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As the impact of COVID-19 continues, trying to stay afloat may be too much for some operations to withstand. Many face a tough reality: liquidating cows and a shrinking industry.

Modeled after a set-aside program used in Canada after the BSE crisis in 2004, the Fed Cattle Set-Aside Program proposal would fund placing cattle on a maintenance diet for 75 days.

A cattle group is floating the idea of a set-aside program for the cattle industry. Pro Farmer’s Jim Wiesemeyer and Greg Henderson of Drovers will have the details on today’s Farm Journal Live.

Allflex® Livestock Intelligence FAQ about SenseHub™ Beef

Remote cow monitoring reaches the beef industry

No one can go watch their cows and heifers 24/7, but SenseHub™ Beef can, according to Allflex® Livestock Intelligence.

The South saw another wide trading range last week as prices ranged from $95 to $115 per cwt. for cash fed cattle with just two packers active in the negotiated cash market.

Bi-partisan legislation was introduced in the Senate on Tuesday that would require 50% of a packer’s cattle purchases each week be negotiated on the cash market.

Tyson Foods said on Wednesday it will discount prices on certain protein products the remainder of this week, and some beef items could be discounted 20% to 30%.

The U.S. and global economy is in uncharted waters. There are many unknowns about the timing, severity and aftermath of the disease. For beef, there are longer-term questions about the overall impact on demand.