A new report unveiled last week by the American Farm Bureau Federation (AFBF) examines the causes and market implications of recent price volatility in the cattle market and record-wide spreads between boxed beef and fed cattle prices. The report, AFBF said, is designed to set the stage for the organization to explore policy solutions for ongoing cattle market issues.

“The recent price volatility and wide price spreads have been very troubling and expensive to our producers, so we want to find ways of mitigating that type of risk in the future,” said Craig Hill, a Warren...