Tag: cattle

Is the U.S. Cattle Oversupply Finally Cleared?

After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …

Update: Drought Worsening in U.S. West, Plains

Drought and an early fire season are threatening agriculture in the U.S. West and Plains, reducing hay yields, pushing feed costs higher, the Associated Press reported (July 26), and drying up water sources. Drought conditions …

Inside a $650M Ponzi Scheme Including Cattle

Two people are facing federal charges they bilked investors across the country in a $650 million Ponzi scheme involving bogus short-term cattle or marijuana investments. Reva Joyce Stachniw, 69, of Galesburg, Illinois, and Ron Throgmartin, …