# Livestock groups unite on need to address cattle markets

> Livestock groups met May 10 to address cattle marketing challenges and urged the DOJ to conclude its cattle market investigation. Lawmakers including Rep. Randy Feenstra noted four packers control over 80% of processing and that boxed beef prices rose while cattle prices stagnated.

- Date: 2021-05-19 · published 2021-05-19T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/47227-livestock-groups-unite-on-need-to-address-cattle-markets
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Concentrated packer control and widening packer margins could prompt regulatory action on reporting and pricing, affecting cattle price discovery.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-02-17 | [USCA Comments on Recent Amendments to Live Cattle Futures Contract \| TSLN.com](https://feedsoft.ai/events/72632-usca-comments-on-recent-amendments-to-live-cattle-futures-contract-tsln-com.md) | +2.7% | +3.4% |
| LCATTLE | 2018-06-04 | [Cattle transportation in NAFTA times \| Western Livestock Journal](https://feedsoft.ai/events/64471-cattle-transportation-in-nafta-times-western-livestock-journal.md) | +2.6% | +0.4% |
| 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 | 2023-12-19 | [Weekly Address: Free Trade Distorts Domestic Cattle Prices - R-CALF USA](https://feedsoft.ai/events/32622-weekly-address-free-trade-distorts-domestic-cattle-prices-r-calf-usa.md) | +0.9% | +2.2% |
| 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% |
| FCATTLE | 2019-10-28 | [Cattle export market dynamics shifting \| Meat & Livestock Australia](https://feedsoft.ai/events/56525-cattle-export-market-dynamics-shifting-meat-and-livestock-australia.md) | +2.4% | -4.4% |
| FCATTLE | 2018-06-04 | [Cattle transportation in NAFTA times \| Western Livestock Journal](https://feedsoft.ai/events/64471-cattle-transportation-in-nafta-times-western-livestock-journal.md) | +0.6% | +3.4% |
| 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

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/livestock-groups-unite-on-need-to-address-cattle-markets

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