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My Beef Checkoff

"Meat Your Beef" with the Philadelphia Art Institute

As part of its Northeast Beef Promotion Initiative (NEBPI), the beef checkoff hosted a “Meat Your Beef” channel influencer immersion event at a modern-day beef processing plant and nearby beef feedlot in Eastern Pennsylvania on March 26 for the chef instructors and culinary students at Philadelphia Art Institute in Philadelphia, Pa.

Markets

Weekly mandatory price reporting

Back when there was a little more snow on the ground, I came across a notice that the Mandatory Price Reporting Act of 2010 has a sunset clause in it dated September 30, 2015. That inspired me to reexamine the content of the various reports for cattle, lest anything be taken for granted.

Markets

Ag markets diverged after Tuesday's USDA reports

Corn futures reacted badly to the USDA reports. The USDA released its Grain Stocks and Prospective Plantings reports at 11:00 AM CDT this morning, which sent corn prices sharply lower. The stocks result easily topped forecasts, thereby depressing old crop prices, while the 2015 acreage figure also far exceeded expectations and depressed new crop values. May corn futures plunged 18.25 cents to $3.7625/bushel in late Tuesday trading, while December dropped 17.5 to $4.0025.

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