Texas
The sale of Kane Beef is scheduled to close Feb. 22, 2019, and operations are expected to resume “as soon as practical,” the new owner says.
44 Farms, Mc6 Cattle Feeders, Creekstone Farms and FPL Foods are all coming together with Walmart to deliver Angus beef to consumers.
Texas agricultural officials fear thousands of cattle may have died in the aftermath of Harvey, resulting in losses to ranchers of tens of millions of dollars.
‘Significant’ amount of ranches affected, industry group says.
Texas ranchers have 600,000 more cattle and calves than they did two years ago, according to the Texas Cattle Feeders Association. Packing plants have less competition and plenty of cattle to choose from, so they’ve dropped the amount they’re willing to pay for wholesale cattle.
As the State of Texas continues dealing with violence and other critical issues along the Texas-Mexico border, the threat of an animal disease and parasite outbreak continues to grow.
Hundreds of Texas farmers and ranchers welcomed the rain and spent a day indoors listening to the latest opportunities in the cattle market, potential for alternative crops, as well as other commodity presentations at the 2014 Blackland Income Growth Conference at the Extraco Events Center in Waco.