Cattle Market

The nation’s largest beef packers are facing a growing number of antitrust lawsuits alleging a conspiracy to fix prices, as five more complaints were filed in a federal court in …

The latest USDA Cattle on Feed report pegged the October 1 cattle on feed inventory at 11.449 million head, down 0.9 percent year over year.  This is the first year …

The Mid-Year Cattle Inventory Report confirmed that the cumulative effects of drought that past two years have accelerated liquidation of the beef cattle herd. The July 1 inventory of all …

The proposed $1.1 billion beef packing plant in Rapid City, South Dakota, got some backing this past week when the group heading the project also announced the plant would be …

At first glance, 2022 cattle prices are higher than 2021. At $138, slaughter steer prices are 15.35% above 2021 prices, but even with higher prices, farmers and ranchers will travel …

In the past 10 years, the fed cattle price has declined 6% from the first week of May through the end of June. Under current conditions, this suggests a $135/cwt. …

Wednesday morning, the House Agriculture Committee passed the Meat and Poultry Special Investigator Act, sending the bill to the House floor. The bill would create a new special investigator office …

Four U.S. senators have struck a deal on a livestock price discovery bill to expand negotiated cash trade for cattle and a library to provide producers details of marketing contract …

The pandemic and other market shocks (i.e. packing plant fire, unprecedented winter storm, cyber-attack, etc.) since 2019 have resulted in impacts and residual effects that affect cattle and beef markets …

October’s USDA Cattle on Feed Report revealed feedlot placements in September were 97.1 percent of last year and marketings were 96.9 percent of one year ago.  The placement total was …