Beef - General
U.S. beef exports to Japan, South Korea and China/Hong Kong are all on track to exceed $2 billion this year, and pork exports are up slightly in volume and significantly in value over last year’s record pace.
All parties upstream of the packing sector are elated, and likely relieved, to see the price break free from the furrow between $120 and $125/cwt that the fed cattle trade had been digging for 19 weeks.
With the hustle and bustle of the holiday season hastily approaching, now is the time to look over business details to help make your transition into the new year much smoother.
The North American Meat Institute announced that 100% of its members will deliver independently approved science-based greenhouse gas reduction targets in line with the Paris Climate Agreement goals by 2030.
With the average frost date upon us, prussic acid will be (or already is) an issue in certain forages. Prussic acid is found when susceptible plants are under drought conditions or after a light frost.
Reproductive efficiency is highly correlated to nutrition. The target Body Condition Score going into calving season is 5.5 for the mature cow and 6 for first calf heifers.
Greener Cattle Initiative expects to award approximately $5 million over the next five years to support research into tangible, actionable solutions for potentially reducing enteric methane emissions from cattle.
Many ranchers in the Dakotas depend on surface water sources, such as dugouts and stock dams to provide water to grazing livestock. These sources naturally contain salts, which are dissolved minerals or solids.
Four U.S. Senators announced they’ve reached a compromise on measures they see as improvements to the cattle market, combining components of previous bills into a new Cattle Price Discovery and Transparency Act.
The Meat Institute says the revised Fischer/Grassley bill proposed in the Senate ignores the analysis of beef and cattle markets by the country’s leading agricultural economists.
A Ukrainian man suspected of collecting $2.3 million in ransom after using REvil ransomware to attack about 2,500 targets, including the June JBS SA cyberattack, has been arrested, according to Europol.
The U.S. House passed the bipartisan Infrastructure Investment and Jobs Act of 2021. NCBA says it is pleased to see the bill pass as infrastructure investments are fundamental to the success of the cattle industry.
Maybe the stars are finally lining up for the beef industry. With the fed cattle market pinch point removed, cattle and beef markets are poised to realign and rebalance.
A team of researchers has received a five-year, $10-million grant from the USDA to develop an alternative food source: meat produced not from farm animals, but from cells grown in bioreactors.
McDonald’s is committing $5 million and partnering with AgMission, a global collaboration to reduce greenhouse gas emissions in agriculture and to develop and implement climate-smart farming solutions.
The Talon Internship Program provides college-aged students the unique opportunity to spend their summer on an Angus operation gaining valuable, hands-on experience. Applications are due December 1.
Prosecutors said Robert Blom altered purchasing agreements, misled investors and sold the same groups of cattle to multiple buyers using the money to pay back previous investors.
Agriculture has the greatest potential not only to meet the global demand but to positively impact the future of our planet, Alltech says. The company just released its 2020 Alltech Sustainability Report.
USDA’s National Institute of Food and Agriculture (NIFA) announced an investment of over $3.5 million to support educational awareness of food, agriculture, and farm safety for youth in underserved communities.
The beef cattle industry will receive $5.1 billion of CFAP funding to partially offset 2020 losses due to COVID-19. USDA expects to begin sign-up in early May and distribute payments by late May or early June.
A small meat processing facility is gearing up for a big expansion—and the potential to make waves in the national livestock processing scene. Republic Foods expects to quadruple production by the end of the year.
McDonald’s Canada announced the first representative for the McDonald’s Flagship Farmer Program, a global initiative to amplify stories of exceptional rancher who exemplify best practices in beef production.
As the Great Plains see plunging temperatures this week, one meteorologist thinks crops in the core of the Corn Belt escaped major damage thanks to constant cloud cover. However, livestock producers may not be so lucky.
A recent bill passed the House Ag committee outlines the creation of a contract library to provide a public listing of terms and details in order to provide greater market transparency.
EU Commissioner for Agriculture Janusz Wojciechowski and U.S. Ag Secretary Tom Vilsack announced a newly created transatlantic collaboration platform on agriculture sustainability and climate change.
COVID-19 has temporarily placed a restriction on the number of cattle that can be harvested in a given week. That scenario is usually a recipe for lower prices, but this week’s extremely light fed trade was steady.
The coronavirus meltdown is the second black swan event for cattlemen in six months, but many fear this is worse than the Tyson packing plant fire.
Tyson Foods announced a one-time assistance payments to cattle feeders “in an effort to demonstrate our commitment and support of our valued cattle suppliers.”
Significantly reduced slaughter levels brought the full weight of the COVID-19 crisis to bear on cattle markets this week as cash cattle prices declined and boxed beef prices spiked to record highs.
While any tally of cattle waiting on shackle space is – at best – an estimate, an analysis of Cattle on Feed and slaughter data suggests estimates of 1 million cattle backlogged may be overstated by as much as 50%.