Beef - General
Texas congressman Mike Conaway told AgriTalk radio he believes an investigation into packer profits is likely, but encourages cattlemen and processors to continue working to feed Americans during the COVID-19 crisis.
Cash prices charged higher in feedyard country this week, leaving CME futures in the dust. Feeder cattle recovered most of the previous week’s losses.
The Beef Checkoff and fifteen state beef councils won a major court victory as the U. S. District Court of Montana ruled in favor of USDA and the Montana Beef Council in the matter of R-CALF vs. Sonny Perdue and USDA.
The current cattle market situation creates significant disparities between the current supply and demand situation and expectations for coming supply and demand conditions.
Cattle prices are on a historic ride. Producers are trying to make sense of it all, as well as industry insiders, as the COVID-19 story is far from over.
“Every time there is a downswing or times get hard, some people will revert to stealing. If things don’t start picking up, people will start picking things up.”
Using unique Japanese Akaushi cattle, the brand partners with producers, who find higher premiums than they would under other business models.
Some American beef packing companies are adding to worker’s hourly pay and sick leave in response to the COVID-19 emergency. Some will earn an additional bonus for working all their shifts through May 3.
Panic meat buying emptied shelves and drove the Choice beef cutouts nearly $48 per cwt. higher. Cash fed cattle were higher, but not at a proportionate level.
Packer margin is significant. However, why is packer profitability the only focus, and we are not as outraged about the other “elephant in the room” issue within our market?
National Ag Day was launched in 1973 to recognize the important contributions of America’s farmers and ranchers to America.
The U.S. and global economy is in uncharted waters. There are many unknowns about the timing, severity and aftermath of the disease. For beef, there are longer-term questions about the overall impact on demand.
The United States Cattlemen’s Association (USCA) called on the U.S. Department of Agriculture to take immediate steps to address the impact the Coronavirus (COVID-19) is having on the U.S. cattle market.
World-class long jumper Jarrion Lawson’s four-year ban from competition was overturned because the beef he ate was called “contaminated” by a three-judge panel. Science says the judges were wrong.
A New Zealand beef company launches an aggressive campaign designed to court American consumers. Touting the attributes many consumers say they desire, Silver Fern Farms provides a glimpse of your foreign competition.
Cattle markets will continue to be influenced by uncertainties from coronavirus, and the sharp selloff in financial markets. The DOW closed the week with a 1,985-point gain (9.4%), the DOW’s largest ever one-day gain.
The U.S. CattleTrace mission is to develop and manage a nationally significant, robust and globally accepted voluntary animal disease traceability system for all cattle entering commerce.
Market researchers say sales of shelf-stable food items such as fruit snacks, dried beans and energy drinks jumped in the week ended Feb. 22 as the corona virus began to spread.
In his State of the Rural Economy testimony before Congress this week, Ag Secretary Sonny Perdue said USDA is working to develop a voluntary label for beef products that will conform to WTO regulations.
An investigation is underway following the theft of 262 steers and heifers from a Lipscomb County, Tex., ranch on February 18.
The world’s largest potential market for beef seems to be shrinking under the strain of the cornonavirus as the government locked down cities for weeks and enforced wide-scale quarantines.
Vegans tried to interrupt Joe Biden’s victory speech in Los Angeles, but his wife, Dr. Jill Biden, was having none of it. Twitter had a field day.
In this exclusive video, Dr. Moore breaks down what generic actually means to quality. He’ll also explains how drugs get approved and why producers should feel confident using generic products.
Prevent fescue toxicity from making you, and your cattle, lose your cool.
Cash fed cattle traded in the South mostly $1 higher at $120 live. Cattle traded in the North at $119 to $120 live and $190 dressed, steady to $1 higher.
The U.S. has reopened its market to fresh Brazilian beef exports effective immediately, according to Brazilian Agriculture Minister Tereza Cristina Dias. NCBA opposes the resumption of trade.
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.
As African swine fever leaves China with a formidable protein gap, Brazilian meat producers have been rewarded with a boom in shipments. Now, that demand burst could start spreading into the U.S.
A pair of lawsuits filed in New Mexico charge the nation’s four largest meatpackers are misleading consumers with false labels on beef products.