Pork
Feedlot closeouts continue ending on positive notes.
Cattle feeders turned a profit for the eighth consecutive week.
Cattle feeders saw positive margins on closeouts for the ninth consecutive week.
Feedyard profit margins rebounded slightly after last week’s $2 rally in the cash fed cattle market.
As expected, beef packer margins jumped wildly higher the week ending Aug. 17, while cattle feeding margins slipped into the red.
The combination of shrinking packer profits and smaller feedyard losses over the past six weeks has reduced the packer/feeder margin spread by 27%, according to the Sterling Beef Profit Tracker.
Sharply higher beef cutout values produced windfall profits for beef packers last week while cattle feeders saw closeouts with average losses about steady, according to the Sterling Beef Profit Tracker.
Families can expect to pay $67.73 to host an Independence Day cookout for 10 people, the American Farm Bureau Federation reports, a decrease of 3% year over year, yet 14% higher than two years ago.
USDA announced on June 14 that it is implementing a multi-step effort aimed at strengthening the substantiation of animal-raising claims.
Meat processing plants in the U.S. have garnered considerable public attention recently. A new study looks to identify characteristics associated with plant survival and provide crucial information for legislators.
While a backlog of ships may not be grabbing headlines compared to 2020, the labor uncertainty is impacting U.S. red meat exports, says Dan Halstrom, USMEF president and CEO.
A majority of Americans regularly eat meat and believe that it’s a healthy choice, according to a recent poll that has some critics up in arms.
The Butcher Shop Program is helping Colombian butcher shops improve sales of U.S. red meat is expanding into the foodservice sector to work directly with Colombian restaurants.
USMEF Spring Conference guest speaker Kenneth Smith Ramos, a former chief NAFTA negotiator for Mexico, says ag trade has thrived under NAFTA and its successor pact, USMCA, bolstering food security across the continent.
The rise in dollar stores across rural America is no secret, but how are consumers using them to fulfill their food needs?
Effective immediately, JBS USA will begin the transition of 10 facilities to its newly created company, JBS Sanitation.
When it comes to meat, what is your state most hungry for? Data shows meat eaters across the nation are looking for variety and tend to have a geographic component to recent consumer preferences.
While everyone looks forward to the main course, there’s an entire industry focused on the “leftovers.” On April 21, celebrate the “invisible industry” through National Rendering Day!
JBS USA’s Chief Executive Officer Tim Schellpeper is retiring from his role effective May 1. Wesley Batista Filho will assume the role of CEO of JBS USA.
Tyson Foods Inc. will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday.
With the youngest demographic in the world, the U.S. Meat Export Federation sees Africa as a promising destination for U.S. red meat exports, but not without a number of supply chain challenges.
USDA announced $125 million will be available through two new grant programs that will create more options for meat and poultry farmers by investing in independent, local meat and poultry processing projects.
USDA sent a letter to the 18 largest meat and poultry processors to request all actors in the food supply chain take steps to prevent or eliminate illegal child labor, which has risen 69% since 2018.
February U.S. pork and beef exports totals and values mixed, according to data released by USDA and compiled by the USMEF, with momentum continuing for pork and beef slightly lower year-over-year.
U.S. pork and beef exports contributed an estimated total economic impact of 15% per bushel to the value of corn and 13% per bushel to soybeans in 2022, study results find, released by USMEF.
Tyson Foods gave its chicken suppliers two months’ notice of its plan to shut a Virginia processing plant in May, raising concerns among farmers and legal experts about Tyson’s compliance with antitrust regulations.
National livestock groups are uniting to support Congressional efforts to expand opportunities for industry to invest in meat packing capacity.
The management of Brazilian meatpacker JBS SA said on Wednesday it “will be selective” in relation to launching share buyback programs and also regarding acquisitions given instability in international markets.
U.S. Meat Export Federation leaders share the importance of supporting fellow producers and other key partners and release impact numbers of red meat exports on corn and soybean values in the U.S.