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A recent USDA trade mission to Kenya determined that ecommerce in the area, post-COVID, has huge growth potential and signs of demand for U.S. red meat products.

After nearly four years of investigation on a check kiting and fraud scheme, a former owner of Plainville Livestock Commission (PLC) in Rooks County, Kans., has been convicted by federal jury.

Europeans argue that the act is a beggar-thy-neighbor scheme designed to lure investors away from Europe, just as the region’s economy teeters on the verge of recession.

Though it’s not quite like knowing the winning lottery numbers before they are drawn, there are some valuable insights to gain from understanding the cattle cycle and what the future might hold.

Retail beef prices are higher, but the more relevant prices are featured prices on the ads that are reported every week by USDA and provide a much more realistic picture of retail meat case activity.

Improving feeder futures prices, a stronger fed cattle market and limited supplies of feeder cattle all combined to push prices higher following Thanksgiving.

After realizing historic profits the past couple of years, beef packers now find themselves in a similar position as their cattle feeding suppliers experienced - shrinking margins and reduced leverage.