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Good news for producers impacted by the COVID-19 pandemic: USDA has finalized the details for receiving aid. Sign-up for assistance beings May 26.
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Hammond Ranches, Inc. (HRI) has withdrawn its appeal without prejudice against the federal government and will compete for the grazing rights held by the family for decades.
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A proposal for the feedlot sector is to place fed cattle in a “set-aside” program and fund the cattle’s diets for 75 days, alleviating some of the economic burden resulting from strained packing plant capacities.
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The general trend in the cattle markets was higher as packing plants slowly improved slaughter volume. Estimated slaughter for the week was around 550,000 head.
