Walmart Canada’s brand “Your Fresh Market” now carries a sustainability certification label on each package of beef patties, making the retailer the first in Canada to feature the on-pack claim.
Expanding drought across the Central Plains becomes increasingly evident in cattle markets. Stocker and feeder cattle sold lower last week, even as demand for grazing cattle was called good in parts of the NC region.
March beef and pork exports each posted the highest monthly value on record. Pork exports and shipments of beef muscle cuts also set new volume records in March.
The highly diversified 10,343-acre Zeman Ranch near Bassett in north central Nebraska is listed for sale. The current owners have operated as Promiseland Livestock for over 20 years.
Unlike last year, there is no shortage of beef in the pipeline. Wholesale beef prices, however, continue a runaway spurred by unprecedented domestic and export demand.
Beef may be in high demand but cattle prices struggle to hold steady. Fed cattle slipped $1 to $2 lower last week and auction prices for feeder cattle fell $1 to $5 lower, AMS reporters said.
Feedyards across all regions sold cattle higher last week and are looking to push the market even further this week. Last week sales volumes were called light to moderate with packers chasing a tightening supply.
