NEWS

For March 2022, the annual forecast for commercial beef production was raised 195 million pounds to 27.57 billion pounds from the previous month, on stronger expected non-fed and fed cattle slaughter.

Sens. Chuck Grassley (R-Iowa), Deb Fischer (R-Nebraska), Jon Tester (D-Montana) and Ron Wyden (D-Oregon) released on March 28 an updated version of the Cattle Price Discovery and Transparency Act, first introduced in November 2021.

Methods of marketing and selling cattle are one of the key facets of the debate surrounding price discovery and market transparency. 

Following the April USDA report highlighting an increase in Brazilian beef imports, the National Cattlemen’s Beef Association (NCBA) renewed its call for the immediate suspension of fresh beef imports from Brazil.

The recent USDA Foreign Agricultural Service bulletin on Livestock and Poultry: World Markets and Trade provides a current summary of the major beef-consuming and importing countries in the world.