cattle prices

A new report claims negotiated trade mandates don't provide price discovery and market transparency as part of an analysis of the Cattle Price Discovery and Transparency Act of 2021. Republicans on the Senate Agriculture Committee requested the analysis from the Texas A&M Agriculture and Food Policy Center. T ...

Oregon's Ron Wyden and Montana's Jon Tester announced this week they are working with Republican Senators Chuck Grassley of Iowa and Deb Fischer of Nebraska rolling out the Cattle Price Discovery and Transparency Act. The compromise cattle market bill is part of the effort to "to return fairness to the cattle marketplace dominated by four major meatpackers" ...

Texas A&M University has completed a comprehensive report on the U.S. cattle and beef markets in response to a bipartisan request from the House Agriculture Committee. Among its key findings is that proposals increasing government intervention and mandates will cost livestock producers billions of dollars. ...

A new effort from USDA to bring transparency to cattle pricing is getting a lukewarm response from the industry, and some criticism. R-CALF USA CEO Bill Bullard said the problem is that large amounts of cattle taken out of the cash market that don't contribute to price discovery ...

When it comes to the future of the Cattle industry, CattleFax CEO Randy Blach said there’s reason for optimism. “Prices are going to get higher next year, the year after, and probably all the way into 2024. So, we should see improved profitability for the industry in total, which is really needed. We need to ...

R-CALF USA recently sent a white paper to the Senate Agriculture Committee calling for mandating large packing plants to purchase at least 50% of their cattle needs from negotiated cash cattle markets. R-CALF USA says the white paper provides real-time evidence that varying minimum cash cattle purchase requirements region-to-region will allow major beef packers to continue denying timely market a

More capacity, not more regulation, may be the direction Ag lawmakers take in dealing with cattle market concentration and wildly divergent cattle and beef prices. Senate Ag Chair Debbie Stabenow said dramatic differences of opinion were expected at last week’s hearing on the cause of high beef prices for major packers and low prices to small producers. But ...

On Thursday, Senate Agriculture Committee Chair Debbie Stabenow announced a hearing titled “Examining Markets, Transparency, and Prices from Cattle Producer to Consumer.” The Michigan Democrat, along with the committee’s ranking Republican John Boozman of Arkansas, scheduled the hearing for Wednesday afternoon. Cattle mark ...

A bipartisan effort is underway in Washington D.C. to manage what some have called a food crisis when it comes to the prices livestock producers receive. R-CALF USA CEO Bill Bullard said consumers are paying rapidly higher prices at the store, but cattle prices are collapsing ...

As restaurants and other parts of the food service sector begin to operate somewhat normally again. And that goes for all products to some extent, noted USDA Outlook Board Chairman, Mark Jekanowski, not just beef. Rewind the clock to just before the pandemic, restaurants, schools, and hotels open for normal business and then "The supply chain's got this big hiccup with COVID when everyone st