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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.

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.

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.

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%.

As COVID-19 impacts the supply chain, beef prices in grocery stores have started to skyrocket. Is $7.99 per pound for ground beef common? An interactive map shows just how high prices are getting for consumers today.

“The concept of sustainability that will be tested the next few years concerns economic security. Our U.S. public debt has become unsustainable, an issue that must be addressed.”

“A lot of folks think we should mandate with a law—a federal LAW, mind you, because those always work out so well—that more feeders sell in the cash market. But tying feeders’ hands like this isn’t the answer.”

Misinformation floating around about the Beef Checkoff in recent weeks has producers seeking answers to questions about the state of our industry. Greg Hanes, CBB CEO provides some key information.

When Farm Journal first met Patrick Montgomery last year, the three-year-old business was just picking up steam. Thanks to some new-found fame, KC Cattle Company has since taken off.