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Tag Archives: beef

PINK SLIME SUIT SETTLED

ABC News and Beef Products Inc. (BPI) reached a settlement today in a $5.7 billion lawsuit that claimed a story ABC ran in 2012 misled viewers and caused BPI to lay off hundreds of workers. ABC said it had reached an “amicable resolution” with BPI; BPI said the settlement “vindicates” the company and its production… read more

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RANCHERS SUE USDA

A group of U.S. ranchers Monday filed a suit against the USDA, seeking to force meat from other countries to again be labeled as such. The lawsuit seeks to overturn a March 2016 decision by the USDA to revoke regulations requiring imported meat products to be labeled with their country of origin. That change allowed… read more

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NEW IBA PRESIDENT SEEKS TO EXPAND MARKET OPPORTUNITIES

Joni Bucher, a fourth-generation cattle farmer from McDonough County, was elected president of the Illinois Beef Association last week at the group’s annual meeting in Quincy. And she didn’t hesitate when asked about her priorities in the leadership role: “We’re definitely focused on trade and working with legislators to expand our opportunities.” (FarmWeekNow.com)

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#CHINA DEAL GOOD FOR #BEEF EXPORTS; VOLATILITY REMAINS

The U.S. and China finalized protocol to allow American beef into China for the first time since 2003. Shipments will resume by July 16 at the latest. Meanwhile, beef supplies are short in advance of Independence Day, and production margins have swung to profitable levels. But extreme volatility in the cattle market still concerns the… read more

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PINK SLIME DEFAMATION TRIAL TO BEGIN

Jury selection starts today in a more than $1 billion defamation case over ABC’s news reports on Beef Products Inc.’s (BPI) lean, finely textured beef product. BPI sued ABC in 2012 saying the network’s coverage of its product, dubbed “pink slime,” misled consumers into believing the product is unsafe, and led to the closures of… read more

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COWBOYS GOING HIGH-TECH

Cattlemen in Western feedlots are using new ‘smart’ ear tags to monitor movements and feeding patterns of cattle in an effort to track early signs of sickness. With low cattle prices pinching ranchers’ profits, developers of the new tags believe they can save feedlots money on drugs like antibiotics and avoid treating healthy cattle. (Wall… read more

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CHICKEN CONSUMPTION UP

USDA’s Economic Research Service says 57.7 pounds of chicken per person on a boneless, edible basis were available for Americans to eat in 2013, compared to 53.6 pounds of beef and 43.4 pounds of pork. 

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BEEF CHECKOFF

The Cattlemen’s Beef Board will invest about $42 million into programs in fiscal year 2016, pending USDA and full Beef Board approval. Of the total, $9 million will be spent for promotion programs, including continuation of the checkoff’s consumer digital advertising program, as well as veal promotion.

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NATURAL BEEF

Today’s Wall Street Journal says sky-high prices for cattle and beef are breeding reluctance among some ranchers to switch to natural or organic varieties. Article highlights the difficulty that burger chains are having sourcing non-traditional beef.

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BEEF DEMAND

A new Kansas State fact sheet on beef demand finds Millennials place much higher importance on preparation knowledge, time and ease while shoppers over 65 years of age place much more importance on price and appearance.  

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