Packer
Demand for grass cattle has helped keep the price of weaned calves high.
Record high beef and fed cattle prices are still the norm.
Cargill Inc., one of the largest beef processors in North American, is recalling ground-beef products sold in western Canada because of possible contamination with E.coli O157 bacteria.
The average weight of cattle slaughtered in the United States is increasing in 2014, as rising prices for cattle and beef, coupled with declining feed costs, have induced growers to feed cattle for longer periods.
Cattle feeders have been fairing alright with higher live cattle prices, but packers aren’t doing so well.
JBS SA, the world’s biggest meat producer, exceeded analysts’ estimates to post record quarterly profit on surging cattle prices and lower feed costs.
Less beef production but prices should continue to rise, according to USDA.
Beef and cattle prices dropped this past week, but it’s still a profitable time to be in the beef industry.
Now is the time to consider rebuilding the herd, but holding onto cows could be risky.
Record high feeder cattle prices could make profitability difficult in the coming months.
Cash fed cattle prices reached new record levels Thursday with trades at $170 per cwt.
A long-idle beef processing plant is getting ready to reopen in Tama, Iowa, later this month.
Galant Food Company, a San Leandro, Calif. establishment, is recalling an additional 130 pounds of beef products because the meat filling used in the products did not meet its cooking critical limit.
Performance does not waiver in the face of record prices.
The U.S. Department of Agriculture says a Texas company is recalling nearly 91,000 pounds of ground beef products that might be contaminated with pieces of metal.
Cattle futures set record highs last week, while Choice cutout beef prices saw an increase.
Meat demand is still on the rise despite record high prices.
A meat packer in the Texas Panhandle has recalled nearly 12 tons of beef trimmings products due to possible E. coli contamination.
Cold storage across the U.S. is seeing less and less beef, along with pork, chicken and turkey.
A nonprofit group that supports small and family farms in Kansas is trying to build support for a meat processing facility and food hub project in the eastern part of the state.
The last beef-packing plant in South St. Paul, Minn., says it’s temporarily shutting down to an “extremely short supply of cattle.”
The fed cattle and boxed beef market slowed down this past week.
Cattle futures markets burst out of the gate early this week, setting record highs for both Live Cattle and Feeder Cattle.
A shuttered Kansas processing plant that produced a treated ground beef product critics dubbed “pink slime” plans to reopen next week with limited operations amid rebounding sales.
Volatile cattle market sees a $5 to $7 increase for fed cattle.