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The American Akaushi: Better beef through EPD’s

While expanding from the original Fullblood Akaushi females and bulls imported from Japan, the American Akaushi breed registry now contains over 60,000 recorded animals consisting of both breeding and terminal stock. Most importantly, each of those recorded animals have been source verified by DNA.

Markets

Boxed Beef Report: Boxed beef prices fall

Choice boxed beef continued to fall on Thursday, dropping from $240.96 on Wednesday to $240.19 on Thursday. The 77-cent fall brought the 27-day average price to $240.77. Select boxed beef saw a huge fall of $2.53 to hit $228.01. The 27-day average price now rests at $232.42.

Choice primal flank dropped hard on Thrusday, falling $4.46 to $128.97. The 27-day average price is now at $138.53. Choice primal rib did better after falling all week, increasing $1.94 to hit $344.24.

Industry

Zoetis gains FDA approval on medicated feed cross-clearances

The U.S. Food and Drug Administration (FDA) has approved new combination uses of Zoetis’ feed additives ACTOGAIN 45 (ractopamine hydrochloride) and ENGAIN (ractopamine hydrochloride).

Beef producers, together with their veterinarians and nutritionists, will now be able to use ACTOGAIN 45 in combination with Rumensin (monensin USP) plus Tylovet 100 (tylosin phosphate).  ACTOGAIN 45 also has been approved for concurrent use with Rumensin plus Tylovet 100 plus MGA (melengestrol acetate).

Contributors

There is plenty of trade work yet to do

To start with, one could be forgiven for assuming that once the World Trade Organization ruled against the U.S. mandatory country-of-origin labeling law four times — twice each on the original regulatory rule and twice more on the revised version — the issue was settled.

Markets

U.S. average gasoline and diesel fuel prices decrease

The U.S. average retail price of regular gasoline decreased 13 cents from last week to $2.51 per gallon on August 31, 2015, 95 cents per gallon less than at the same time last year. The Midwest price showed the largest decline, down 20 cents to $2.47 per gallon. The West Coast price decreased 12 cents per gallon to $3.16 per gallon. The Gulf Coast and East Coast prices were both down nine cents per gallon, to $2.20 per gallon and $2.34 per gallon, respectively. The Rocky Mountain price was down five cents to $2.77 per gallon.

News

Protesting farmers in more than 1,500 tractors flood Paris streets

Protesting French farmers converged on Paris in more than 1,500 tractors on Thursday to demand more government action to stem a crisis in the meat and dairy sectors that has left some farms near bankruptcy in the European Union's top agricultural producer.

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