Missouri sale barn owner says tight cattle supplies could push cattle prices even higherThe owner of one of the largest sale barns in the country says there’s room for cattle prices to move higher. Jackie Moore with Joplin Regional Stockyards in Missouri says he’ll continue to monitor placements data. “These cattle on feed reports, I’d say over the next three, four, five months are...
Cattle prices haven’t hit the ceiling yetCattle prices still have room to go up, said a Texas A&M AgriLife Extension Service expert. With smaller supplies of cattle on hand and good demand for beef continuing, prices could hold and go higher yet, said David Anderson, Ph.D., AgriLife Extension livestock marketing economist and professor, T...
U.S. beef export value climbs to $790M in JuneU.S. beef exports generated higher value in June despite a slight decline in overall volume, as strong demand in markets including Taiwan and Latin America helped offset lower shipments to China. According to the U.S. Meat Export Federation, June beef exports were valued at $790 million. USMEF Pre...
Raw beef from Argentina imported without inspection recalledAn establishment run by Corte Argentino USA LLC, located in Aventura, Fla., recalled 29,628 lbs of raw beef products imported from Argentina without the benefit of reinspection inside the United States, according to a Food Safety and Inspection Service (FSIS) report. The problem was discovered duri...
USDA alerts consumers to Salmonella risk in meat and poultry productsThe USDA's Food Safety and Inspection Service has issued a public health alert for meat and poultry products containing jalapeños that may be contaminated with Salmonella, after the FDA notified the agency that multiple establishments had received a recalled ingredient. No confirmed illnesses link...
USDA starts applications for $500 million SPUR beef programThe US Department of Agriculture (USDA) confirmed eligible beef processing plants for the Strengthening Processing for US Ranchers (SPUR) program would receive notifications starting on Aug. 10. The agency plans to email partially prefilled applications to eligible processing establishments with co...
Cattle prices haven’t hit the ceiling yetCattle prices still have room to go up, a Texas A&M AgriLife Extension Service expert said. With smaller supplies of cattle on hand and good demand for beef continuing, prices could hold and go higher yet, said David Anderson, Ph.D., AgriLife Extension livestock marketing economist and professor, T...
mCOOL could add billions in beef and pork supply chain costsIf Mandatory Country of Origin Labeling (mCOOL) for beef and pork was reinstated, it would cost the US meat supply chain $1 billion annually, according to a new economic analysis prepared by Decision Innovation Solutions for the Meat Institute. “This study proves there are real and significant cost...
In-Depth: Pork Has the Fundamentals. Where Is the Payoff?On paper, the U.S. pork market should be in a stronger position. Feed costs remain relatively low. Hog producers have logged roughly two years of profitability, by one long-running industry measure. Pork production is growing only modestly. The breeding herd is near its smallest level in more than ...
JBS receives approval for future expansion projects at Minnesota pork plantJBS USA recently applied for a conditional use permit (CUP) with the city of Worthington, Minn., to increase the size of its plant there According to documents from the city, JBS expects to add an approximately 19,000 square foot barn and CO₂ stun addition on the east side of the existing building....
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