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Beef is now so expensive in Argentina, which once was the third-largest exporter, that slaughtering plants are about to start importing cattle from neighboring countries for the first time in almost two decades.
When Republican presidential front-runner Donald Trump showed off a pile of beautifully marbled steaks atop a butcher board at a Tuesday campaign event, he called them “Trump steaks.” That’s true in the sense that they were steaks, and they were on a Trump property.
It is all too easy for producers and even more so for consumers to underestimate the value of the market data that helps ensure efficient agricultural markets and a steady supply of affordable food.
The latest USDA cattle report shows a rapid expansion is underway with cattle and calf numbers up 3 percent and beef cow numbers up 4 percent in the past year. According to Purdue University Extension economist Chris Hurt, record-high cattle prices in the last half of 2014 and first half of 2015 raised excitement among beef cow producers.
Since the 2011 meltdowns ended their future as prized black “wagyu” beef, a rancher near the Fukushima nuclear power plant has given his cattle a new mission: They’ve become protesters.
The Canadian cattle herd has increased 0.3% in the past year to nearly 12 million head.
The price for uncooked beef steaks has come down recently, helping earnings at restaurant chains such as Texas Roadhouse Inc.
Cattle prices have dropped more than 32% during the last 16 months, but beef prices haven’t seen the same dramatic decline.
“Where’s the beef?” The catchy slogan could be updated to “Where’s the fresh, quality beef?” And the answer would still be the same: Wendy’s.
The dilemma is that traditional producers face a countercultural role.
Drovers recently received an inquiry from a college student conducting research for a public-health class project.
The market is not falling off and disappearing, but rather the market is telling the industry that beef continues to be a highly desirable meat protein.
The CME Group has proposed a number of recent changes in an effort to resolve instability seen in cattle markets. National Cattlemen’s Beef Association (NCBA) officials say the moves aren’t addressing the problem areas and more communication is needed between the organizations.
U.S. beef imports were down 35.2% in December at 186.2 million pounds.
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, reported fourth-quarter profit that topped analysts’ projections after new menu items helped sales at the burger chain.
Stan Kroenke, the billionaire owner of the NFL’s Rams, has agreed to purchase the historic W.T. Waggoner Estate Ranch in Texas, representatives of the ranch said on Tuesday.
Cattle inventory in Tennessee increased 6.4 percent to 1.83 million head while the beef cow herd increased 2.6% to 896,000 head.
The trade agreement might be one of the biggest opportunities to turn-around a sliding cattle market.
Beef feedlot managers, owners, employees and supporting industry personnel will learn the latest in feedlot health, nutrition, environment and economics at the 2014 Beef Feedlot Roundtables in Nebraska.
Will the cattle market keep sliding in 2016? Could there be a rally? See what the analysts from CattleFax have to say.
Steps are being taken by CME Group to address volatility in the cattle markets, although producers will still have to deal with a bearish marketplace.
No one wants to handle a temperamental cow or bull, but there is more at stake than overall attitude.
The key to cattle handling is to understand animal behavior and create trust with your herd.
A Northern California company is recalling more than 8.7 million pounds of beef products because it processed diseased and unhealthy animals without a full federal inspection, federal officials said Saturday.
During the NCBA Cattle Marketing and International Trade Committee meeting at the Cattle Industry Convention in Nashville this week, Ron Bryant, U.S. Ruminants division with Merck, recapped the five-step plan Merck developed with the cattle industry.
Beef producers from the four largest beef producing Trans-Pacific Partnership (TPP) member countries continue to advocate that any TPP agreement must deliver on the 2011 TPP Ministers’ position of eliminating tariffs and other barriers to trade.
During cold and windy weather, producers need to be aware of the potential for scrotal frostbite in bulls.
Cattlemen and women gathered today at the 2014 Cattle Industry Convention and National Cattlemen’s Beef Association Trade Show to hear CattleFax market analysts’ projections for the year ahead.
Frank and Sims Price Ranch, Sterling City, Texas, was named the national winner of the National Cattlemen’s Foundation Environmental Stewardship Award Program.
This week, two producers were honored with the checkoff’s annual national Beef Quality Assurance and Dairy Beef Quality Assurance awards.
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