The wide disparity between boxed beef prices and cattle prices continues to frustrate cattle producers.
Ethan Lane with the National Cattlemen’s Beef Association says
they’re well aware of those concerns.
“That’s something that we’re continuing to be concerned with,”
Lane says. “It’s something that we have engaged with the packers in conversations
over the past few days, talking about that disparity and asking them to make
sure they’re bidding aggressively in the cash market—and making sure they’re keying
those bids off what we’re seeing on that cutout price.”
Lane says NCBA is focused on the need for “real price
discovery”.
