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TheBeefSite Latest News: United States

12 May 2021

CME update: live cattle futures extend their rally as beef prices climb
US live cattle futures rose on 11 May for a fifth straight session, following high-flying wholesale beef prices....

Tyson Foods warns that rising costs will erode profits despite lifting its revenue outlook
American meat processing giant Tyson Foods expects that rising costs will hit profits in later quarters of 2021, even though the company raised its full-year revenue forecast due to higher meat prices and improving consumer demand....

11 May 2021

CME update: cattle futures rise again as demand remains strong
US live cattle futures gained on 10 May as cattle processing picked up, led by strong beef prices....

Tyson Foods beats sales estimates in second-quarter 2021
Tyson Foods, the largest US meat processor, outperformed second-quarter revenue projections on 10 May due to strong demand for poultry from the food service sector....

10 May 2021

CME update: cattle futures rise on improved US beef prices and an upswing in demand
US cattle futures rose on 7 May as strong beef prices and demand for red meat that catapulted margins for beef processors....

US NFU voices support of the American the Beautiful initiative
The National Farmers Union (NFU) is encouraged that agriculture is incorporated into the Biden administration's conservation principles. ...

Controlling Feed Loss, Spoilage Important for Cattle Production
Feed spoilage and waste obviously cost money, but they may have bigger impacts on cattle health, as well. Denise Schwab, beef specialist with Iowa State University Extension and Outreach, offers these reminders of feed loss types, causes and effects and...

09 May 2021

American Farm Bureau puts mental health in the spotlight with State of Mind directory
As part of Mental Health Month, the American Farm Bureau Federation (AFBF) has unveiled State of Mind, an online directory of resources for farmers, ranchers and their families who experience stress or mental health challenges....

08 May 2021

Consumers likely to consider health and environmental impacts of food after the pandemic
A panel of experts explains that health and environmental sustainability are influencing consumers' shopping decisions - and that this trend is likely to continue....

07 May 2021

Biden administration makes recommendations to protect 30% of US land and water
Biden administration officials on 6 May took their first step toward carrying out the president's campaign pledge to conserve 30% of American land and water over the next decade, outlining six categories for how it should be used....

CME update: cattle futures rise with wholesale meat prices
US live cattle futures climbed on 6 May as US wholesale prices increased....

US Farmers Union members advocate for immediate climate action
Members of the National Farmers Union (NFU) are approaching their elected representatives with their concerns over climate change during the NFU's "Days of Advocacy"....

06 May 2021

USMEF reports record-breaking beef exports in March
US exports of beef and pork posted record highs in March 2021, according to data released by the USDA and analysis from the US Meat Export Federation (USMEF)....

USDA should use pilot projects to build towards a carbon bank, says FACA
The Food and Agriculture Climate Alliance (FACA), now more than 70 members strong, has worked over the past three months to develop specific recommendations for how the USDA should approach a potential carbon bank....

05 May 2021

CME update: cattle futures end lower as supplies rise
US live cattle futures sank on 4 May as traders contended with ample supplies of cattle and a steady slaughter pace....

04 May 2021

CME update: cattle futures end mixed as traders brace for weak cash prices
Despite strong export demand and climbing packer margins, traders reported a mixed day on 3 May....

Tyson launches plant-based burgers and sausages to compete with Beyond Meat
Tyson Foods Inc is launching plant-based hamburgers and sausages ahead of the US summer grilling season, increasing competition for Beyond Meat as it releases an updated version of its own faux burger....

New US legislation will get local farm goods into school food programs
The National Farm to School Network and National Sustainable Agriculture Coalition welcomes the newly-introduced Kids Eat Local Act, which will make it easier for school meal programs to source food from local farmers and producers....

03 May 2021

CME update: live cattle futures gain ground while feeder cattle continue their decline
US live cattle futures rose on 30 April while feeder cattle futures continued to fall as climbing corn futures translated into higher feed costs....

US NFU calls on government to prioritize climate change across all its ag programs
Farming and agriculture can help combat climate change, but farmers need the USDA to support and fully realize this potential. ...

30 April 2021

CME update: live cattle futures gain on uncertainty in grain complex
US live cattle futures rose on 29 April as mixed grain trade offered some relief for feed costs....

USDA to host virtual fair on innovative ways to combat food waste
Mark your calendar for the first-ever Food Loss and Waste Innovation Fair on 26 May. ...

US NFU welcomes legislative priorities announced in President Biden's Congressional Address
President Biden's strategy for economic recovery, immigration reform and climate action have been welcomed by the National Farmers Union....

29 April 2021

Idaho lawmakers pass bill to kill most of state's wolf population
Idaho lawmakers have approved a bill authorizing the state to kill up to 90% of its wolf population, a measure championed by farmers and cattle ranchers that will become law if signed by the governor in the coming days....

CME update: cattle futures ease on pressure from feed prices
US live cattle futures settled lower on 28 April, as higher grain prices push producers to sell cattle early to avoid feed costs, creating a surplus of market-ready cattle....

28 April 2021

CME update: US cattle futures ease as grain costs rise
US live cattle futures fell on 27 April, as higher input costs could lead to near-term selling of cattle as producers are resistant to paying higher feed costs....

The bipartisan America Grows Act could help reassert US leadership in ag research
If passed, the bipartisan America Grows Act of 2021 would significantly increase US public investment in agricultural research and development, says the Farm Journal Foundation. ...

Feeding cattle seaweed reduces their GHG emissions 82%
A bit of seaweed in cattle feed could reduce methane emissions from beef cattle as much as 82 percent, according to new findings from researchers at the University of California, Davis....