The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.
Tag Archives beef markets

National Beef Strategy celebrates gains

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 […] Read more

Market access, income supports come with Trans-Pacific pact
Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal […] Read more

JBS doesn’t see Brazil beef exports to U.S. before 2016
Sao Paulo | Reuters — Meatpacker JBS expects fresh beef exports from Brazil to the U.S. to begin no earlier than 2016, later than the Brazilian government predicted, CEO Wesley […] Read more

U.S. seen approving Brazil fresh beef imports
Sao Paulo | Reuters –– Brazil’s agriculture ministry said on Friday the U.S. is likely to approve imports of Brazilian fresh beef this year, after President Dilma Rousseff visits Washington […] Read more

Higher U.S. beef prices ahead as grills fire up, imports cool down
Chicago/Wellington | Reuters –– Record-high U.S. beef prices will likely climb even higher this summer just as Australia and New Zealand imports dwindle under an extended drought in those countries […] Read more