beef | Red River Farm Network

Record U.S. Pork Exports

Published November 16, 2024

This year has been a record time for U.S. pork exports. "2024 was a really outstanding year for pork, but we need to continue focusing on developing markets other than China," said Joe Schuele, vice president of communications, U.S. Meat…

Restaurants File Lawsuit Against Large Packers

Published January 2, 2023

Several restaurants have filed separate, but identical lawsuits against Cargill, JBS, Swift, National Beef Packing, Tyson Foods and others claiming a conspiracy to control cattle volumes and prices starting in 2015. These antitrust lawsuits were filed by parent companies and…

Dairy/Beef Crosses Fill the Gap

Published December 15, 2022

The U.S. cow herd is growing smaller, limiting the number of feeder calves. "The beef /dairy crosses are really helping fill the gap on tonnage that we're having with the lack of feeder calves," said Ted Perry, head of beef…

Interpreting Biden Trade Strategy

Published October 12, 2022

The Biden Administration is taking a different approach to trade. National Cattlemen’s Beef Association Executive Director of Government Affairs Kent Baucus says the White House is not negotiating traditional trade agreements involving market access provisions to remove tariffs. "Instead, they're…

New Beef Processing Plant Proposed

Published May 30, 2022

A $1.1 billion beef processing plant is coming to western South Dakota. The debt/equity capital firm, Kingsbury & Associates, is behind this project. The plant will be located south of Rapid City and will have a daily processing capacity of…

Price-Fixing Allegation

Published May 20, 2022

South Dakota Senator Mike Rounds and Massachusetts Senator Elizabeth Warren are asking the Federal Trade Commission to investigate beef companies for price fixing. CEOs from the four largest packers testified on Capitol Hill last month. Leadership from Cargill, Tyson Foods,…

U.S. and Japan Reach Deal on Beef Safeguard Triggers

Published March 24, 2022

Japan’s safeguard mechanism on U.S. beef has been changed, increasing market access for the United States. The U.S. Ambassador to Japan Rahm Emanuel said this is a win for American ranchers and Japanese consumers. The timeline for implementation is not…

U.S. Beef Exports Skyrocket

Published March 18, 2022

Coming off a record-breaking performance in 2021, the USDA says U.S. beef exports went higher in January. That's an increase of 13 percent from one year ago. Beef export values increased 57 percent to more than $1 billion. Pork exports…

Cattle Prices Should Support Profitability, Says CattleFax

Published February 3, 2022

The last three years has been a time of liquidation for the cattle herd. CattleFax Vice President of Analysis Kevin Good expects liquidation to continue for another year. "Last year about one-third of the cow herd was exposed to drought…

JBS Settles Price Fixing Lawsuit

Published February 3, 2022

While not admitting liability, JBS SA agreed to pay $52.5 million to settle a beef price-fixing lawsuit. The allegations are JBS, Cargill, National Beef Packing and Tyson Foods conspired to limit slaughter volumes. This settlement still needs to be approved…

Articles tagged under: beef

Record U.S. Pork Exports

Restaurants File Lawsuit Against Large Packers

Dairy/Beef Crosses Fill the Gap

Interpreting Biden Trade Strategy

New Beef Processing Plant Proposed

Price-Fixing Allegation

U.S. and Japan Reach Deal on Beef Safeguard Triggers

U.S. Beef Exports Skyrocket

Cattle Prices Should Support Profitability, Says CattleFax

JBS Settles Price Fixing Lawsuit

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