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Cash fed cattle prices came under pressure last week as packer needs were lighter than in recent weeks. Wholesale beef prices have declined resulting in lower margins for processors.

Implementation of the Veterinary Feed Directive left a significant loophole for products that were available over-the-counter (OTC) by other dosage forms. OTC availability of these products will end by June 11, 2023.

Crude oil hit a 13-year high and wheat topped $13. With front-month soybeans soaring past $17, and corn nearing the $8 mark, the crisis in Ukraine means food and fuel inflation fears are also heating up.

Just as wheat prices hit a new all-time high, the March contract was spooked, as profit taking caused the front-month contract to drop more than 80 cents in minutes. Despite that, the fundamental story hasn’t changed.

Wheat and corn prices continued to find fuel this week from the ongoing conflict in Ukraine, but cattle markets were in retreat. The Russia/Ukraine conflict will continue to play a role in markets moving forward.

This is a broad-spectrum, prescription antibiotic that treats the major organisms associated with bovine respiratory disease (BRD), foot rot and pinkeye.

Are speculators in CME Live cattle futures markets dominating price movement, adding to volatility and uncertainty? Nevil Speer examines the data to provide perspective.

Soft Red Winter (SRW) futures hit an all-time high Friday, as consecutive limit up trading days meant wheat prices topped a previous high set in 2008.