Packer
New research helps policymakers understand the role multi-plant coordination plays in the fed cattle market as they consider policies aimed at increasing negotiated trade with the hope of improving price discovery.
Packers put wheels under cattle to buy themselves time as Southern cattle are hauled to Northern plants.
Northern feeders have experienced considerably more adverse weather and muddy pen conditions than southern yards, contributing to the tightening supply of well-finished cattle.
Tyson Foods gave its chicken suppliers two months’ notice of its plan to shut a Virginia processing plant in May, raising concerns among farmers and legal experts about Tyson’s compliance with antitrust regulations.
National livestock groups are uniting to support Congressional efforts to expand opportunities for industry to invest in meat packing capacity.
The management of Brazilian meatpacker JBS SA said on Wednesday it “will be selective” in relation to launching share buyback programs and also regarding acquisitions given instability in international markets.
A proposal for a new 320,000-square-foot beef processing facility has been submitted for a site in eastern Kansas by an unnamed retailer.
Beef packers show their willingness to rely on their captive supplies as they struggle to hold a lid on rising cattle prices. Tighter supplies in the coming weeks will force their hand.
The 2023 bull market entered March with modest gains for fed cattle and some impressive gains for feeder cattle and calves. The spring seasonal rally is likely to extend well into April.
Packers grudgingly bid higher for the week in what was called a light to moderate trade. Cattle feeders were firm sellers as some passed on those higher bids late week.
Packers waited as long as possible last week, grudgingly pushing the market higher with trades well into Friday’s happy hour and some even on the weekend.
Cattle feeders and packers were in a standoff most of the week with cash trading only moderate in all regions. Cattle feeders are in a good position as inventories and carcass weights declining.
Our favorite retired cowboy editor spent a few winter evenings reading the latest anti-beef ramblings. His review of “Raw Deal” is not likely to spur a spike in book sales, nor change many mindsets, we suppose...
Cattle feeders seem to start each week from behind as packers have utilized their captive supplies perfectly to maintain their margins.
Construction is expected to begin this year for Cattlemen’s Heritage Beef Company, a 2,000-head per day beef processing facility south of the Omaha/Council Bluffs metropolitan area.
Negotiated cash cattle trade was slow to develop but finished the year strong with price advances in all regions.
Wholesale beef prices are running $20 per cwt. higher than the same week a year ago, with last week’s blizzard one factor in the rally. But retail demand for a shrinking supply will support prices into the New Year.
A handful of highly recognizable fast-food restaurant chains have filed suit in Florida against the nation’s four largest beef packers, alleging price fixing.
In one of the largest modern-day cattle schemes, Cody Easterday’s story continues after being granted a two-week prison self-report deadline extension.
More than 90,000 U.S. hourly employees of Tyson Foods will receive year-end bonuses that range from $300 to $700.
After realizing historic profits the past couple of years, beef packers now find themselves in a similar position as their cattle feeding suppliers experienced - shrinking margins and reduced leverage.
Cash cattle trades a week following the Thanksgiving rally saw steady prices, but the steadily declining supply of harvest-ready cattle will continue to shift bargaining leverage to producers.
How do cattle producers get better? That happens with less social media and more spreadsheets; less pandering and more professionalism; less Matrix and more Moneyball.
Packers were forced to raise bids to acquire inventory during the holiday-shortened week, extending the autumn price rally.
USDA extends the comment period for the proposed rule titled, “Inclusive Competition and Market Integrity Under the Packers and Stockyards Act.”
Bullish trends in CME futures last week gave cattle feeders leverage to seek higher bids as last week progressed. Packers continue to lose leverage as the fall rally progresses.
What number of beef processors would resolve producer concerns about “lack of competition?” Should meat processing be different than other industries?
Packers push harvest pace higher and continue to seek higher grading cattle as they look to keep the holiday rib pipeline full.
The Department of Labor asked a federal court to issue a temporary restraining order against Packers Sanitation Services Inc. to stop illegally employing minor-aged workers while DOL continues its investigation.
The $7.2 million facility located at the University of Nebraska’s (UNL) Eastern Nebraska Research, Extension and Education Center near Mead, Neb. has officially broken ground.