# Cattle Producers and Lawmakers Delve Into Problems With Markets and Packers

> A Senate Agriculture Committee hearing on June 28, 2021 examined problems in cattle markets, including the spread between fed cattle and boxed beef prices, packer concentration, and reliance on alternative marketing agreements. Some senators proposed mandating a share of negotiated cash trade, which economists and some producers warned could cause disruption.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/46712-cattle-producers-and-lawmakers-delve-into-problems-with-markets-and-packers
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Policy debate over cash trade and packer practices affects how fed cattle are priced and could shift cattle feeder margins, but no rule has been enacted, so the near-term price impact is limited.

## 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 | 2020-05-30 | [Cattle feeders look for market fix](https://feedsoft.ai/events/53278-cattle-feeders-look-for-market-fix.md) | -3.5% | -9.6% |
| LCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +1.1% | +3.1% |
| LCATTLE | 2021-07-30 | [Economists, Academics, Industry Agree: Supply, Demand, Labor, Economies of Scale  Drive Beef and Cattle Markets \| meatinstitute](https://feedsoft.ai/events/46207-economists-academics-industry-agree-supply-demand-labor-economies-of-scale.md) | +0.4% | +2.2% |
| LCATTLE | 2022-07-12 | [Sask. cattle producers call for meat pricing investigation, transparency](https://feedsoft.ai/events/40439-sask-cattle-producers-call-for-meat-pricing-investigation-transparency.md) | -1.0% | -0.4% |
| 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 | 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% |
| FCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +0.7% | +1.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2021/06/23/cattle-producers-lawmakers-delve

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