Retail beef prices have steadily climbed, with margins reaching $20.35 per head this year, highlighting the growing gap between wholesale costs and what consumers pay at the grocery store.
It's a tale of two industries—while ranchers are cashing in, packers are feeling the pinch. Let’s unpack this complex situation that impacts all of us.
The meatpacking industry is under the spotlight once again. Supporters of recently proposed legislation looks to balance the scales for farmers and consumers alike.
Is the national beef herd expanding? That question has been before the livestock industry for several months at this point, as the herd reports some of the smallest numbers in a generation.
Minor month-over-month adjustments were recorded in USDA's August look at meat production at prices for 2024.
“The overall story hasn't changed much from last month, and several of the previous months going back a while,” noted World Agricultural Outlook Board chair Mark Jakanowski. He said that was re...
The February FAO Food Price Index averaged 131.2 points in January 2023, down 1.1 points, or 0.8%, from December, marking the 10th consecutive monthly decline. With this latest decline, the index has fallen 28.6 points, 17.9%, from its peak in March 2022.
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