Cattle Outlook: South Korea FTA excites U.S. livestock industry

This week Congress approved the three free trade agreements (South Korea, Colombia and Panama) submitted by the President last week. The greatest potential for the U.S. livestock industry comes from the South Korean trade pact. South Korea is one of the top four foreign buyers of both U.S. pork and beef. FULL STORY »

Surveying the U.S. meat export/import market

Trade is an increasingly important part of the livestock and meat industry. According to Extension Ag Economist Lee Meyer, the big picture is that total meat imports declined by 3 percent last year while exports or sales to other countries increased by 4 percent. Overall, the U.S. exported four times as much meat as we imported. 2011 is seen as a very good year coming ahead. FULL STORY »

Niman Ranch moves beef production

In an effort to continually drive its core principles of sustainable agriculture and humane animal care to the highest possible standards, Niman Ranch has moved its beef processing plant from JBS Swift in Hyrum, Utah to XL FourStar in Omaha, Neb. FULL STORY »

Goldman Sachs: Cattle market will outperform hogs on tight supply

Cattle prices are poised to outperform the hog market over the next six months, potentially reaching all-time highs around $1.30 a pound, as feedlot inventories shrink and meat demand increases, according to Goldman Sachs Group. FULL STORY »

U.S. beef supplies climb as retailers prepare for hoilday demand

Pork supplies in U.S. freezers at the end of last month swelled nearly 14 percent over last year’s levels, according to a government report, a reflection of meatpackers’ stockpiling the meat to keep pace with robust exports. Beef supplies were up 11 percent. FULL STORY »

Cattle Outlook: August beef in cold storage, steer slaughter higher

USDA says that 0.8% fewer cattle were placed on feed this August than last. They report that August marketings of fed cattle were up 6.5%, in part due to one extra slaughter day. FULL STORY »

Tyson to pay $2.3M to settle sex discrimination charges

A Tyson Foods Inc. unit reached a settlement in a sex-discrimination case under which it will pay nearly $2.3 million to more than 1,650 female job applicants that were rejected for employment at four plants. FULL STORY »

Cold storage survey: Further decline seen in pork inventories

Analysts expect the federal government to report a decline last month in the amount of pork held in the nation's warehouse freezers, while estimates for beef inventories vary. FULL STORY »

Commentary: An exercise in futility

Once again, the notion that microbial testing is the pathway to ultimate food safety has reared its misguided head—courtesy of an activist senator who just can’t seem to grasp the facts. FULL STORY »

WASDE: 2011 beef production higher but weights lower due to heat stress

The 2011 forecast of total red meat and poultry production is raised reflecting higher beef production, but lower pork production. Continued large cow slaughter is expected to boost beef production. FULL STORY »

Tyson Foods worker sues union for threats and intimidation

A meat processing worker has filed federal charges against a local union and Tyson Foods, Inc. officials after union officials illegally threatened to retaliate against him for exercising his rights. FULL STORY »

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