Articles tagged under: beef
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…Drought Cuts into the Size of the Beef Herd
Published February 1, 2022
According to USDA’s cattle inventory report, the number of beef cows nationwide totals more than 30 million head. That’s the fewest beef cows since 2015. The decline of nearly 719,000 head is the largest year to year decline since 1996…U.S. Beef Exports Set Record High in 2021
Published January 2, 2022
U.S. beef export demand set a record high in 2021 with nearly 2 billion pounds exported. The key markets were South Korea, Japan, and China. The cattle byproduct value also surged and was driven by the export market. Strong exports…Quality Drives Beef Market
Published December 30, 2021
During the past six months, beef consumers have reinforced their preference for products at the top end of the market. Choice and prime wholesale prices have skyrocketed during the second half of 2021. The prime/select spread has averaged nearly $85…“Very Good” Demand Expected for U.S. Animal Protein in 2022
Published December 30, 2021
Breaking that down demand by species, RaboResearch Food and Agribusiness Analyst Don Close says the poultry sector is in a position for modest growth, the pork sector may see choppy growth and the beef sector will do very well. COVID…MN Beef Update
Published November 10, 2021
The Minnesota State Cattlemen's Association will be meeting ahead of the State Cattle Industry Convention to discuss resolutions for the year ahead. Association member Krist Wollum has more in the latest Minnesota Beef Update.