Feedyard
Evaluating market fundamentals has led most analysts to project stronger price trends over the next few years. But just how high could prices go? Studying market patterns over the last 30 years provides valuable clues.
An overnight fire at the JBS beef facility and a temporary computer glitch at Tyson’s Dakota City facility disrupted beef packing on Monday sending futures prices sharply lower.
While Tyson’s lawyers were filing a lawsuit on Monday against one of the packer’s largest cattle suppliers, the ink was still drying on the sale of one of that supplier’s feedlots to one of Tyson’s competitors.
New research shows Enogen corn for feed, fed to cattle as grain or silage, helps convert starch to sugar more efficiently, resulting in more readily available energy for livestock, thus providing environmental benefits.
Claiming losses of “more than $200 million” in connection with “200,000 cattle that did not exist,” Tyson asks for a court-appointed receiver to takeover Easterday Ranches in Washington state.
The antitrust class-action lawsuit alleging America’s largest beef packers conspired to fix cattle prices has been dismissed by a federal judge in Minnesota.
Cash cattle and futures traded lower for cattle most of the week, while grain markets experienced a harvest rally.