For the first time in its 38-year history the Iowa Governor’s Charity Steer Show (GCSS) will not be held at the Iowa State Fair. Due to the cancellation of this year’s fair Iowa State University will host the event.
The market has seen significant changes since the CAB Insider two weeks ago. Fed cattle supplies and total federally inspected cattle harvest continues to ramp up to a level just short of the volume seen a year ago.
Information is so available it's unreal. This reality made it ironic to be in the NCBA's cattle marketing committee meeting at the Cattle Industry Convention debating transparency and the need for more information.
We ended 2019 with 72% of the harvest reaching Choice grade and 8.6% Prime. There’s more premium beef on the market than ever. Could we be approaching our destination, maybe even delivering too much of a good thing?