food and energy) remain high, with the core CPI descending to 4.8%.

Further discussion about cattle markets leads our columnist to conclude: producers are “prone to have high confidence in unfounded intuitions” and we often derive conclusions based on incomplete information.

Last week produced the lowest feed costs and lowest break evens for pigs placed in the finish barns since December 2021. Cattle feeders also saw declining feeding costs.