Markets
It appears that herd expansion has slowed down as beef production forecasts have been lowered by analysts at USDA.
In this week’s Drovers TV Report there is a case of brucellosis in Wyoming; proposed regulation changes for livestock haulers; and a Texas beef packer is facing financial troubles.
Does feeding whole soybeans to growing or finishing cattle make economic sense?
The Corpus Christi, Tex., beef plant that kills 270,000 cattle annually from 30 Texas feedlots is now under the control of a former bankruptcy judge.
JBS S.A. announced expansion plans in Brazil to meet surging export demand from China.
Albertsons/Safeway operates more than 2,300 U.S. grocery stores, and its Hometown Butcher program provides guidance to customers for selecting and cooking beef.
Nearly two dozen new businesses argue they have claim to join in the suit that alleges Kane Beef owes millions to comply with the Packers and Stockyards Act.
Feedyard closeouts were $66 per head short of covering all costs last week, according to the Sterling Beef Profit Tracker.
McDonald’s completed the rollout of its fresh beef Quarter Pounders this year to rave reviews from food critics who called it “juicier with more depth of flavor.”
Demand remains strong for feeder cattle with auction prices steady to $2 higher.
Creating quality beef eating experiences depends not just on cattle producers, but packers, retailers and consumers too.
A recall on ground beef produced by Cargill Meat Solutions has pinpointed eight major grocers across the country including Sam’s Club and Target.
The September record for cattle on feed was set after increasing 5.6% year-over-year and reaching more than 11.1 million head. This is the fourth month straight a monthly record has been set.
Is saving the jungle also better for business?
In November, U.S. feedlots set a record for 1.87 million head marketed, the highest Dec. 1 total since the series began recording in 1996.
The U.S. Meat Export Federation says an updated study quantifies the value red meat exports deliver to U.S. corn producers.
A third generation ranch in Japan that specializes in Wagyu genetics is partnering with a California-based lab-grown meat startup.
After a software error caused beef carcasses to be inaccurately reported for grades and weights, JBS is a paying a fine and reimbursing producers who were impacted.
Feeders steers and heifers sold both sides of steady, and the Cattle on Feed report went missing due to the government shutdown.
The number of people who have become ill from eating Salmonella contaminated beef has gone up by 87 cases after the recall was increased to 12 million lb.
Following the trend seen in fed cattle during the past few months, a market analyst expects limited volatility during the 1st quarter of 2019.
McDonald’s has announced plans to partner with its global beef suppliers to reduce the use of medically important antibiotics by the end of 2020.
In a partnership to source beef focusing on standards for animal welfare, food safety, antibiotic use and environmental sustainability, Wendy’s Co. has announced it will partner with Progressive Beef .
R-CALF USA has asked the Justice Department to block the proposed merger of Iowa Premium and National Beef.
After higher prices to start the new year, feeder cattle sold uneven at auction this week amid heavy supplies.
A softer cash fed cattle market leaves cattlemen wondering if the spring highs are in for 2019.
The south Texas beef packer formerly known as Kane Beef has reopened under the name of STX Beef.
A traceability program is being started by Tyson Foods, Inc. that will use DNA to trace beef pack to the individual animal while proving its genetics.
DNA markers can identify animals, even after meat processing and the rapidly-growing Open Prairie brand will use the tracing tech.
The nation’s fourth largest beef packer is growing and consumers are surveyed on the use of vegetarian products bearing meat labeling.