Ed Czerwien, market analyst based in Amarillo, Texas, offers a concise summary of last week's beef cutout trade where prices continued to decline.
The outlook on 2020 marketing turned especially muddy after COVID-19. But you still have calves to sell and plans to put in place. Here's Harlan's thoughts on what we might see.
Feedyards were adapting to changing dynamics in the beef business long before COVID-19 was a household word.
Proposed legislation requires 50% of fed cattle be bought on the cash market.
Calf prices this fall could be higher than last year.
Cash prices decline as competition for hook space increases.
According to May 1 feeder cattle inventory figures, large numbers of feeder cattle are outside feedyards. Value-added management and subsequent marketing is more important than ever.
Want to change the cattle market? Remember the law of unintended consequences.
Ethanol plants are being idled because of decreased gasoline demand. All the while, ethanol inventory in storage grows bigger.
Forget about a chicken or tuna salad sandwich or even a faux-meat veggie burger, hot all-beef burgers rule.