Current Cattle Market Daily Headlines: Friday, May 15, 2020

by | May 15, 2020 | 0 comments


Cattle marketing options; Market to Market

  • Colin Woodall stated that more price discovery is needed in our cattle markets, and one component of that is for more cash trade.
  • NCBA disagrees with the 50% negotiated cash trade bill that Senators Tester and Grassley brought forward this week because they don’t believe that needs to be mandated by our federal government.
  • Woodall feels that this bill would put more of a burden on the cow calf producers rather than providing more opportunities


Tyson Foods to cut retail beef prices

  • Tyson reported earlier this week that some beef items sold in grocery stores, restaurants, and to other customers could be discounted by 20%-30% through Saturday.
  • The meat processing company feels this discount is needed in order to keep beef on family tables across our nation while our processing plants are facing reduced levels of production.
  • The price of beef increased by 2.6% in April. We haven’t seen that big of an increase from one month to the next since 1974, according to the Bureau of Labor Statistics.
  • The discounts will be on chuck and round roasts, as well as some other ground beef products.


Boxed beef prices decline

  • Choice boxed beef: $450.92 (-$15.07)
  • Select boxed beef: 437.40 (+$.016)



  1. Current Cattle Market Daily Headlines: Friday, May 15, 2020 - Wild Sage News & Views - […] Read original article Author: Mackenzie Johnston […]

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

How did we get here?

From the Holcomb Tyson fire to COVID-19;
Click to see a timeline of events that have brought to light the profit and pricing disparity in cattle markets.


We're in this together.

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!