3+ day, 10+ hour ago   (132+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...

3+ day, 15+ hour ago   (129+ words) Beef packers saw margins improve last week, while feedlot margins deteriorated further as the two sectors’ fortunes have flipped in recent weeks. According to Sterling’s Beef Profit Tracker, the estimated beef packer margin last week averaged $169.22 per head, increasing from…...

4+ day, 19+ hour ago   (483+ words) When prices are this steep, retail merchandisers and foodservice buyers scrutinize every cent. If you walk into a review selling beef as a pure commodity, high prices turn your product into a target for category trimming. But when you arm…...

5+ day, 7+ hour ago   (326+ words) President Donald Trump suggested that cattle processing by ranchers would be safer than in plants owned by the four largest beef packers, whom he accused of being monopolists. In an Oval Office signing surrounded by ranchers on Friday for a…...

5+ day, 15+ hour ago   (272+ words) Rep. Shomari Figures (D-Ala.) said he planned to introduce legislation to reverse the Trump administration’s temporary expansion of the tariff-rate quota for imported lean beef trimmings. President Donald Trump issued a proclamation Aug. 26 increasing the amount of lean beef trimmings…...

6+ day, 6+ hour ago   (258+ words) Attorneys representing beef purchasers asked a federal judge to award $27.5 million in legal fees from Tyson Foods’ $82.5 million settlement of long-running beef price-fixing litigation. The direct purchaser plaintiffs filed the request Tuesday in the U.S. District Court for the District…...

1+ week, 8+ hour ago   (377+ words) In today’s first chart on the left, we show the actual weekly steer and heifer (fed cattle) slaughter. As one can easily see, fed cattle slaughter has been below last year every week this year. In fact, average weekly steer…...

1+ week, 4+ day ago   (318+ words) Agriculture Secretary Brooke Rollins has said that shuttered Tyson Foods beef plants would not be sold to foreign buyers, but the company on Wednesday denied any intentions to limit its options. Attending the Farm Progress Show in Boone, Iowa, Rollins…...

1+ week, 5+ day ago   (131+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...