Articles tagged under: cattle markets
Hard to Keep Patient with DOJ’s Cattle Market Review
Published May 14, 2022
South Dakota Senator Mike Rounds is starting to lose patience with the Department of Justice’s major investigation on the four largest meat packers. "We're not satisfied with what's going on. There's a smaller group of us beginning to circulate requests…Top Four Largest Meatpacking CEO’s Invited to House Hearing
Published April 17, 2022
The House Agriculture Committee have invited the top four largest meatpacking CEOs from Cargill, Tyson Foods, JBS, and National Beef Packing to testify at the upcoming hearing on cattle markets and price increases for consumers. In addition to the CEOs,…Holding Onto Calves During a Down Market
Published March 6, 2022
With corn and wheat markets up and feeder cattle future markets declining, should producers hold onto calves through this down market? Oklahoma State University Beef Nutrition Specialist Paul Beck says there’s a few things to consider, including size of cattle,…Inflation Influences Ag Markets
Published January 26, 2022
All segments of agriculture are feeling the effects of inflation due to the supply chain issues. Zaner Ag Hedge Chief Marketing Strategist and Senior Vice President Ted Seifried says this doesn’t necessarily mean corn and soybean prices will increase. "Inflation…USDA Under Secretary Stops by National FFA Convention
Published October 29, 2021
Almost three months after being confirmed, USDA’s Under Secretary for Marketing and Regulatory Programs Jennifer Moffitt is traveling and meeting with the agriculture industry. Moffitt attended National FFA Convention on Thursday. She says there are a few key issues to…Corn Market Pressure Gives a Boost to Cattle Markets
Published June 13, 2021
Weakness in the grain markets moved the cattle market higher on Friday. “The cash cattle markets were slightly higher and if you look at the demand picture, it gave the live cattle a shot in the arm,” said Brian Strommen,…Vilsack Addresses Cattle Market Fairness in Confirmation Hearing
Published February 8, 2021
South Dakota Senator John Thune was the final Senate Agriculture Committee member to ask questions during Tuesday’s hearing for Ag Secretary Nominee Tom Vilsack. Thune asked about cattle market investigations. "We are going to look at every vehicle we have…#5 Story of 2020: DOJ Launches an Investigation into the Cattle Markets
Published December 30, 2020
Responding to requests from ranchers, farm organizations and state lawmakers, the Department of Justice launched an investigation into anti-competitive activity by the major beef packers. As a result of two major market-disrupting events within the industry, USDA then released a…USDA Releases Report on the Boxed Beef and Fed Cattle Price Spread
Published July 22, 2020
After keeping cattle producers waiting for months, USDA has released a report on the investigation into the boxed beef and fed cattle price spread. The investigation was prompted after a fire closed the Tyson beef packing plant in Holcomb, Kansas…