Weather continues to impact markets and cattle movement
Jeff Swenson
Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update draws information from several sources, including trade publications, radio broadcasts, agricultural news services, individuals involved in the industry as well as USDA NASS and AMS reports.
Weather continues to impact markets and cattle movement. Estimated harvest for the week ending February 13 was 611,000 head with expectations for a similar number this week. Harvest for the week ending February 6 was 653,000 head.
The North is just beginning to crawl out of the deep freeze as Texas and the Plains continue to deal with snow, ice and cold temperatures. Widespread power outages brought on by the weather and energy demand outpacing production is creating havoc in Texas. Rolling blackouts are not sparing packing plants there.