For the cattle inventory to expand, the industry needs to be profitable. If demand cannot remain strong at these price levels ...

Hartley hoped the money could be used to pay back Capital Farm Credit “once the cattle market had recovered.” Through this scheme Hartley allegedly gathered approximately $2.1 million from the ...

Feedlot margins jumped from $198 to $366. Choice steers were up slightly to $201. Cattle slaughter up to 578,000 and 81.5% capacity. Packer margins were still in red, but dropped from $154 to $126.