# U.S. farm state senators in a beef over livestock bill

> US farm-state senators disagreed over a livestock bill aimed at preventing packer practices that distorted cattle prices. The article notes cattle prices fell in March and April when slaughterhouses closed due to COVID-19 while beef prices soared.

- Date: 2020-08-06 · published 2020-08-06T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/51748-u-s-farm-state-senators-in-a-beef-over-livestock-bill
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Policy changes to packer pricing practices could alter cattle price formation and feedlot margins, though the immediate effect on feed demand is uncertain.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-06-17 | [Explainer: How four big companies control the U.S. beef industry](https://feedsoft.ai/events/46714-explainer-how-four-big-companies-control-the-u-s-beef-industry.md) | +1.2% | +0.4% |
| 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 | 2018-08-27 | [Trump farm bailout to provide $6 billion in initial relief](https://feedsoft.ai/events/63524-trump-farm-bailout-to-provide-6-billion-in-initial-relief.md) | -0.1% | +3.5% |
| LCATTLE | 2020-03-27 | [For Farmers, Stimulus Bill Means Subsidies Continue to Flow](https://feedsoft.ai/events/54117-for-farmers-stimulus-bill-means-subsidies-continue-to-flow.md) | -2.2% | -13.4% |
| 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 | 2021-06-17 | [Explainer: How four big companies control the U.S. beef industry](https://feedsoft.ai/events/46714-explainer-how-four-big-companies-control-the-u-s-beef-industry.md) | -1.3% | -0.2% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/us-farm-state-senators-in-a-beef-over-livestock-bill-idUSL1N2F71MW/

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