Poultry and pork processors have no plans to cut production or place workers on leave.
August live cattle futures currently well below breakeven estimated for that time frame.
Industry focusing on coordination and continued dialogue between all facets of sector.
Assurances offered for ongoing food inspections during COVID-19 outbreak with impact at processing plants.
USDA revises price forecasts on recent price movements and slightly higher demand expectations.
Soybeans and wheat track lower week-over-week.
Court ordered the matter returned to USDA for a 180-day period to see if USDA can fix its economic modeling errors.
A weekly roundup of prices for select dairy and specialty livestock markets.
Livestock producers are seeing a 15-20% slash in prices, while packers only seeing a 3% drop.