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Livestock groups unite on need to address cattle markets

Cattle producers have faced significant challenges over the last few years. And as Brett Crosby, fifth-generation cattle rancher from Wyoming, explains, 2020 was a tipping point for everybody. Crosby, who also serves as a board member of the U.S. Cattlemen’s Association, was one of just under two dozen members of the cattle industry who came together May 10 at the request of the Livestock Marketing Association to discuss challenges involved in the marketing of finished cattle with the ultimate goal of bringing about a more financially sustainable situation for cattle feeders and cow-calf producers. Four meatpacking companies control over 80% of the cattle processing industry. “This simple fact leaves the cattle industry particularly vulnerable to market disruptions,” says Randy Feenstra, R-Iowa, while speaking about the cattle market challenges during a House Agriculture Committee discussion on May 18.

Livestock groups unite on need to address cattle markets

Livestock groups unite on need to address cattle markets
farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.

Iowa cattle producers say they re hemorrhaging money while packers profit

Iowa cattle producers say they re hemorrhaging money while packers profit
thehawkeye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehawkeye.com Daily Mail and Mail on Sunday newspapers.

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