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BILLINGS, MT – A report on the impact of consolidation on cattle markets and the beef supply chain was manipulated using outdated and non-representative cattle market data. That’s according to R-CALF USA that is strongly refuting the 180-page document edited by Texas A&M University and released in June 2021. It was made available to the […]
LEXINGTON, KY – The U.S. cattle inventory experienced its largest mid-year decrease since 2012, down 1.3% since July 2020. The numbers came from the U.S. Department of Agriculture’s mid-year estimates of the U.S. cattle inventory. “I tend to focus more on beef cow numbers,” said Kenny Burdine, livestock marketing specialist for the University of Kentucky […]
BILLINGS, MT – In the wake of unprecedented meat supply chain disruptions and cattle market failures, congressional members have made numerous calls for antitrust investigations, the U.S. Department of Justice has announced several criminal indictments against officials of major meat (poultry) packing companies, and both chambers of Congress have held recent hearings. Three congressional hearings […]
WASHINGTON, DC – R-CALF USA received confirmation that its written testimony, submitted on behalf of its cattle ranching and farming members, has been accepted into the official hearing record for the June 23 U.S. Senate Committee on Agriculture, Nutrition, and Forestry’s hearing on Examining Markets, Transparency, and Prices from Cattle Producers to Consumers. R-CALF USA […]
WASHINGTON, DC – The USDA’s latest Cattle on Feed report had placements in May at the low-end of pre-report estimates. That, coupled with continued drought in parts of the country, could translate to higher cattle prices…eventually. Scott Brown is a livestock economist at the University of Missouri. He observes that placements were down, suggesting there […]