INDUSTRY NEWS

Five directors were re-elected to the 2019-20 American Angus Association board of directors, as well as a president and chairman, and a vice president and vice chairman of the board, during the 136th Annual Convention of Delegates hosted at the 2019 Angus Convention in Reno, Nevada.

Boxed beef prices increased about 10% over the month of October into early November. This increase was significantly higher than the normal seasonal bump of less than 2% from October to November.

South Dakota senators introduce meat labeling bill

Sens. John Thune (R-South Dakota) and Mike Rounds (R-South Dakota) introduced the U.S. Beef Integrity Act on Oct. 30, a bill that would ensure the “Product of the USA” label only goes to beef and beef products exclusively derived from one or more animals born, raised and slaughtered in the U.S.

The USDA has suspended a proposed timeline phasing in Animal Disease Traceability Act (ADT) eartag requirements by 2023.

President Trump and Japanese Prime Minister Shinzo Abe officially finalized the much-anticipated limited U.S.-Japan trade agreement and its digital counterpart in a signing ceremony at the White House in early October.

The latest livestock and meat monthly trade data from the Economic Research Service (ERS) was released on Oct. 7 and included the month of August 2019 as the most recent data available.