@cameron_korth Heard the livestock indemnity is now down to 1% death loss instead of the previous 2% and based more current market value… hopefully that’s true
Great job of destroying the United States Cattle industry @POTUS@SecRollins you both got outplay.
Box beef, Higher
Cattle down the limit. Anytime the government gets involved ,They mess everything up.
Having about 25% of US Meat Production ( beef,pork, poultry) on one software platform controlled by one company should be a subject for congress. Tyson would pose the same issue. This is not a market issue it is a national security issue.
#ICYMI: "So why can somebody sell beef from Namibia...and a cattle rancher can’t sell his locally processed beef outside of the state? Its a good question, & like most things that are completely maddening, the answer is the government." 🧐#DemandUSABeef
https://t.co/qRCa1MhTFJ
Thanks but NO thanks! JBS says they can help our meat shortage by shipping us meat from Brasil and Australia. We have plenty of supply. Just get them killed and problem solved.
4/22/20 Beef Boxes: 270.99
Cattle Price: 150.00
3/14/14 Beef Boxes: 240.72
Cattle Price: 238.08
Not sure what the definition of "price gouging" is but I would guess it looks something like this.
I have directed @SecretarySonny to expedite help to our farmers, especially to the smaller farmers who are hurting right now. I expect Secretary Purdue to use all of the funds and authorities at his disposal to make sure that our food supply is stable, strong, and safe....
The livestock industry has enough issues. It doesn't need the nonsense of the @CMEGroup tomfoolery on the pre-open. We shall demand an investigation into the BS and require and update immediately.
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