September 30th brought the end of the Certified Angus Beef brand’s fiscal year, and the brand reported a 10% tonnage increase.  CAB president John Stika said there were challenge and an opportunity heading into the 2017 fiscal year.

 

“2017 for Certified Angus Beef will mark the 13th consecutive year of growth, and mark the 11th record sales year in a row, now the second time Certified Angus Beef brand beef sales have tallied more than a billion pounds.  Coming in at 1,120,000,000 pounds as we close out our fiscal year.”

 

The increase came from all areas.  Each division, from international to foodservice to retail, saw growth.  Stika credited cattle producers for the growth.

 

“This past year, we had a record 26% of all angus cattle meet our ten specifications for quality and so, that says a lot about what the cattlemen have built.”

 

In 2006, USDA Select was 37.5% of the total.  Today, CAB makes up 18.4% of the entire fed cattle industry, a greater percentage than Select.

 

 

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