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Canada requires MTB labeling to help reduce foodborne illness

Canada now requires all mechanically tenderized beef (MTB) be labeled as such. The rule went into effect on Aug. 21. FULL STORY »

JBS USA opens new cattle-buying station

JBS USA is opening a 12,000-square-foot cattle-buying station in Denver, Pa. today. FULL STORY »

Crop and livestock markets diverged Monday

Monday’s old-crop bean reversal seemed to spark widespread crop selling. The tight old-crop bean situation has been supporting bean and meal prices lately, but September beans and meal futures reversed sharply lower today, which seemingly triggered a concerted decline among the crop markets. FULL STORY »

USDA raises beef, pork price forecasts on drought, disease

Retail prices for many U.S. meats, already at record highs, continue to rise on a combination of drought and disease, but overall food cost increases remain near long-term averages, the U.S. Department of Agriculture said on Monday. FULL STORY »

Crop markets turned decidedly lower Monday morning

The old-crop bean reversal seemed to spark widespread crop selling. The tight old-crop bean situation has been supporting bean and meal prices lately. FULL STORY »

Cattle markets move past summer highs

About a year ago I wrote an article titled “Cattle markets move past summer lows.” The title of this article reflects how far we have come and serves as a reminder that the current cattle and beef market situation is the result of a market run that began over a year ago. FULL STORY »

Schwieterman: Live cattle futures closed sharply higher on Friday

Live cattle futures closed sharply higher on Friday, with Dec-Apr closing above 100 day moving average. FULL STORY »

Feeder Cattle Review: Retailers prepare for Labor Day Play video

Cattle buyers turned a little cautious this week as good gains in the Live and Feeder cattle futures on Monday turned decisively lower on Tuesday, Wednesday and Thursday, before recovering with solid gains on Friday after a very volatile couple of weeks of trading. FULL STORY »

Cattle Outlook: Record cattle prices, record consumer prices

This summer's record cattle prices have been made possible by record consumer prices. Retail prices for choice beef were record high during July for the sixth consecutive month. The average grocery store price for a pound of choice beef in July was $5.951. FULL STORY »

WTO smacks the USDA again

A flag has been tossed....again....and the ref has blown his whistle....again. All that remains is the short time it will take him to turn on the public address system and make the same announcement he made the last time the same illegal play was called. FULL STORY »

Driving genetic quality

Demand is pushing prices as cattle producers work to rebuild the cow herds – making for some heavy investments to be made. FULL STORY »

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