Cattle on Feed

U.S. Cattle on Feed Down Slightly

Dan Beef, Cattle, Marketing

The U.S. Department of Agriculture released their October Cattle on Feed Report, and the new numbers indicate cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totaled 11.6 million head on October 1, 2024. The inventory was slightly below October 1, 2023. According to a story from Gary Crawford, …

Cattle on Feed

Various Factors Affecting Livestock Trade

Dan Cattle, Marketing

Various factors are affecting livestock markets at this time. Mark Oppold explains what those are and what can be expected the next few days. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

cattle

USDA Raises Beef Production Outlook, Trims Dairy Expectations

Dan Beef, Cattle, Dairy, Marketing

USDA’s October beef production outlook was noticeably higher compared to the prior month’s forecast. Rusty Halvorson has more details. USDA outlook board chairman Mark Jakenowski says beef production is expected to grow both this year – and next year. “Beef production was raised 210 million pounds for 2024. We’ve been seeing some increased steer and heifer slaughter and also higher …

Plant-based products

Interest in Plant-Based Products is Cooling Off

Dan Beef, Marketing

Plant-based products started quickly in the grocery sector a few years ago. However, Supermarket News says that the market is beginning to settle and evolve.  The plant-based meat sector, a hot topic a few years ago, is currently experiencing growing pains. Fresh meat alternatives had volume sales of 36.9 million pounds for the 52 weeks ending on May 19. That’s …

meat industry

USDA Releases Interim Report on Meat Industry Practices

Dan Agri-Business, Beef, Cattle, Marketing

The U.S. Department of Agriculture (USDA) has released its Interim Report: Competition and Fair Practices in Meat Merchandising. The report aims to assess how retail concentration and business practices affect competition in the food sector, with a focus on the meat industry—especially beef. This report follows President Biden’s 2021 Executive Order No. 14036, which directed federal agencies to promote fair …

McDonald’s

McDonald’s Sues Meatpackers for Collusion

Dan Beef, Economy, Marketing

McDonald’s has filed a lawsuit against Tyson Foods, JBS, and other major meat packing companies. The fast food chain is accusing the packers of colluding for years to limit beef supplies. The suit says that the collusion allowed the companies to boost their profits while forcing McDonald’s to pay inflated prices for their meat supplies. McDonald’s says the companies conspired …

Georgia Beef Board

Georgia Beef Board Wraps up Fair, Prepares for Another Promotion

Dan Beef, Cattle, Georgia Beef Board (GBB), Marketing

The Georgia Beef Board (GBB) staff has been busy with various activities, with one of those just wrapping up this past weekend. GBB Executive Vice President Dale Sandlin talks about the Georgia National Fair, and how things went there in promoting beef and then has a preview of an upcoming promotion. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober …

Cattle Producers

Many Cattle Producers Still Optimistic About Their Futures

Dan Beef, Cattle, Economy, Marketing

Cattle producers, like other farmers, are generally an optimistic bunch. A Drover’s beef industry survey shows that 64 percent of the respondents remain optimistic about the future. Over half (51 percent) of the producers plan to grow their herd size in the next five years, and another 38 percent will maintain their herd sizes. Parts of the U.S. still face …