Packers were successful in filling their needs at steady money this week as wholesale beef prices moved lower. Feedyards were content to reduce showlists but remaining cattle are priced higher.
Cash cattle trade was called active with packers seeking to add inventory. Retailer buying was also active as they anticipate a seasonal slowdown in supplies.
The House Ag Committee passed the Cattle Contract Library Act of 2021 by unanimous vote on Thursday. Supporters say the act would give greater transparency to cattle markets and more leverage to producers.
Monday’s reveal of the Senate’s updated cattle market reform bill generated some strong opinions from a cross-section of industry stakeholders, but no consensus.
Fifteen food and beverage associations sent a letter to President Donald Trump requesting priority access to COVID-19 vaccines to protect workers and keep the food supply chain running.
Cheyenne, Wyoming’s mayor fueled speculation about possible relocation of the Western Legacy beef packing project with his comments in a weekly column in Wyoming media.
