Articles tagged under: cattle
Drought Conditions May Boost the Backlog of Cattle
Published June 10, 2020
Boxed beef prices continue to drop as packing plant capacity chews through the backlog of heavy weight cattle. Loewen and Associates Market Analyst Matt Hines says there is growing concern that drought conditions in parts of the U.S. could send…Addressing the MN Supply Chain Disruptions
Published June 8, 2020
Many meat packing plants in Minnesota are back up and running, but they are not at full capacity. Minnesota Agriculture Commissioner Thom Petersen says there are still some disruptions in supply chain. "We continue to monitor disruptions, but the hogs…More Sunflowers Going In
Published June 5, 2020
Solen, North Dakota farmer and rancher Kenny Schmidt typically grows wheat, corn and sunflowers. More acres this year have flipped from wheat to sunflowers. "Wheat is hard to make work anymore; it appears like there's always some kind of discount…A Few Limitations for Cattle Producers in CFAP
Published May 29, 2020
North Dakota Stockmen’s Association Executive Director Julie Ellingson said while the Coronavirus Food Assistance Program is a step in the right direction, there are limitations to the program for cattle producers. "The April 15 date is what's catching many of…NCBA Opposes Restrictive Cattle Marketing Options
Published May 13, 2020
The National Cattlemen’s Beef Association is opposing the spot market bill recently introduced by Iowa Senator Chuck Grassley and Montana Senator Jon Tester. The legislation would require a minimum of 50 percent of meat packers slaughter volume to be purchased…U.S. Cattle Industry is Waiting on Further Assistance Details
Published April 27, 2020
Cattle producers are slated to receive $5.1 billion of the $9.6 billion in USDA direct payments for the livestock industry. However, U.S. Cattlemen’s Association Senior Policy Analyst Jess Peterson says the industry is waiting on specific details. "The Department of…Driving the Demand for Beef
Published April 27, 2020
Cattle prices have plummeted in recent weeks due to supply chain disruptions from the coronavirus pandemic. Despite the current challenges, Cattlemen’s Beef Board chairman Jared Brackett says the checkoff program continues to drive demand for beef. The mandatory Beef Checkoff…Cattle Industry Speaks Up on Payment Limitations
Published April 23, 2020
The National Cattlemen’s Beef Association sent a letter to Agriculture Secretary Sonny Perdue, urging USDA against payment limitations for cattle producers in the Coronavirus Food Assistance Program. Currently, the program caps payments at $125,000 per commodity with $250,000 per producer…Study Estimates COVID-19 Cattle Industry Losses at $13.6 Billion
Published April 15, 2020
Cattle industry losses as a result of the COVID-19 pandemic are estimated to reach $13.6 billion. That’s according to a study by Oklahoma State University to help USDA allocate CARES Act relief funds to cattle producers. The study shows cow-calf…