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CoBank: Rising Meat Prices Will Test Consumer Demand
CoBank: Rising Meat Prices Will Test Consumer Demand
CoBank: Rising Meat Prices Will Test Consumer Demand
U.S. consumer demand for meat at the retail level remains exceptionally strong despite rising prices caused by increased production costs and supply chain challenges. A new CoBank report says that may change soon. Once the full effect of increased costs of producer price inflation shows up in the retail meat case, demand will get tested ...
Strong Momentum Continues for U.S. Beef Exports
Strong Momentum Continues for U.S. Beef Exports
Strong Momentum Continues for U.S. Beef Exports
Coming off a record-breaking performance in 2021, U.S. beef exports remained red-hot in January, according to the U.S. Meat Export Federation. Pork exports continued to trend lower in January, despite another outstanding month for exports to leading market Mexico ...
Meat Production Expected To Be Down In 2022
Meat Production Expected To Be Down In 2022
Meat Production Expected To Be Down In 2022
2021 was a record year for U.S. meat and poultry production. So, what's the expectation when it comes to production in 2022? "We expect total meat production to be down, just fractionally at .2%, 106.6 billion pounds.  This should be the first decline since 2014." ...
Steakhouses Struggling to Recover from COVID-19
Steakhouses Struggling to Recover from COVID-19
Steakhouses Struggling to Recover from COVID-19
Steakhouses are struggling to recover from the COVID-19 pandemic. Top steakhouses that provide a dining experience and high-priced cuts of beef see the Delta variant as a possible threat to travelers and group events. Several chains said they are better prepared amid the pandemic this year since adding outdoor dining and home delivery, should the latest surge or new government restrictions scare
Beef Exports Very Strong During The First Half Of 2021
Beef Exports Very Strong During The First Half Of 2021
Beef Exports Very Strong During The First Half Of 2021
U.S. Beef exports were very strong during the first half of 2021. According to the U.S Meat Export Federation, exports through June reached 700,087 metric tons, up 18% from the same time period a year ago, with a value of $4.64 billion, up 28% from last year ...
Grilling Season Rally Progressing Higher than Normal
Grilling Season Rally Progressing Higher than Normal
Grilling Season Rally Progressing Higher than Normal
This year’s grilling season rally is higher than normal, fueled by vaccine availability, stimulus checks and the opening of ballparks. According to cattle market analyst Ed Czerwien the daily spot Choice box beef cutout ended April 9th, at $272.17, w ...
Mulrony: We Need Additional Processing Capacity
Mulrony: We Need Additional Processing Capacity
Mulrony: We Need Additional Processing Capacity
Count Idaho among the growing number of states in need of additional meat processing capacity. Idaho Cattle Association Executive Vice President Cameron Mulrony said as more reports and data regarding the pandemic's impact on the industry are published, it's becoming very apparent that more hook space is needed ...
Hanes: Beef Industry Has Adapted Well To On-line Meetings
Hanes: Beef Industry Has Adapted Well To On-line Meetings
Hanes: Beef Industry Has Adapted Well To On-line Meetings
If there is a positive take away for the livestock industry during this pandemic, it is the rapid advancement of communications technology, allowing producers and industry leaders to more easily talk directly with consumers. Greg Hanes, CEO of the Cattlemen’s Beef Promotion and Research Board, said all the contractors they work with and their checkoff programs have really done a great job of adap

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