Boxed Beef

Senate Ag Chair Debbie Stabenow is non-committal so far on cattle market reforms proposed by other senators trying to boost competition and prices to independent producers. A fire at Tyson’s Holcomb, KS facility in 2019, followed by the pandemic have together sparked outrage by many over the big price spread between fed cattle and boxed beef, but Stabenow is making no promises on reforms. ... Rea

CME Group recently began publishing a new Boxed Beef Index. The index is designed to provide the beef industry with better price discovery. CME Group’s Tim Andriesen said the idea for the index started with the Port Cutout futures and options launched late last year. ...