antitrust

USDA Releases Latest Beef Production and Price Forecasts

The U.S. Department of Agriculture has released their latest Beef Production and Price forecasts. World Agricultural Outlook Board Chairman Mark Jekanowski explains,” Our beef production forecast for this year, we lowered by 20 million pounds. This reflects just the fact that we’re anticipating a little bit lower steer and heifer slaughter, partially offset by higher weights and more cow slaughter. But overall …

cattle futures

Live Cattle and Feeder Cattle Set Record Highs

We’re keeping an eye on live cattle and feeder cattle futures and cash markets here late week. Cattle and feeder cattle futures have set new contract highs this week, both June live cattle and May feeder cattle. Packers still buying cattle. Saturday, last week, feedlots held firm, looking for steady to higher money. Looks like more of the same this week. And the cookout …

Dairy

DMI Launches Dairy Does More Advertising Campaign

Dairy Management Inc. (DMI) has launched a new advertising campaign to share the unique story of dairy. Aris Georgiadis, Senior Vice President for DMI shared the details about the campaign. Georgiadis said, “One of our insights is that most people have blind spots when it comes to the foods they love and enjoy. So, for example, they may think of yogurt …

Georgia Beef Board

Georgia Beef Board Focuses on Beef Quality Assurance

The Georgia Beef Board is focusing on Beef Quality Assurance, especially through the upcoming Georgia Cattlemen’s Association Convention. We caught up with Wyatt Doolittle to learn more. Doolittle said, “So BQA focuses on best practices in cattle care, everything from proper handling and nutrition to herd health and record keeping. At the end of the day, it’s about making sure we’re …

usmef

Beef Exports Access To Saudi Arabia Expanded

U.S. Beef Exporters now have greater access to selling beef in Saudi Arabia due to the Saudi Food and Drug Authority’s announcement that participating in the Export Verification Program will no longer be required for importers. U.S. Meat Export Federation President and CEO Dan Halstrom explains how the removal of this barrier will impacts a growing foodservice market. Halstrom said, …

Cattle on Feed Report

USDA Provides Insights in Latest Cattle on Feed Report

The USDA Has released the latest Cattle on Feed Report and USDA Livestock Analyst Michael McConnell provides insights into beef supplies as we get closer to grilling season. McConnell said, “Overall our feedlot inventories remain about on par with where they were a year ago. Placements were actually up year over year during February, which that’s the first time that’s happened since …

usmef

USMEF Highlights Ecuador Reciprocal Trade Agreement Benefits For Beef and Pork

With the announcement of the Reciprocal Trade Agreement with Ecuador being finalized, the U.S. Meat Export Federation is highlighting the benefits in the agreement for beef and pork. Erin Borror, U.S. Meat Export Federation (USMEF) Vice President for Economic Analysis explains, “The tariff on beef is basically 20 percent and that’s phased to zero in the agreement over three years. And …