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Feedyards, Packers Disrupted by Weather and Energy Shortage

A winter storm and the coldest temperatures in decades has created another crisis for cattle feeders and beef packers. Rolling power outages and natural gas shortages at many High Plains feedyards has hampered efforts to keep cattle fed during these brutal conditions. The deep freeze this week in Texas, which relies on electricity to heat many homes, is causing power demand to skyrocket. At the same time, natural gas, coal, wind and nuclear facilities in Texas have been knocked offline by the record-low temperatures.

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Jones Act on Hold, More Pain at the Pump & Elevator, Beef Prices May Go Higher

Video: Jones Act on Hold, More Pain at the Pump & Elevator, Beef Prices May Go Higher

President Trump put the Jones Act on a 60-day suspension in an attempt to smooth out prices spikes. The war with Iran may make for higher fertilizer prices. A Strike at the Greeley, CO JBS plant threatens to make beef on the hoof and under cellophane more expensive.