Grain futures were lower Thursday in early trading on the Chicago Board of Trade.
Packers were back to buying cattle for a full slaughter week, but their interest only seemed moderate to most feeders. Prices were mostly steady on moderate demand.
Meaningful change isn’t accomplished overnight. More often, it happens slowly by chipping away piece by piece until something new suddenly takes shape.
Brazilian federal police on Wednesday advanced a probe into alleged inspection bribes involving officials from the Agriculture Ministry, meatpackers and dairy companies in northern and northeastern Brazil.
Both feedyards and packers remained solidly profitable last week.
If a vaccine isn’t preventing disease, perhaps the money would be better spent on adding real value to calves.
Carl Stevenson: cowboy, World War II veteran and cattle feeding entrepreneur.
Bluefield Technologies plans to use methane-sensing satellites.