November 17, 2021
This week’s Trending Headlines show us cattle organizations that are typically divided on many issues are willing to unite for a shared concern over beef safety.
We also learn about a new beef processing plant opening in Missouri.
Plus, check out the U.S. beef export numbers in the third quarter of 2021.
That and more, awaits you in the headlines below. Feel free to discuss in the comments section.
1. “American beef producers want the door shut on all fresh beef from Brazil” by Dan Flynn for Food Safety News
According to the article, “American cattle producers who don’t often agree on much are collectively calling for the immediate suspension of all imports of fresh beef from Brazil to the United States. They claim Brazil, one of the world’s largest beef exporters, is putting American consumers at risk.
“The National Cattlemen’s Beef Association, R-CALF USA, and United States Cattlemen all want Secretary of Agriculture Tom Vilsack to immediately suspend all imports of fresh beef from Brazil to the United States.”
2. “Red meat exports remain on record pace through third quarter” from U.S. Meat Export Federation (USMEF)
Per the USMEF report, “Both U.S. beef and U.S. pork exports are on a record pace through September, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Beef exports posted one of the best months on record in September, with value climbing nearly 60% above last year. Pork export volume was slightly below last September, but value still increased 8%.”
3. “Missouri makes cut for new beef processing plant” by Mindy Ward for Farm Progress
Ward writes, “American Foods Group will add cattle harvest capacity with the future site in Warren County.”
4. “Tyson Foods raises meat prices as costs escalate” by Jacob Bunge and Matt Grossman for Action News Now
Here is an excerpt, “The cost of beef on the shelves of grocery store is up due to the supply chain. Inflation is beefing up the price of meat. The USDA predicts prices to jump between 6.5-7.5% this year.”
5. “High inflation is eating up the budgets of American households” by Jeffry Bartash for MarketWatch
Bartash, “High inflation is eating up the budgets of American households. The cost of groceries have jumped 5.4% in the past year, marking one of the biggest increases in the past two decades, according to the consumer price index. By contrast, grocery prices did not increase at all in the five years before the pandemic. Meat, chicken, dairy, eggs, sugar and coffee are among the products that have seen especially large price gains in the past year.”
6. “Economist cautiously optimistic on cattle markets in 2022” by Jennifer Whitlock for Texas Farm Bureau
Whitlock writes, “Beef cattle markets have been extremely volatile over the past three years, but one Texas A&M AgriLife Extension economist believes the remainder of 2021 and early 2022 will prove steadier. Processing capacity remains a limiting factor in beef cattle markets, said AgriLife Extension Economist Dr. David Anderson, but the fed cattle market has been slowly improving over the past few months.”
The opinions of Amanda Radke are not necessarily those of beefmagazine.com or Farm Progress.
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