Search - Drovers

A recent bill passed the House Ag committee outlines the creation of a contract library to provide a public listing of terms and details in order to provide greater market transparency.

EU Commissioner for Agriculture Janusz Wojciechowski and U.S. Ag Secretary Tom Vilsack announced a newly created transatlantic collaboration platform on agriculture sustainability and climate change.

Producers should manage their calving season, genetics, grazing system, supplementation program and herd health to achieve an average BCS of 5 to 6 (target 5.5) in the mature cow herd at calving time.

The Biden administration kicked off the nearly week-long trip EU climate trip with a $1 billion announcement. And there’s more funds in the Build Back Better program, but some say details are still sparse.

COVID-19 has temporarily placed a restriction on the number of cattle that can be harvested in a given week. That scenario is usually a recipe for lower prices, but this week’s extremely light fed trade was steady.

The coronavirus meltdown is the second black swan event for cattlemen in six months, but many fear this is worse than the Tyson packing plant fire.

Tyson Foods announced a one-time assistance payments to cattle feeders “in an effort to demonstrate our commitment and support of our valued cattle suppliers.”

Significantly reduced slaughter levels brought the full weight of the COVID-19 crisis to bear on cattle markets this week as cash cattle prices declined and boxed beef prices spiked to record highs.

While any tally of cattle waiting on shackle space is – at best – an estimate, an analysis of Cattle on Feed and slaughter data suggests estimates of 1 million cattle backlogged may be overstated by as much as 50%.

CoBank estimates meat supplies at grocery stores could shrink nearly 30% by Memorial Day, leading to prices rising by as much as 20%. Some cattle producers say they are barely hanging on due to futures prices.