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The agency plans to retain the current standard.

As one tries to look into the crystal ball of beef cattle prices, the one certainty is uncertainty.

There are numerous ways to classify risk. One useful taxonomy is to categorize risk as either operational risk or strategic risk. Operational risk is composed of business and financial risk. Business risk is defined as

Cattle and beef markets have decreased from April highs with uncertainty in a variety of factors weighing on markets the past month. 

The new year brings with it several changes in ongoing market dynamics, some new opportunities, and some new risks and continuing challenges for cattle and beef markets.

Both the U.S. Cattlemen’s Association (USCA) and National Cattlemen's Beef Association (NCBA) are happy with elements of the farm bill.

The coronavirus meltdown is the second black swan event for cattlemen in six months, but many fear this is worse than the Tyson packing plant fire.

Uncertainty plagues cattle markets with broader trade and political strife augmented by evolving feed market conditions. How much higher corn will go depends on acreage and yield, both uncertain at this time.