Monthly Reports

Weekly beef export shipments above average, sales fall

U.S. beef export sales fell10 percent last week, decreasing by 1,337 metric tons to 12,664 MT. Sales remain under the 27-week average and are 1,337 MT above the 10-week low. FULL STORY »

Growth in U.S. beef imports moderate in 2012

Through the third quarter of 2012, U.S. beef imports were 10 percent above 2011 levels. Despite moderate growth and in light of a tightening domestic supply, the increase in beef imports in 2012 has not been as robust as expected earlier in the year. FULL STORY »

Beef again leads food-price inflation

Beef and veal prices rose by 5.4 percent between September 2011 and September 2012, pork declined by 2.7 percent, according to USDA's latest Consumer Price Index (CPI) data. The index for all food increased by 1.6 percent during the same period. FULL STORY »

Stronger dollar suppresses beef exports

Net export sales of U.S. beef dropped 10 percent last week, totaling 9,794 metric tons. The export number is 1,119 metric tons lower, reaching a new 27-week low. FULL STORY »

Total beef in freezers down 7% from last month

Total red meat supplies in freezers were up slightly from the previous month and up 16 percent from last year. FULL STORY »

August cattle slaughter down 3% from 2011

Commercial red meat production for the United States totaled 4.39 billion pounds in August, up 2 percent from the 4.30 billion pounds produced in August 2011. FULL STORY »

USDA projects lower beef production this year and next

While there is no question the drought of 2012 has hurt cattle markets both directly and indirectly, the outlook for beef and cattle prices into next year looks positive. This month’s Livestock, Dairy and Poultry Outlook report from USDA outlines several of the forces influencing supplies of and demand for beef and competing meats in the coming months. FULL STORY »

Beef export sales higher with increases to Vietnam

Beef export sales improved by 17 percent last week to 18,521 metric tons with an increase of 2,740 MT. FULL STORY »

USDA Cold Storage report: Beef in freezers up 9% over last year

Total red meat supplies in freezers were down 6 percent from the previous month but up 15 percent from last year. FULL STORY »

USDA: Beef in freezers 11% above previous year

Total red meat supplies in freezers were down 4 percent from the previous month but up 14 percent from last year. FULL STORY »

Beef prices remain strong through April

Wholesale and retail Choice beef prices have dropped off somewhat over the past few months, but remain at historically high levels, according to the latest report on meat price spreads from USDA’s Economic Research Service. The report lists the average retail price of Choice beef for April at $4.98 per pound, down from $5.05 in March. The high-water mark for retail beef prices was in January, with retail prices for Choice beef averaging $5.09. FULL STORY »

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