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The U.S. Department of Defense (DoD) is no longer pursuing lab-grown protein projects for human consumption in Fiscal Year 2025 Defense Appropriations bill.

The summer slump has cut average industry cattle feeding margins by a third yet profits remain historically large. Pork margins also retreat from recent highs.

USMEF is working with USDA and Public Health Information System as well as industry partners to eliminate other barriers for U.S. meat shipments to Canada.

U.S. Attorney’s office accused defendant of devising a scheme to steal from Montana and Wyoming ranchers who were seeking to buy hay to feed their cattle during drought in 2021.

The producer’s share measure is of questionable value when it comes to evaluating the health or strength of the industry. That’s especially true if it’s being leveraged for policy purposes.

Grains Trade Weather and China Economic News

The CyberStrike debacle that grounded planes and shuttered various operating systems likely contributed to the stumbling futures market that incited early week cattle trades.

Cattle on feed numbers were fractionally higher on July 1, despite the smallest June placement total since 2016.

Fed cattle traded lower for the second consecutive week as mid-summer beef demand softens. Friday’s Cattle on Feed report was mostly as expected.