# Cattle Market Challenges Take Center Stage on Capitol Hill - Northern Ag Network

> A cattle producer told a Senate Judiciary Committee hearing that the gap between live cattle prices of $1,500 to $1,700 and carcass values of $2,500 to $2,700 is hurting rural incomes. Tyson executive Shane Miller said packing capacity was not to blame for the spread.

- Date: 2021-07-29 · published 2021-07-29T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/46204-cattle-market-challenges-take-center-stage-on-capitol-hill-northern-ag-network
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

The hearings focus on packer concentration and price transparency, which could lead to policy intervention in cattle trade. Feed buyers should watch for any regulatory change affecting feedlot demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-04-28 | [Cattle markets take center stage in ag committees](https://feedsoft.ai/events/41983-cattle-markets-take-center-stage-in-ag-committees.md) | -1.2% | -3.2% |
| LCATTLE | 2021-03-25 | [Cattle prices investigated - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/48256-cattle-prices-investigated-ag-information-network-of-the-west.md) | +1.4% | +3.0% |
| LCATTLE | 2020-07-22 | [USDA Mulls Cattle Market Changes After Coronavirus-Related Gyrations  - WSJ](https://feedsoft.ai/events/52239-usda-mulls-cattle-market-changes-after-coronavirus-related-gyrations-wsj.md) | -0.0% | +6.9% |
| LCATTLE | 2021-05-19 | [Livestock groups unite on need to address cattle markets](https://feedsoft.ai/events/47227-livestock-groups-unite-on-need-to-address-cattle-markets.md) | -0.0% | +2.0% |
| LCATTLE | 2020-06-05 | [Cattle industry divided on negotiated cash cattle bill - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/52751-cattle-industry-divided-on-negotiated-cash-cattle-bill-agweek-1-source-for.md) | -0.9% | -7.1% |
| FCATTLE | 2022-04-28 | [Cattle markets take center stage in ag committees](https://feedsoft.ai/events/41983-cattle-markets-take-center-stage-in-ag-committees.md) | +3.9% | -1.0% |
| FCATTLE | 2021-05-19 | [Livestock groups unite on need to address cattle markets](https://feedsoft.ai/events/47227-livestock-groups-unite-on-need-to-address-cattle-markets.md) | -0.4% | +14.9% |
| FCATTLE | 2020-05-30 | [Cattle feeders look for market fix](https://feedsoft.ai/events/53278-cattle-feeders-look-for-market-fix.md) | -0.9% | -2.0% |

## Sources

- northernag.net: https://www.northernag.net/cattle-market-challenges-take-center-stage-on-capitol-hill/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.