Progressive Beef™, a cattle management and sustainability system for feedlots, says more than two million cattle have been certified through the program and nearly four million cattle will be certified this year.
USDA’s Cattle Report shows the expansion stage is coming to an end. The total inventory as of January 1 is 94.4 million head, down slightly from 94.8 million head a year ago. It’s not a surprise to industry.
We ended 2019 with 72% of the harvest reaching Choice grade and 8.6% Prime. There’s more premium beef on the market than ever. Could we be approaching our destination, maybe even delivering too much of a good thing?
The fire sent cattle prices plummeting. Portions of the industry demanded an investigation and USDA said it was looking into it. Experts at the cattlemen's convention told AgDay that report is still pending.