U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
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U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
Brazil’s JBS bullish despite challenging outlook for US beef business
JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.
Threat of tariffs looms at Saskatchewan Beef Industry Conference
Cattle groups take advocacy to U.S. livestock producers, say they need to know how tariffs will affect them
The Canadian Cattle Association says threatened 25 per cent tariffs would cut Canadian wholesale beef prices by 13 per cent, but effects would be tempered slightly by the low Canadian dollar.
Ontario beef exports and prices rose in 2024
Global markets for Ontario beef are expanding but tariff threats create some uncertainty
The Ontario beef industry ended 2024 on an optimistic note, with record prices, lower feed costs and increased sector interest from young producers. Why it matters: Ontario’s beef industry saw increased sales and a three per cent increase in heifer retention, but it still faces hurdles to accessing international markets due to SRM restrictions and political uncertainty. “The […] Read more
Australia cashes in on beef exports as US cattle herd shrinks
A slump in U.S. beef production has opened the door for Australia to export record amounts of meat, growing its market share in North America and Asia and channelling billions of dollars to cattle processors and farmers.
Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC
Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.
National Beef Strategy celebrates gains
The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
Klassen: Yearling return to the lineup on strong demand
Frigid temperatures result in limited volumes
The market hasn’t missed a beat and started the year where it left in December. The only difference is there are larger supplies of yearlings coming on stream. The benchmark levels had backgrounded steers averaging 1,000 pounds trading from $280-$285/cwt with top bids rounding at $290/cwt. Steers averaging 850-pounds were averaging $300/cwt with top-notch larger groups peaking at $305.
Beef sector calls for Health Canada label exception
The Canadian Cattlemen's Association wants ground beef exempted from proposed rules
The cattle sector is less than pleased by a Health Canada proposal that would put a ‘high saturated fat’ label on retail ground beef. The proposal is part of a suite of changes proposed for Canada’s Food and Drug Regulations. As well as adding a front-of-packaging (FOP) label requirement for foods deemed by Health Canada […] Read more
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