In the news: Biden announces plan to improve beef market competition – Progressive Cattle

President Biden met with farmers, ranchers and independent processors from across the country Jan. Events like the COVID-19 pandemic, the Tyson fire and the JBS cyberattack have underlined the issues a lack of competition creates in the meat markets. Phase I of this commitment will furnish $150 million to jump-start approximately 15 projects, beginning this […]

In the news: New USDA reports to enhance cattle market transparency

This report will enable stakeholders to see the correlation between the negotiated trade and reported formula base prices, as well as the aggregated values being paid as premiums and discounts. The second report, the National Weekly Cattle Net Price Distribution, first issued on Aug. “During the past five years, stresses and disruptions caused by concentration […]