What number of beef processors would resolve producer concerns about “lack of competition?” Should meat processing be different than other industries?
Last week’s cash market topped $150! It’s a timely opportunity to review the need for regulatory intervention into the cash market (i.e. the Cattle Price Discovery and Transparency Act of 2022).
NCBA said it is pleased to see the pilot program progressing and note the important decision to use the Livestock Mandatory Reporting statutes as a basis for any subsequent rulemakings.
Billions in breaks for energy sought in ‘tax extenders’ bill.
Beginning Monday, USDA’s Market News will issue two new reports based on Mandatory Livestock Reporting data to provide further insight into formula cattle trades and help promote fair and competitive markets.
With the industry divided on the Cattle Price Discovery and Transparency Act legislation, perspectives range across regions of the U.S. TCFA president and CEO Ben Weinheimer shares his southern plains viewpoint.
AgriTalk host Chip Flory discusses the status of the Cattle Price Discovery and Transparency Act with Senators Deb Fischer and Chuck Grassley.
The many moving pieces in grid marketing make it a bit of a chess game, but learning to play opens more opportunity for big wins. Ranchers can target cow herd genetics toward factors driving value in the supply chain.
Price discovery in today’s fed cattle market “appears to be functioning effectively in even the thinnest regional fed cattle markets,” according to an analysis by University of Arkansas agricultural economists.
Rich Nelson of Allendale says corn and soybeans showed resilience rallying into the close on strong demand. However, he thinks it may be exporters front loading their purchases. Cattle reverse in reaction to the McDonald’s E.coli story.
Brad Kooima, Kooima Kooima Varilek, says the cattle market has just felt better the last week with cash finally bottoming and futures posting a higher weekly close.