Those in the cattle industry have been aware for the past four weeks that the Cargill beef processing facility in Fort Morgan, Colorado, has been dark. However, news of a labor lockout grabbed the attention of trading algorithms this week, adding pressure to cattle futures despite the situation being well known within the industry. On this week\'s Cattle Chatter, Brad Kooima of Kooima Kooima Varilek discusses the impact of the plant shutdown, the continued strength in the cash cattle market, and even the outside pressure created by President Trump\'s social media comments about addressing the nation\'s beef shortage. Attention now turns to Friday afternoon\'s USDA Cattle on Feed report. There is a growing sense among traders that the report could set the tone for market direction when trading resumes Tuesday following the three-day holiday weekend. Brad also answers a viewer question regarding the increase in the percentage of cattle grading as \"4s\" and whether that could be a sign the industry has fallen behind on marketings and, in turn, surrendered some of its leverage in the marketplace." />

Plant Shutdown, Cash Strength, and COF Ahead of Holiday Trade

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*]:pointer-events-auto scroll-mt-[calc(var(–header-height)+min(200px,max(70px,20svh)))]” dir=”auto” tabindex=”-1″ data-turn-id= “request-WEB:c139dfdf-1f26-4dc8-963e-6007a63a60bf-120” data-testid= “conversation-turn-242″ data-scroll-anchor=”true” data-turn= “assistant”> Those in the cattle industry have been aware for the past four weeks that the Cargill beef processing facility in Fort Morgan, Colorado, has been dark. However, news of a labor lockout grabbed the attention of trading algorithms this week, adding pressure to cattle futures despite the situation being well known within the industry. On this week’s Cattle Chatter, Brad Kooima of Kooima Kooima Varilek discusses the impact of the plant shutdown, the continued strength in the cash cattle market, and even the outside pressure created by President

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