There are a few supportive factors helping keep the feeder cattle complex strong. But, more than anything, the lack of supply in this year s marketplace amid tremendous beef demand has taken the market by storm.
Massive amounts of rainfall in the Texas Panhandle during the weekend caused cattle deaths in the region s feedyards, but analysts believe the effect on the cattle market will be minimal.
A committee in the Missouri House of Representatives voted against HB1169 this week, effectively ending the chances of the so-called gene-therapy bill passing during the current session.
For cattle producers losing cattle under recent severe spring blizzard conditions, it s important to document losses and be timely in filing for loss payments.