beef

Beef Production Likely to Grow in 2019

Dan Beef, Cattle

A Drovers report says the final beef production numbers for 2018 will soon be out as USDA data is moving again after the government shutdown. The current numbers for 2019 will also soon be released by USDA. The January Cattle on Feed Report will come out on February 22nd. With all but the last few days of slaughter and carcass …

grower

Better Days Coming for Chicken Producers

Dan Beef, Industry News Release, Pork, Poultry

Chicken, pork, and beef producers should all see better days over the next 12 months in spite of specific challenges in each segment. The industry website Meating Place Dot Com notes one industry analyst, Jeremy Scott of Mizuho Securities, who says the worst is behind us in the chicken market. That specific market segment had one of its most difficult …

Beef Production Forecast Drops Slightly for 2018-2019

Dan Beef, Cattle, Industry News Release

USDA recently reduced its forecast for beef production in 2018 by 30 million pounds. The new forecast is 26.9 billion pounds. The slight revision is based on numbers at the end of the third quarter, and from fourth-quarter expectations of slightly fewer steers and heifers to be slaughtered and fewer bulls in the slaughter mix. The industry website Meating Place …

prices

Beef Cattle Contribute to Sustainable Food System

Dan Beef, Cattle, Industry News Release

A recent study by the United Nations’ Food and Agriculture Organization says cattle raised for beef production play a key role in maintaining a sustainable food system. Meat industry publication Meatingplace reports that the research essentially counters claims that beef production consumes too much human-edible feed, finding that cattle are net contributors to the global protein supply, and concludes that …