cattle prices

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

Agricultural credit conditions in the Tenth District of the Federal Reserve continued to strengthen in the first quarter of 2021. After a sharp rebound at the end of 2020, conditions in the broad agricultural economy continued to improve alongside additional increases in crop prices ...

A Tri-Cities area rancher pleaded guilty this week to a single count of wire fraud and faces up to 20 years in prison for managing cows he never owned. Investigators say the scam started in 2016, when Cody Easterday contacted with Tyson Foods, to purchase and maintain cattle for the packing giant ...

CME Group recently began publishing a new Boxed Beef Index. The index is designed to provide the beef industry with better price discovery. CME Group’s Tim Andriesen said the idea for the index started with the Port Cutout futures and options launched late last year. ...

A deep dive into the latest USDA Cattle Inventory Report indicates a tighter beef supply situation for the coming year, according to Katelyn McCullock, director and senior agricultural economist for the Livestock Marketing Information Center ...

Who's making money, and who isn't making money, in the beef cattle business? When starting at the end point and working backwards, margins are quite firm. USDA Livestock Analyst, Shayle Shagam, said as far as cattle feed lots, those margins have been up and down all year ...

The National Cattlemen’s Beef Association released its proposal over the weekend for voluntary cattle market price discovery. In a letter to NCBA members, NCBA President Marty Smith said the proposal "lays out a plan to increase negotiated trade and incentivize each of the major packers' participation in such negotiated trade." ...

Taking a look at the USDA's most recent cattle report, markets are fairly neutral at this point. Livestock Analyst, Shayle Shagam, said figures from July 1st of this year are very similar to numbers from July 1st 2019, despite the supply chain disruptions we've seen ...

On Social Media Wednesday, Ag Secretary Sonny Perdue announced the USDA will investigate the large margin increases for meatpackers during the coronavirus outbreak. The Twitter announcement of the probe came after several members of Congress called for an investigation ...