Current Cattle Market Daily Headlines for Thursday, September 10, 2020

by | Sep 10, 2020 | 0 comments

Tyson Foods becomes first U.S. food company to verify sustainable cattle production practices at scale

  • On Wednesday, Tyson Foods announced its work to verify sustainable beef production practices on more than 5 million acres of cattle grazing land in the U.S.
    • This will be the largest beef transparency program in the U.S. and goes along with Tysons’ focus to feed the world while taking care of people, planet and animals.
  • Tyson Foods will source cattle from BeefCARE-verified beef producers who are committed to raising cattle using practices that not only positively impact the land and animals, but also want to promote it.
    • BeefCARE is a third-party sustainability verification program for cattle ranchers. Its standards include practices such as having a cattle grazing management plan to help promote vegetative growth and diversity, water availability and quality, prevent/reduce soil erosion, and support carbon sequestration.
    • So far, more than 200 ranches are enrolled in the program with plans to expand the program over the next several years.
    • BeefCARE is recognized by the U.S. Roundtable for Sustainable Beef.
  • Tyson Foods will also work with The Nature Conservancy to ensure improved management of grasslands and rangelands.
  • Sasha Gennet, director of Sustainable Grazing Lands for The Nature Conservancy in North America, stated that Tyson is setting a great example of a company that is taking proactive steps to achieve a sustainable beef system that supports farmers and ranchers while improving our critical natural resources.
  • According to Tyson Foods, sustainability throughout the food system is fundamental to their core values.


Profit Tracker: Margins underwater again

  • After one week of cattle feeders experiencing profits, margins have made their way back into the red.
  • Average negotiated cash cattle prices have fallen $2, resulting in the average feedyard closeout showing losses of $42 per head, according to the Sterling Beef Profit Tracker.
    • Closeouts have fallen $91 per head compared to last week’s average profit of $134 per head.
  • Packers are now seeing profits of $439 per head, an increase of $9, even though the boxed beef cutout fell $2 to about $225 per cwt.
  • A year ago the first week of September, feeders saw cash losses of $119 per head, while packers saw profits of $429 per head


Beef and pork exports rebound, but remain below 2019 levels

  • July beef exports totaled 107,298 metric tons, down 9 percent from 2019. These exports equated a value of $647.8 million, the highest since March, but still down 10 percent from last year.
    • On a per head basis, beef’s export value was at $280.40 in July, down 5 percent from year-ago levels.
  • For pork, exports totaled 222,035 metric tons, down 5 percent from last year. These exports were valued at $548.3 million, down 12 percent from 2019.
    • On a per head basis, pork’s export value was $48.85 in July, down 17 percent from 2019.


Boxed beef prices

  • Choice boxed beef: $222.95 (-1.87)
  • Select boxed beef: $207.51 (-0.95)



  1. Current Cattle Market Daily Headlines for Friday, September 11, 2020 | Fair Cattle Markets - […] Current Cattle Market Daily Headlines for Thursday, September 10, 2020 […]

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!

%d bloggers like this: