The one thing certain in commodity markets is ambiguity. Ag Resource Company president Dan Basse, however, provided a bit of clarity and foresight at the Certified Angus Beef (CAB) brand's Feeding Quality Forum recently in Sioux City, Iowa.
Growth in the global and domestic beef cattle herd also means supply is on the upswing and the beef industry is gaining momentum through cattle prices.
In looking at the last 12 months of U.S. Department of Agriculture (USDA) Food Safety and Inspection Service (FSIS) recall data, we noticed some definite trends.
Continuing to overcome a number of difficult challenges during the past few years has resulted in positive production increases for the chicken industry.
Lower sheep inventory has translated to steady to lower domestic production year-to-year, yet increasing import volume has led to higher domestic lamb availability. While lamb supplies increase, demand remains strong.