Despite Challenges, Beef Demand at 40-Year High

For the past year, the headlines across cattle country have focused on low herd numbers, market fluctuations and rising input costs.  Because of that, total beef supply tightened by 3% and beef retail prices climbed to an average of $8 per pound.

Yet consumer demand for beef surged to a 40-year high.

Despite the challenges, Certified Angus Beef sales reached 1.235 billion pounds globally, marking it one of the brand’s strongest years in history.

“The brand’s success this year is the direct result of the hard work and innovation across our entire beef community,” says John Stika, CAB president. “It’s their intentional efforts to win with Certified Angus Beef year in and year out that have allowed this brand to thrive over 47 years.”

This year marks the brand’s third-best year, with a record-setting month in November and the brand’s all-time best sales month in March.  April and May followed with strength heading into grilling season, landing in the brand’s top 10 for monthly sales.

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