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CattleFax Forecasts Producer Profitability in 2023 with Potential Drought Relief for the West

The popular CattleFax Outlook Seminar, held as part of the 2023 Cattle Industry Convention and NCBA Trade Show in New Orleans, shared expert market and weather analysis today.

Prices and profitability will again favor cattle producers in 2023. The cattle industry is entering 2023 with the smallest cattle supply since 2015 as drought caused the industry to dig deeper into the supply of feeder cattle and calves. While the exact path to drought relief is unknown, improvements are also expected to translate to moderating feed costs, especially...

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Feb 3 9:32 AM, General News



NCBA Announces 2023 Policy Priorities

The National Cattlemen’s Beef Association’s (NCBA) executive committee approved the organization’s policy priorities at the 2023 Cattle Industry Convention and NCBA Trade Show, with a focus on advancing animal disease preparedness, protecting voluntary conservation programs, and defending producers from regulatory overreach.

“Our focus is helping to create opportunity for America’s cattle producers and fighting to make sure the federal government does not damage our industry,” said NCBA President-Elect Todd Wilkinson. “Cattle producers have been caretakers of the land and livestock for decades and are committed to conserving this country’s natural resources while producing...

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Feb 2 7:08 AM, General News


USDA Launches Pilot Cattle Contracts Library

The U.S. Department of Agriculture (USDA) launched its pilot Cattle Contracts Library today at Noon Eastern Time on the Agricultural Marketing Service (AMS) Cattle Contract Library webpage. The Consolidated Appropriations Act of 2022 directed USDA to create a pilot library to increase market transparency for cattle producers. This pilot library will provide new disclosure to the industry and public regarding the key terms, conditions, and volumes under which cattle are contracted, bringing sunshine to practices in what is now the largest part of the cattle market...

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Feb 1 7:57 AM, General News


Bion and Olson Farms/TD Angus Announce Nebraska Sustainable Beef Practices Project

Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in the development of livestock waste treatment technology and premium sustainable beef, and Olson Farms/TD Angus announced a letter of intent to develop a 45,000-head sustainable beef cattle feeding operation near North Platte, Nebraska.

The project will consist of three of Bion's 15,000-head modules that will include barns with solar panels, manure collection and conditioning, biogas recovery and upgrading, ammonia capture and production of organic fertilizer products, and clean water recovery...

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Jan 10 6:22 AM, General News


Omega Feeders Introduces a New Cattle Feedlot

This state-of-the-art facility can accommodate up to 6,000 head capacity upgrading to 9,000 head in 2023. The feedlot will provide an efficient and environmentally friendly way to produce high-quality beef. The company has invested in the latest technology to ensure that their feedlot exceeds all industry standards. Omega Feeders is committed to providing the best possible service to its customers and believes that its new feedlot will help them achieve this goal.

Omega Feeders is committed to providing top-notch service with...

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Jan 3 8:51 AM, General News


NCBA Pleased with Changes in Cattle Contract Library Final Rule

Today, the National Cattlemen’s Beef Association (NCBA) welcomed the release of a final rule from the U.S. Department of Agriculture (USDA) to stand up the Cattle Contract Library Pilot Program. This program was authorized following NCBA’s engagement with Congress on the Consolidated Appropriations Act of 2022.

“We are pleased that USDA listened to feedback from stakeholders like NCBA while crafting the final rule on the Cattle Contract Library Pilot Program. We are hopeful that this pilot program will strike an appropriate balance between offering cattle producers additional insight into the..."

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Dec 7 8:03 AM, General News


USMEF Conference Concludes with Election of New Officers, Overview of Current Trade Landscape

The U.S. Meat Export Federation (USMEF) Strategic Planning Conference wrapped up Friday in Oklahoma City with the election of a new officer team. Dean Meyer, a corn, soybean and livestock producer from Rock Rapids, Iowa, is the new USMEF chair.

In addition to raising corn and soybeans, Meyer’s diversified operation – which he oversees with his three sons – includes a cattle feedlot and a farrow-to-finish hog facility. This provides him with a deep appreciation of the diverse range of agricultural sectors that make up USMEF...

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Nov 14 9:22 AM, General News


Rancher Sentenced for Running $244 Million “Ghost Cattle” Scam

A cattle rancher in Washington was sentenced yesterday to 11 years in prison for defrauding Tyson Foods Inc. (Tyson) and another company (Company 1) out of more than $244 million by charging the victim companies for the purported costs of purchasing and feeding hundreds of thousands of cattle that did not exist.

According to court documents, Cody Allen Easterday, 51, of Mesa, used his company, Easterday Ranches Inc., to enter into a series of agreements with Tyson and Company 1 under which Easterday Ranches agreed to...

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Oct 6 8:28 AM, General News


Webinar Symposium to Discuss Small Tick Causing Big Problems for Cattle

The National Cattlemen’s Beef Association (NCBA), in conjunction with the United States Department of Agriculture (USDA), is hosting a two-day webinar symposium to address concerns regarding the Asian Longhorned Tick and the pest’s possible impact on the U.S. cattle industry. The free virtual event will be held Aug. 23-24 from noon to 3:45pm (Eastern) each day.

“Our goal is to inform and educate cattle producers across the country about this potential threat,” said Dr. Kathy Simmons, NCBA’s chief veterinarian.

The two-day webinar is designed to...

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Jul 15 8:42 AM, General News


UB Consulting: Has the Drought Shifted More Cattle to the Feed Lots?

Both farmers and ranchers throughout the country continue to battle extreme drought conditions—conditions that have persisted in certain areas of the country since 2000. At the same time, the amount of cattle on feed has remained at historically high levels for the latest five consecutive months. According to the USDA, June data indicated an increase of 1.2% percent above year-ago levels and at the highest level for that date since the series began in 1996. With drought conditions located in some areas...

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Jun 30 7:59 AM, Urner Barry


North American Meat Institute: Meat and Poultry Industry is Resilient

The North American Meat Institute (Meat Institute) today released the following statement in response to a U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service report on Agricultural Competition and the first in a series of rules changes the Administration is proposing under the Packers and Stockyards Act:

“Despite what the White House says, the meat and poultry industry proved to be remarkably resilient during the pandemic,” said Julie Anna Potts, President and CEO of the Meat Institute. “Following the challenges of the spring of 2020, the industry acted immediately to reduce..."

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May 27 8:06 AM, General News


Inversion of the Cattle Cycle in Brazil: Increased Production Will Fuel More Growth in Beef Exports

Due to the retention that started in 2019 and gained momentum in 2020, a significantly increased number of calves and steers ready to enter intensive production systems should reach the market in 2H 2022. Added to the increase in the share of females in slaughter, this should bring about a change in the livestock cycle and consequently increase the supply of slaughter cattle.

It is important to point out that, with feed prices still expected to be high in 2H 2022, the margins of...

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May 26 8:00 AM, General News


USDA Data Reveal: Cattle Sale Revenues Grew 16% in 2021

Following two Congressional hearings on the beef and cattle markets largely focused on prices producers receive for their cattle, the North American Meat Institute (Meat Institute) today said the latest USDA annual report on livestock income clears up misconceptions about the state of cattle markets and shows cash receipts for the sale of cattle and calves increased 16 percent, from $63.1 billion in 2020 to $72.9 billion in 2021.

“As our members said in their testimony, prices are improving for cattle producers due to supply and demand reflecting..."

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May 2 8:25 AM, General News


Meat Institute to House Ag Chair Scott: Packer Margins Since 2015 Due to Increased Herd Size

The North American Meat Institute (Meat Institute) today answered questions asked of meat and poultry industry companies by House Agriculture Committee Chairman David Scott during a hearing on beef and cattle markets:

“The analysis of beef and cattle market margins from 2015 are not in dispute,” said Julie Anna Potts, President and CEO of the Meat Institute. “Cattle prices hit record highs in 2014 and 2015, when the overall cattle herd was at its smallest since 1952 (for context, that was during the Truman...

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Apr 29 9:00 AM, General News


Meat Institute to House Ag: More to Beef & Cattle Markets than Packers & Producers

The North American Meat Institute (Meat Institute) today said the beef and cattle markets are complex, driven by supply and demand and have more participants than packers and producers who add value at each step in production.

“Too often, the policy debate around the cattle and beef industry is an overly-simplified discussion limited to cattle producers versus beef packers. It is imperative policy makers remember: packers don’t buy fed cattle from cow-calf producers; nor do packers sell beef to consumers,” said Julie Anna Potts, President...

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Apr 29 8:54 AM, General News


NCBA President Urges Congress to Adopt Broadly Supported Cattle Market Policies

Today, National Cattlemen’s Beef Association (NCBA) President Don Schiefelbein, a Minnesota cattle producer, testified before the House Agriculture Committee in a hearing on issues in the cattle markets. Schiefelbein urged House members to support key policies with broad, unified support across the entire cattle industry including a cattle contract library, Livestock Mandatory Reporting (LMR) reauthorization, and investments in small regional processing capacity expansion.

“The only people who know exactly how cattle producers should navigate these uncertain times are the individuals who work..."

 

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Apr 28 8:00 AM, General News


Meat Institute to House Ag: More to Beef & Cattle Markets than Packers & Producers

The North American Meat Institute (Meat Institute) today said the beef and cattle markets are complex, driven by supply and demand and have more participants than packers and producers who add value at each step in production.

“Too often, the policy debate around the cattle and beef industry is an overly-simplified discussion limited to cattle producers versus beef packers. It is imperative policy makers remember: packers don’t buy fed cattle from cow-calf producers; nor do packers sell beef to consumers,” said Julie Anna Potts...

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Apr 27 1:00 PM, General News


Cattle Industry Opposition to Government Mandate Amplified Through Senate Hearing

The Senate Committee on Agriculture, Nutrition, and Forestry today held a hearing to discuss transparency and oversight within cattle marketing, specifically the Cattle Price Discovery and Transparency Act (S.4030) and additional oversight through the Office of the Special Investigator (S.3870). The hearing has been proceeded by months of debate over the need for increased transparency in cattle marketing, and today’s conversation highlighted the vehement opposition to government mandates by a majority of U.S. cattle producers.

“The majority of cattle producers have made it clear that..."

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Apr 27 8:43 AM, General News


NAMI to Senate Ag: Cattle Prices at Seven Year Highs; Reject Costly Grassley-Fischer Bill

With cattle prices at seven-year highs following record beef production in February and March as the packing sector recovers from COVID-related labor shortages and supply chain issues, the North American Meat Institute today urged members of the Senate Committee on Agriculture, Nutrition and Forestry to reject the Grassley-Fischer bill’s mandates and federal intrusion in the beef and cattle markets.

“Leading agricultural economists have determined Grassley-Fischer bill’s latest draft remains costly to producers, especially producers in Texas..."

 

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Apr 27 8:13 AM, General News


North American Meat Institute to House Agriculture Committee: Asked and Answered

The North American Meat Institute (Meat Institute) today issued the following statement regarding House Agriculture Committee Chairman David Scott’s announcement of an upcoming hearing on the beef industry and food prices:

“The Meat Institute and its members have already made themselves available to Chairman Scott and all Members of Congress on several occasions to help improve the understanding of the beef markets,” said Julie Anna Potts, President and CEO of the Meat Institute. “This hearing will be no different. The questions have been asked and answered...”

 

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Mar 22 8:27 AM, General News


Cattle Producers Welcome Contract Library Pilot Program

On Thursday, the Senate passed the Fiscal Year 2022 Omnibus Appropriations package. In addition to providing funding for a number of programs of importance to U.S. beef cattle producers, the bill also maintained key provisions the National Cattlemen’s Beef Association (NCBA) has long advocated for, such as the Electronic Logging Device exemption for livestock haulers, important EPA regulatory relief, and an extension of the Livestock Mandatory Reporting program. Also included in the package is a Cattle Contract Library pilot program, a critical tool as NCBA works to increase market transparency for cattle producers...

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Mar 14 9:06 AM, General News


NAMI: Congress Blocks Industry Input on Cattle Contract Library Pilot Program

The North American Meat Institute (Meat Institute) today said the Fiscal Year 2022 Omnibus Appropriations Bill creates a Cattle Contract Library pilot program requiring beef packers to report private business information to the government that will then be published, but blocks public comment on the Biden Administration’s proposed rules for the program.

“Congress and the Administration say they value transparency in the beef and cattle market yet they bury this rider without debate in a giant spending bill and direct USDA to create the pilot program without any feedback..."

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Mar 14 8:32 AM, General News


Cattle Producers Send WOTUS Letter to EPA

Today, the National Cattlemen’s Beef Association (NCBA) submitted a letter to the Environmental Protection Agency (EPA) on behalf of over 1,600 cattle producers from 44 states calling for a definition of “Waters of the United States” (WOTUS) that works for the cattle industry.

The letter is in response to a rule proposed by the Biden administration to repeal the Navigable Waters Protection Rule and implement new regulations on water features, including features commonly found on farms and ranches. The letter asks EPA Administrator Michael Regan to support a limited, clear definition...

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Feb 8 8:00 AM, General News


NCBA Member Testifies on Cattle Industry Sustainability

Today, NCBA member and rancher Kim Brackett testified before the U.S. House Agriculture Subcommittee on Livestock and Foreign Agriculture on the cattle industry’s leadership in sustainability and conservation practices.

"Cattle producers are America’s original conservationists, and we work hard every day to ensure that we can pass our operations on to the next generation,” Brackett said. “Our family, along with cattlemen and women from across the country, are committed to remaining environmentally, economically and socially sustainable for generations to come."

Specifically, Brackett pointed to the biodiversity benefits that come from ranchers’ land management...

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Feb 4 8:40 AM, General News


Industry and International Leaders Optimistic for the Future of U.S. Cattle and Beef Industry

Today, the National Cattlemen’s Beef Association (NCBA) welcomed Secretary of Agriculture Tom Vilsack, Under Secretary of Agriculture for Farm Production and Conservation Robert Bonnie, and British Ambassador Dame Karen Pierce to the 2022 Cattle Industry Convention and NCBA Trade Show.

“We appreciate the working relationship that our team has with both Secretary Vilsack and Under Secretary Bonnie. NCBA continues to build relationships with leaders at USDA to ensure that the U.S cattle industry is top of mind in policy decisions made in D.C., and the industry’s..."

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Feb 4 8:35 AM, General News







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