markets | Red River Farm Network

Good Demand for U.S. Ag Products

Published March 27, 2020

Trade is considered a bright spot going into Tuesday’s USDA Quarterly Stocks and Planting Intentions report. "We didn't lose demand in the agriculture sector during some of the worst times when it comes to the coronavirus outbreak," says Mike Zuzolo,…

Livestock Markets Trying to Look Past COVID-19

Published March 25, 2020

Packers within the cattle industry are stepping up, offering premiums to cattle feeders for the week of March 23. Another glimmer of good news is the cattle markets have rebounded to start the week. As the commodity markets try to…

Tyson to Offer Premiums for Cattle Harvested This Week

Published March 23, 2020

Tyson Fresh Meats is giving cattle feeders a one-time premium this week for harvested animals. The company provided the Red River Farm Network with the following statement: As an American company supporting the agricultural backbone of this country it is…

USDA Asked to Help Cattle Producers

Published March 23, 2020

Lawmakers are asking USDA to help cattle producers as the industry experiences a decline in commodity prices. One option being considered is a bill directing Agriculture Secretary Sonny Perdue to use Commodity Credit Corporation funds to offset the losses cattle…

Auction Markets Hit Hard by Coronavirus

Published March 19, 2020

The impacts of the coronavirus outbreak are being felt at Stockmen's Livestock Exchange, a Dickinson, North Dakota-based auction barn. A number of cow/calf producers did background calves after weaning this year. "They've been looking for an opportunity to sell on…

Limited Number of Feeders Sold in Aberdeen, SD

Published March 18, 2020

Aberdeen-based Hub City Livestock had a feeder cattle sale on Wednesday, but only 500-to-700 cattle were sold. Co-owner Steve Hellwig says normally there would be about 5,000 head through the ring. "We've told our local producers if you don't have…

Cattlemen Respond to COVID-19 Impacts

Published March 18, 2020

The cattle industry is responding to market disruptions as a result of the coronavirus outbreak. In a letter to Agriculture Secretary Sonny Perdue, other USDA officials and members of Congress, the U.S. Cattlemen’s Association says producers bottom lines are suffering.…

Hope for Market Stabilization

Published March 18, 2020

The market’s reaction to coronavirus fears has been "sell first, ask questions later." That's according to Cornbelt Marketing market analyst Sam Hudson, who thinks once the U.S. government's stimulus packages start to kick in the market environment should stabilize. "Once…

A Lot of Cattle Market Clarity to Come

Published March 18, 2020

There have been disruptions within the cattle markets as a result of the coronavirus outbreak. In particular, cattle futures are taking the hardest hit as traders anticipate a slowdown in beef demand with the possibility of a global recession. CattleFax…

SDFU Asks for Price Fixing Investigation

Published March 18, 2020

The South Dakota Farmers Union has sent a letter to Governor Kristi Noem and other state leaders asking them to investigate the possibility of price fixing among four U.S. meat packers. In the letter, SDFU President Doug Sombke says packers…

Articles tagged under: markets

Good Demand for U.S. Ag Products

Livestock Markets Trying to Look Past COVID-19

Tyson to Offer Premiums for Cattle Harvested This Week

USDA Asked to Help Cattle Producers

Auction Markets Hit Hard by Coronavirus

Limited Number of Feeders Sold in Aberdeen, SD

Cattlemen Respond to COVID-19 Impacts

Hope for Market Stabilization

A Lot of Cattle Market Clarity to Come

SDFU Asks for Price Fixing Investigation

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