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The cattle markets breathed a sigh of relief after USDA announced negative test results for H5N1 in ground beef. And a former USDA Under Secretary for Food Safety says is unlikely to be found in beef in the future.
The ministry called on the U.S. to correct its “wrongdoings” and cancel the tariffs.
Machinery Pete selected a pair of used tractors as his Pete’s Pick of the Week on AgriTalk Radio. He also discussed the over supply of late model, high horsepower tractors pushing prices down on dealer lots.
Grains see profit taking on the announcement of additional China tariffs, plus Conab raises Brazil estimates. Livestock bounce on short covering, higher products, lower feed. Kent Beadle, Paradigm Futures, has more.
“The current lifetime estate and gift tax exemption is $13.61 million and will be cut in half beginning in 2026.”
Livestock futures had a rough start to the week, more pressure to come?