Retail Beef
Continued issues at ports threaten the value potential of chilled, never frozen, red meat exports.
Locally-grown beef officially hit grocery store shelves at Karns Foods, a Pennsylvania grocery store chain, and has committed over 600 steers to the store’s program.
Beef is a ‘hot’ commodity, as three semi-trailers loaded with meat were reported stolen in Nebraska.
Addressing shipping inefficiencies and challenges at the ports, passed legislation receives positive reassurance from the industry.
Record-level red meat exports of $18.7 billion in 2021 had a major impact on the corn and soybean industries, according to an independent study by the Juday Group for the U.S. Meat Export Federation.
The three-day USMEF Spring Conference examined a number of key issues for U.S. exporters while also updating members on promotional activities for U.S. pork, beef and lamb in a wide range of international markets.
Experts share insight on first quarter red meat exports, foodservice and retail trends, and the globalized trade in this recap from The U.S. Meat Export Federation (USMEF) Spring Conference in San Antonio, Texas.
Mexico’s duty suspension is likely to benefit European pork and Brazilian poultry, while beef imports remain relatively unchanged.
When disruptions and ‘shortages’ occur, consumer buying habits shift in fear of the marketplace. Interestingly, the current infant formula shortage has striking similarities to the pandemic beef industry.
U.S. red meat exports see strong to record-pacing Q1 totals. U.S. Meat Export Federation president and CEO, Dan Halstrom shares the details.
South American imported beef containing hard plastic is found in U.S. Whole Foods stores across the country.
Feed additive Ractopamine is used to enchance or increase muscle mass and improve feed efficiency. The U.S. FDA addressed the food safety concerns.
The Wendy’s Company released its 2021 Corporate Responsibility report, outlining progress under the Company’s Good Done Right platform focus areas of Food, People and Footprint.
Recognized as one of the greatest opportunities of U.S. red meat exports, trade talks gear up to address the Indo-Pacific Economic Framework. USMEF shares its comments on the pillar of resilient trade.
China/Hong Kong continues to grow as the largest beef importer in the world. Beef imports into China/HK are forecast to increase in 2022 and account for over 35 percent of global beef imports.
Capitalizing on growing demand for products that are more environmentally “friendly,” a New Zealand company began offering USDA-approved Net Carbon Zero Angus beef in the U.S. in March.
“I’d never tasted anything that good in my life,” says Don Brown, president of Triangle B Ranch Inc. near Stigler, Okla. His idea of beef all changed when he enjoyed his first Wagyu steak.
Groups are calling on USDA’s Food Safety and Inspection Service to recall any antibioitic-positive beef that was destined for USDA-approved “raised without antibiotics” labeling programs.
The European Union considers applying their health and environmental standards to all imported agricultural and food products. USMEF’s Cheyenne McEndaffer expresses her opposition of the idea.
Declining beef and pork production may offset increased broiler production and lead to a decrease in total meat production in 2022. This would be the first decrease in total meat production since 2014.
Approximately 90 million continue living under a form of lockdown orders in Hong Kong and surrounding areas, resulting in decreased meat consumption and import issues.
The owner of a Kansas City barbeque joint says he’s “embarrassed” by brisket prices. He wants customers to “order anything besides the brisket and burnt ends.” Have the Biden folks read the history of the Nixon debacle?
A federal appeals court has affirmed the dismissal of a lawsuit brought by cattle ranchers over the alleged mislabeling of beef as a “Product of the U.S.A.”
The 2022 Power of Meat report found nearly all households purchase meat, even as more meat consumers shopped online. Nearly half of those shoppers (46%) purchase meat online regularly.
Higher grain prices raise the question of how cattle should be finished. A recent grass vs. grain discussion included the performance and economic perspectives but added an environmental evaluation.
![“Asian exporters are paying premium shipping rates, sometimes 10 times what the rate is for going from the [United] States back to Asia, and this shipping rate disparity incentivizes sending back those empty containers,” Borror said.](https://assets.farmjournal.com/dims4/default/92c7bcd/2147483647/strip/true/crop/840x561+0+19/resize/250x167!/format/webp/quality/90/?url=https%3A%2F%2Ffj-corp-pub.s3.us-east-2.amazonaws.com%2Fs3fs-public%2F2021-02%2FExport-ship-840.jpg)
Current shipping bottlenecks and the importance of a “just-in-time” market loom over red meat exports in 2022. USMEF Economist Erin Borror commented on the industry’s supply chain challenges.
The post-pandemic consumer will continue to drive changes to the industry. Find trends, storytelling strategy and actionable insights with experts Maeve Webster and Danette Amstein at the upcoming Stakeholders Summit.
Beyond Meat is set to release quarterly financial reports likely showing growing sales and increasing losses. As one analyst put it, “it seems the more faux meat they sell the more faux money they make.”
Court denies restraining order filed to halt aerial gunning operation of feral cattle. “The overall situation and the waste of protein is saddening,” says NMCGA President-Elect Bronson Corn.
The Covid-19 pandemic greatly effected the food supply chain. With another surge on the rise, consider ways to expand market opportunities and minimize disruptions during these times.