Trump: Justice Department will investigate

Trump: Justice Department will investigate

President Trump asked the Department of Justice, on May 6, 2020 to investigate meatpacker pricing activity. “I’ve asked the Justice Department to look into it. ... I’ve asked them to take a very serious look into it, because it shouldn’t be happening that way and we...

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Investigation into Market Collapse

Investigation into Market Collapse

In an April 8 tweet, U.S. Secretary of Agriculture Sonny Perdue announced that the Packers and Stockyards Administration would be investigating beef and cattle pricing activity during the COVID-19 pandemic. “@USDA’s Packers and Stockyards Division will be extending...

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Struggling cattle industry seeks solutions

Struggling cattle industry seeks solutions

Almost 150 members of Congress asked U.S. Ag Secretary Sonny Perdue, on April 1, to help deliver subsidy assistance to cattle producers via the Coronavirus Aid, Relief, and Economic Stabilization (CARES) Act recently signed by President Trump. The CARES Act provides...

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Industry considers more negotiated trade

Industry considers more negotiated trade

Livestock market analyst Corbitt Wall brought up an idea on a recent market report that has some caused some buzz in the industry. “I think the thing that we need to do is we need to set a minimum requirement for these big packers to buy negotiated cash cattle,” said...

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Brazil beef approved for shipment to US

Reuters reported Friday, Feb. 21, that the Brazilian Agriculture Minister said the United States had reopened its market for Brazilian fresh beef exports, effective immediately. Fresh beef from that country has not been allowed since June 2017 when some shipments...

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AUDIO: Journalist Alan Guebert talks about beef processors holding too much market power

Alan Guebert talks about beef processors holding too much market power. He feels that too many politics are being played amongst our political leaders and within our cattle organizations.

AUDIO: Brad Kooima discusses the details of NCBA’s increased negotiated cash trade policy

Brad Kooima discusses the details of NCBA’s increased negotiated cash trade policy that was passed last week at their summer meetings in Denver. He explains the two fed cattle policies that were brought to the table and the compromise that unfolded to pass policy unanimously.

AUDIO: Keith Eichler, “Our industry needs to find a fair playing ground for all sectors.”

Keith Eichler talks about the need for cattle producers to get involved with industry issues. He also discusses the benefits of the 50/14 legislation, the need for a beef checkoff referendum, and the threat of the RFID initiative.

VIDEO: Sheep rancher Carson Jorgensen discusses repercussions of JBS purchase of Mountain States Plant

Carson Jorgensen explains how the sheep industry is hanging by a thread as one of their key processing plants has been acquired by JBS who plans to halt lamb processing.

AUDIO: Jeff Brown, Manager of Riverton Livestock Auction, discusses the implications of packers having too much information at their disposal

Jeff Brown, Manager of Riverton Livestock Auction, explains the need for increased competition in our fed cattle markets. He feels that the packers have too much information at their disposal, and this has led to decreased negotiation.

AUDIO: Fred Berger, cattle feeder and livestock broker, discusses cattle futures and market outlook

Fred Berger explains how the CME cattle futures has too high of limits that cause excessive swings in the futures. The cattle industry needs to somehow come together and make changes to the CME so these big swings aren’t possible.

John Nalivka discusses the importance of cattle imports and exports

John Nalivka, Owner of Sterling Marketing Inc., talks about the need for the industry to not only focus on domestic consumer demand but also international demand in order to keep our trade going strong.

VIDEO: Brett Crosby discusses what has led to lop-sided cattle markets

Brett Crosby discusses how not only packer concentration but also growing consolidation within the feedlot sector has led to lop-sided cattle markets. He explains recent packer margins, packer ownership of cattle, and the need to do away with deceptive labeling.

VIDEO: Vaughn Meyer discusses the need for a beef checkoff referendum

Vaughn Meyer discusses the need for a beef checkoff referendum and the hurdles that stand in the way of it. He also explains how captive supply has impacted our cattle markets.

VIDEO: Brad Kooima discusses cattle markets from commodities broker perspective

Brad Kooima, Commodities Broker at Kooima Kooima Varilek Trading Inc., emphasizes the need for the industry to get on the same page and make some changes in order to give the small and medium independent cattle producers a competitive chance to compete.

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