Friday 19th April 2024

The USDA says cattle marketings dropped in May as a number of plants
scaled back processing schedules because of COVID-19 infections. May 2020
marketings were 28% below May 2019 at 1.500 million head, the lowest for the
month since the series of reports started in 1996. While some plants are fully
back online, others continue to operate with reduced schedules, and later this
summer into winter, the marketing numbers will also reflect the historically
placements during March and April.