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INDUSTRY NEWS

Read coverage of beef industry news and promotions for producers, operations and cattle organizations.

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U.S. red meat exports ended the first quarter on a very high note, according to data released by the USDA and compiled by the U.S. Meat Export Federation (USMEF), with March beef and pork exports each posting the highest monthly value on record.

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An animal rights-focused ballot initiative proposed for 2022 could essentially criminalize animal agriculture practices, including humane slaughter, artificial insemination (A.I.) and castration, creating what the initiative's sponsors term a “sanctuary state for animals.”

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Elanco and Ducks Unlimited recently announced a partnership emphasizing the strong bond between environmental sustainability and agriculture – specifically beef cattle production – across North America.

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The April USDA Cattle on Feed report requires careful interpretation. The typical year-to-year comparisons are mostly meaningless because of the pandemic disruptions affecting markets one year ago.

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After languishing for weeks at about $114 per hundredweight (cwt), the fed cattle market has sprung to life. Fed cattle prices hit $123-$124 in more Northern regions and closed the week at $121 in the Southern Plains.

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Cody Easterday, owner of Easterday Ranches Inc., pled guilty to defrauding (Tyson) and an unnamed company (Company 1) out of more than $244 million by charging them under various agreements for the purported costs of purchasing and feeding hundreds of thousands of cattle that did not actually exist.

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