The COVID-19 Pandemic affects more of the country on a daily basis, forcing the closure or slowdown of packing plants, and impacting producer’s bottom lines. Here’s the latest around the beef industry.
A Texas-based marketing cooperative is working with beef packers to sort off the fattest cattle in member feedyards for harvest in an attempt to keep cattle from becoming overfinished.
Another steep decline in both fed cattle and feeder cattle was reported last week. Negotiated cash fed cattle sales were the second smallest since mandatory price reporting began in 2001.
