Greg Henderson

Packer margins leap higher as feeding margins fall, again

Profit margins for beef packers improved significantly again last week, thanks to higher wholesale beef prices and lower cash cattle prices. FULL STORY »

Feeder cattle steady to weaker, fed cattle lower

Choice boxed beef prices held their ground last week, but that didn't help either auction prices or the direct feedlot trade. Cattle buyers were called "hesitant and cautious to chase feeders much higher." FULL STORY »

What’s on America’s grill this weekend?

A new poll conducted for the American Meat Institute identifies Americans’ favorite grilling foods prior to the Memorial Day weekend. FULL STORY »

U.S. wheat conditions well below average

USDA’s weekly crop progress report revealed the devastating effects of prolonged drought and an unseasonably cool spring. Ratings across the 18 major wheat producing states were well below the five-year average. FULL STORY »

Packer margins jump higher, feeding margins bleak

Higher wholesale beef prices helped drive beef packer margins significantly higher last week, but cattle feeding margins saw only minimal improvement. Average pork producer margins remain positive. FULL STORY »

Boxed beef hits record highs, cattle weak to lower

Beef demand climbs at a rapid pace ahead of the Memorial Day weekend, boosting Choice boxed beef prices to new records. Cattle prices, however, traded weak to lower on most classes. FULL STORY »

Insects. They’re what’s for dinner!

A rapidly growing world population means food production will need to expand to satisfy all the hungry people. The U.N. Food and Agriculture Organization says edible insects may be part of the answer. FULL STORY »

Cattle feeding losses exceed $100, packers in the black

Profit margins for cattle feeders and beef packers moved in opposite directions last week, thanks to lower cash fed cattle prices and rising wholesale beef prices. Pork producer margins moved into positive territory with higher cash sales. FULL STORY »

Cattle lower, beef higher

All classes of cattle traded lower last week, led by sharp declines for yearling feeder cattle. Boxed beef prices posted gains for the second consecutive week as grilling season moves into full swing. FULL STORY »

Commentary: VB6 and more anti-livestock propaganda

New York Times food writer Mark Bittman promotes his new diet book, and nationally syndicated columnist David Sirota claims livestock production helps “incinerate the planet.” They’re both wrong. FULL STORY »

New rules! Europe announces revisions to food safety laws

Responding to the horse meat fraud scandal, the European Commission has proposed revisions to its food safety laws that would cut red tape but strengthen penalties for violators. FULL STORY »

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