Cassandra Fish, with The Beef cattle markets newsletter, says wholesale boxed beef prices are finally correcting after the most historic outlier rally in history. The highs made in most cuts will likely stand unchallenged for many years. Tyson Foods chose to lower beef prices 30% on some items, … Read More

Tyson Foods said on Wednesday it will discount prices on certain protein products the remainder of this week. CNN reported the price reductions will vary, but Tyson said some beef items sold to grocery stores, restaurants and other customers could be discounted by 20% to 30% through Saturday. “We’re … Read More

Meat processing plant closures in the U.S. weakened livestock demand and led to concerns over a possible shortage of beef and pork. Demand surged when stay-at-home orders began as people stocked up on the products, and then fell because consumers tend to eat less meat at home than in … Read More

Source: USDA | May 12, 2020

The U.S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS) and Farm Service Agency (FSA) will host a webinar on Thursday, May 14, 2020, at 1 p.m. ET (12 p.m. CST), for farmers, ranchers and … Read More

 Source: USDA Farm Service Agency | May 11, 2020

The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) reminds producers that FSA offers farm ownership and farm operating loans to agricultural producers who may not find success obtaining loans from … Read More

Source: AgriLife Today | May 7, 2020

Empty shelves in grocery stores throughout Texas have been a common sight due to supply and demand issues and disruptions in the food and agriculture value chain. (Texas … Read More

California ranchers are in the same boat as Texas and Oklahoma cattle raisers – too many cattle, and nowhere for them to go, with a backup at feedlots due to the closing or decreased capacity at packing plants. But as the plants come back online and increase processing … Read More

Missy Bonds, manager of Bonds Ranch headquartered in Saginaw, Texas, says there is no meat shortage, but a bottleneck at the meat processing plants due to COVID-19, has caused uncertainty in the market and volatility in cattle prices. 

Watch the video here at Fort … Read More

Supply rationing at the grocery store level is the topic of the day in news reports across the country, but the situation varies greatly species by species and even subprimal by subprimal. There is no question that output is down across the board. But the biggest declines have come in the … Read More

May 11, 2020

Signs of recovery in beef packing… but how fast?

By Derrell S. Peel, Oklahoma State University Extension livestock marketing specialist

COVID-19 began impacting workers at beef packing plants in early April. In the last five weeks, … Read More