Lack of Packer Participation Moves Government-Induced Regulation Closer
The beef cattle industry appears to be close to more regulation following the meatpacker’s lack of participation in a voluntary program.
The beef cattle industry appears to be close to more regulation following the meatpacker’s lack of participation in a voluntary program.
Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 12.0 million head on March 1.
According to The Cattle Report boxed beef prices have been signaling the need for more cattle each week but processors are running at full capacity and unable to service the demand for beef.