PODCAST: Seeing Green: High Imported Beef Prices, Cyber Attacks, and More

This week on Market Digest, Host Laura Zinger and CEO Joe Muldowney talk high prices for imported beef, Australia emerging from their drought, China searching for product, cyber attacks, supply chain issues, return to live events, and much more.

ANALYSIS: Beef All-Fresh Retail Continues to Climb with Wholesale Gains

We have continued to talk about food price inflation across wholesale levels as many items in the Urner Barry price quotation universe are...

PODCAST: UK Beef Chats Episode 14

UK Beef Market Reporter Mike Nesbitt discusses inflationary pressure on beef pricing, an uptick in imported items and retail demand, and commodity prices rising across the board.

PODCAST: UK Beef Chats Episode 13

This week on UK beef chats, Mike Nesbitt and Gary Morrison explain how demand for beef imports are on the rise in the UK, how Chinese demand is causing prices to rise, and more!

ANALYSIS: Boxed Beef Cutout Surges at Record Pace to Start Year

Boxed beef prices have remained elevated to the start the year. In fact, demand has been...

ANALYSIS: All-Fresh Beef Retail Averages Record High in 2020

All-fresh beef retail values, the measure of prices of all beef quality grades in grocery stores as reported by the U.S. Department of Agriculture, averaged...

ANALYSIS: Cash Cattle Prices Are Stuck in Limbo

The weekly USDA five-area direct average fed steer price last week was $114.07/cwt, steady with the previous week but $0.78/cwt less than...

Beef Quarterly Q1 2021: New Drivers in Cattle Innovation

Increasing awareness of the need to improve environmental and social outcomes, together with a growing appetite from investors in animal protein, are creating new opportunities and growth in cattle innovation.

“We believe that research and innovation in the beef industry will continue to evolve but we are currently enabled by two main catalysts that will stimulate this further. Firstly, new investors in the space and secondly, the sustainability drive that not only seeks production improvements but also creates...

US Beef Demand: The Risk of Recovery

The optimistic anticipation of a post-pandemic world continues to intensify with the ongoing distribution of Covid-19 vaccines. From a beef industry perspective, virus control will relieve much of the current strain on the processing and distribution sectors.

Throughout the next several years, innovations accelerated by Covid-19 will go live, as well as technological advancements across the supply chain. Simultaneously, tighter cattle supplies from a declining beef cow herd will...

ANALYSIS: Australian Beef and Veal Exports to USA Hit Record Low in November

This week the Australian Department of Agriculture (DAFF) reported total beef and veal shipments to the United States at...

ANALYSIS: Cash Cattle Prices Could See Pressure in Q1

Boxed beef prices appear to be seasonally topping after staging an impressive rally throughout November. Although some primals continue to be...

ANALYSIS: Ribeye to Strip Spread Continues to Widen Into Year-End

If we look at the chart for the spread (or price difference) between the ribeye and strip loin, it usually...

ANALYSIS: The Spread Between Wholesale and Retail Beef Prices

During the COVID-19, wholesale beef prices have moved through phases as the situation changed...

NCBA and NAMI Respond to USDA Report on Cattle Markets 

The USDA suggested broader reporting requirements for meatpacking companies as it investigates cattle market movements driven by the coronavirus pandemic and a fire at a major beef plant. The USDA stated in a report in conjunction with the U.S. Department of Justice that it continues to investigate potential regulatory violations and anticompetitive conduct within the industry. However, the report does not detail any wrongdoing by meat processors.

“In its analysis of the effects of the fire and the pandemic, USDA found no wrong-doing and confirms the disruption in the beef markets was due to devastating and unprecedented events,” said North American Meat Institute President and CEO, Julie Anna Potts. “It is difficult to see how the USDA’s recommended legislative proposals would have...

ANALYSIS: Retail Beef and Broiler Prices At Highs, Pork Close

There was a change in leadership in food spend during the COVID-19, and it probably wasn’t unexpected given what transpired globally...