Whether to support or oppose a widely-discussed piece of legislation that aims to increase price transparency in the U.S. cattle market is one of the big topics up for debate at the National Cattlemen’s Beef Association’s annual Cattle Convention taking place at Houston, TX this week. There was a strong turnout for NCBA’s live cattle… Read More
Tag: Drovers
Four U.S. senators are attempting to answer the call to fix “broken” cattle markets in the country, with new legislation to restore mandatory country of origin labelling. Greg Henderson of Drover’s says he’s not entirely sure how it’s going to work, as mCOOL, as it is called, was eliminated after a lengthy World Trade Organization… Read More
Several converging factors are putting the squeeze on the cattle value chain and industry dynamics, and the recent cyber attack on JBS has added another layer of disruption to an already stressed system. JBS announced the hacking, possibly Russian in origin, earlier this week. The cyber attack meant the company ceased slaughter in several plants,… Read More
Cody Easterday of Mesa, Washington, recently pleaded guilty in federal court to defrauding a Tyson Foods, Inc. company out of approximately US$244 million. Easterday charged the company for the costs of buying and feeding as many as 200,000 cattle that didn’t exist — a ghost-herd. Greg Henderson, editor at Drovers, says that there are other… Read More
The state of Colorado is similar to Alberta in many ways: beautiful vistas and mountains, and a rich history in the cattle business. Colorado also holds a significant portion of the cattle market in the U.S., much like Alberta prides itself on being Canada’s beef capital. While Colorado Governor Jared Polis isn’t advocating for a… Read More
The U.S. Cattle Transparency Act introduced this year seeks transparency for our southern neighbour’s cattle market by mandating large-scale meat packers — those that slaughter over 125,000 cattle per week — to flow through the cash market, instead of alternative marketing arrangements. An earlier iteration of the bill included a 50:14 rule, where 50 per… Read More