End of May cattle harvest highest in decade

Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update draws information from several sources, including trade publications, radio broadcasts, agricultural news services, individuals involved in the industry as well as USDA NASS and AMS reports.

Cash cattle ended last week $ 1.00 lower nationally, but reports this week are $ 1.00 to $ 4.00 higher. Last week’s harvest of 603,000 head was the largest estimated harvest for the week of Memorial Day in more than ten years. While 41,000 head lower than the previous week , it was 59,000 head higher than the holiday week in 2021.

Packers are putting together a strong harvest this week. Through Wednesday estimates are already 18,000 head more than the same week last year.

A fire in the rendering area of ​​the JBS facility in Green Bay Tuesday evening was contained quickly. It is estimated the fire caused $ 30,000 in damage. The company said the plant was open and operational the following day.

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