Current Cattle Market Daily Headlines for January 8, 2021

by | Jan 8, 2021 | 0 comments

U.S. Farmers Union condemns violence at the capitol

  • The National Farmers Union (NFU) is labeling the group that stormed the capitol on Wednesday as insurrectionists and condemning their attempt to undermine democracy.
  • The group’s actions were a disturbing attempt to undermine the will of American voters and the very democracy that guarantees our freedoms and protections, according to the NFU.
  • NFU’s president, Rob Larew, stated that these acts of intimidation and terror have no place in this country and they cannot be condoned or brushed aside.
    • He also stated that this event shows how fragile democracy really is. It doesn’t just exist because it is written in the Constitution; it requires action on the part of every American.


Senator Stabenow to make carbon market top priority

  • Now that the Senate is split 50-50, Senator Debbie Stabenow will most likely chair the agriculture committee once again.
  • One of Senator Stabenow’s top priorities is to establish a carbon market.
    • She’s a sponsor of a bill that accelerates Carbon Credit Trading through the USDA.
  • On Wednesday, Stabenow told reporters in Washington that the exchange would be voluntary, but climate policy for farmers and ranchers is a top priority for her.
    • She did not say if she would be repealing any regulations from the Trump era.


Nebraska official clarifies meat plant worker status for Covid-19 vaccine

  • A spokesman for Nebraska Governor Pete Ricketts has reported that meat-processing workers in Nebraska will not need to prove U.S. citizenship to receive the Covid-19 vaccination.
  • On Monday, Ricketts responded to a media question regarding whether or not undocumented meatpacking workers would be able to receive the vaccine.
    • Ricketts stated that undocumented workers are not allowed to work in processing facilities.
      • One media outlet took this response to mean that undocumented workers would not be eligible to receive the vaccine at all, which resulted in concern from advocacy groups, state legislators and other stakeholders.
    • According to the Migration Policy Institute, 66 percent of Nebraska’s estimated 26,600 meatpacking workers are immigrants and many of them are undocumented.
    • Ricketts’ spokesman made it clear that there will be no requirement for Nebraskans to provide proof of U.S. citizenship to receive the vaccine.
      • He closed in saying that as vaccine supplies increase over time, priority will be given to citizens and legal residents ahead of illegal immigrants in Nebraska.


Sausage king Jimmy Dean adds plant-based breakfast patties

  • For the first time in the 52-year history of the Jimmy Dean brand, Tyson Foods is adding breakfast sandwiches with soy-protein patties to its sausage line.
  • Jimmy Dean Plant-Based Patty, Egg & Cheese Croissant Sandwiches will consist of a plant-based patty made of soy protein and egg whites.
    • The patty is then topped with American cheese and eggs, and then sandwiched between a croissant.
      • Each sandwich provides 13 grams of protein.
    • Jimmy Dean’s second plant-based breakfast sandwich will be a patty made up of soy protein, black beans, brown rice, quinoa and egg whites.
      • It will be topped with spinach and egg white frittata and American cheese on a whole wheat English muffin.
        • This sandwich contains about 15 grams of protein.
      • Senior Director of Marketing for Jimmy Dean, Scott Glenn, said it was vital for the company to expand its portfolio to provide people with alternative choices.

Boxed beef prices

  • Choice boxed beef: $205.81 (+0.54)
  • Select boxed beef: $196.59 (+0.51)


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How did we get here?

From the Holcomb Tyson fire to COVID-19;
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