Smaller Herd Fuels Higher Beef Prices

Argentines ate more beef than ever last year as prices lagged other staples, but now a shortage of livestock is driving up steak prices and raising the spectre of tougher government controls in the market. In the rambling pens at Buenos Aires’ main cattle market, traders say the recent rise in prices was long overdue



TV Ads Too Expensive In Hard Times

The high cost of advertising and a struggling U. S. beef industry have forced the popular “Beef, It’s What’s for Dinner” ads off television and it does not appear they will be returning any time soon, an industry official said Jan. 27. Voiced over the years by actors Robert Mitchum, James Garner and Sam Elliott,

Ethnic And Offshore Keys To Beef Demand

“Over time we select the ones that work and reject the ones that don’t.” – JAMES HERRING, TEXAS FEEDER Increasing demand for beef in both the domestic and export markets was a recurring theme at a panel on a future of the cattle industry at the National Cattlemen’s Beef Association here Jan. 28. “It always


Profits, Better Cattle Prices Seen In 2010

U. S. cattle producers will likely earn small profits in 2010 amid the smallest cattle herd in about 50 years, and that should mean higher cattle prices, Cattle-Fax analysts said Jan. 29. However, beef sales will remain weak as cash-strapped consumers continue to favour lower-priced foods like hamburgers and hotdogs over higher-priced T-bones and sirloins,

U. S. Cattle Herd At 51-Year Low

The cattle herd in the United States is at the smallest since 1959, a government report said Jan. 29, but the number was higher than trade estimates and still could weigh on prices. The U. S. Department of Agriculture’s semi-annual cattle inventory report pegged the U. S. herd at 93.7 million head as of Jan.



In Brief… – for Jan. 28, 2010

Unlicensed beef dealer fined: An Ontario beef dealer is on the hook for $15,000 after he was convicted last week of buying cattle in 2007 without a licence. Richard (Butch) Clare of Burford, Ont. was convicted at trial Oct. 9, along with two numbered Ontario companies, one of which operated under the name Butch Clare


Recession Slows Cattle Industry Recovery

“Until we see economic recovery, it’s going to be a challenge.” – SCOTT MCKINNON, CANFAX Canada’s long-suffering cattle producers, still smarting after BSE, may have to wait a little longer to start making money again. Cow-calf producers could start to see profitable margins by late fall. Feedlot operators may, too, depending on feed costs, said

U. S. Feedlot Cattle Supply Dips To Seven-Year Low

The number of cattle being fattened for the dining table on U. S. feedlots fell to their lowest level in seven years, but higher beef prices are still unlikely amid the sluggish economy, analysts said Jan. 22. The number of cattle placed at these feedlots in December fell to an 11-year low due to winter