The cattle market this past week has been marked by extreme volatility. Even with Nebraska cash prices up $4.00, packers appear to be hitting the pause button on bids. On this week’s Cattle Chatter, Brad Kooima with Kooima Kooima Varilek looks into some of the market pressures. Agriculture Secretary Brooke Rollins is set to make a New World Screwworm announcement Friday in Austin, Texas—fueling speculation about whether new protocols are on the way. In the meantime, the slowdown in cattle movement from the border is putting added pressure on Texas feeder markets and raising questions about corn usage. And with the nation’s beef herd at historically low levels, some are asking if beef-on-dairy production could be the market booster—or even the “golden ticket”—the industry has been looking for.
