The U.S. Department of Agriculture (USDA) today announced that beginning Monday, August 9, 2021, it will issue two new USDA Market News reports based on Livestock Mandatory Reporting data that…
Cattle Markets
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Ag News StoriesLivestock NewsNews
Competitive Meat Market Bill Introduced in the House and Senate
by Colter BrownLegislation to create tax incentives supporting small and mid-sized meat processing plants was introduced by Republicans in the House and Senate. The Hagstrom Report says the goal of the bill…
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Ag News StoriesLivestock NewsNews
Cattle Market Challenges Take Center Stage on Capitol Hill
by Colter BrownLINCOLN, Neb. (DTN) — Jon Schaben a cattle producer and sale barn owner from Dunlap, Iowa, told the Senate Judiciary Committee on Wednesday the disparity between live cattle prices and…
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Ag News StoriesLivestock NewsNews
Cattle Producers and Economists Share Market Challenges in Senate Hearing
by Colter Brown(DTN) – With multiple years of frustration by cattle producers over the price spread between fed cattle and boxed beef, economists Wednesday pointed to supply and demand — as well…
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Senate Agriculture Committee Chair Debbie Stabenow Thursday announced a hearing titled “Examining Markets, Transparency, and Prices from Cattle Producer to Consumer.” The Michigan Democrat, along with the committee’s ranking Republican…
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Ag News StoriesLivestock NewsNews
Tester Unveils Bill to Combat Anti-Competitive Practices in Meat Processing Industry
by Colter BrownU.S. Senators Jon Tester (D-Mont.), Chuck Grassley (R-Iowa) and Mike Rounds (R-S.D.) have announced new, bipartisan legislation to address anticompetitive practices in the meat and poultry industries that threaten the…
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Ag News StoriesLivestock NewsNews
Additional Cattle Market Legislation Introduced in U.S. House
by Colter BrownRepresentative Vicky Hartzler (R-MO-4) introduced the Optimizing the Cattle Market Act of 2021 in the U.S. House. The legislation builds on a growing consensus among cattle producers, industry leaders, and Members…
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Ag News StoriesLivestock NewsNews
Cattle Groups Press Ag Committee Leaders for Market Reform
by Colter BrownLeadership in the House and Senate Agriculture Committees are feeling more pressure for the cattle industry to address a number of barriers to profitability for cattle producers. The National Cattlemen’s…
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Ag News StoriesLivestock NewsNews
Governors Urge DOJ to Continue Investigation into Meatpacking Industry
by Colter BrownIn a joint letter to the U.S. Department of Justice, Montana Governor Greg Gianforte, North Dakota Governor Doug Burgum and South Dakota Governor Kristi Noem joined with Governors from Nebraska,…
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Ag News StoriesLivestock NewsNews
Beef Processing Capacity Limits Cattle Industry Profitability
by Colter BrownCurrent cattle market conditions present a lot of frustration to cattle producers. Boxed beef prices are on the rise, back to their highest levels since June of 2020. However, cattle…