Fed Cattle

With the extreme heat in cattle feeding areas there have been reports of death losses.

An 8,000-head per day state-of-the-art beef processing facility utilizing robotics and other high-tech features was announced in Rapid City last week. Groundbreaking would be as early as next year.

Sen. John Boozman (R-Ark.), ranking panel member reveals he had ‘spirited conversations’ and ‘unsuccessfully attempted to secure the expert opinion of the Office of the Chief Economist on S 4030.’

Groups are calling on USDA’s Food Safety and Inspection Service to recall any antibioitic-positive beef that was destined for USDA-approved “raised without antibiotics” labeling programs.

Cash cattle saw average prices move slightly higher for the week while CME futures tumbled lower. USDA’s reported cattle on feed February 1 inventory was the highest for that month in the series going back to 1996.