ANGUS BEEF BULLETIN EXTRA

November 22, 2022 | Vol. 15 : No. 11

Marketing


CAB fiscal year

CAB Takes Fine Dining to New Heights to Connect With Consumers

Angus rancher Ty Walter joins entertainer Joel McHale in a fine-dining experience at 8,500 feet.

With market swings and unpredictable weather, ranching can sometimes feel like an adventure, but rock climbing to a ledge 100 feet high for a fine-dining experience with a celebrity? Only Colorado Angus rancher Ty Walter can say he’s done that.


The Link

Black Friday for bulls.

Black Friday — you either love it or you hate it. Some people look at bull purchasing and selection about the same as Black Friday shopping. Where is the best deal that doesn’t take too much of my time to find?

September Pork Exports Continue Upward Trend; Pace Cools for Beef

2022 beef export value trails only 2021’s record-setting numbers.

U.S. pork exports topped year-ago totals for the second consecutive month in September, according to data released by USDA and compiled by the U.S. Meat Export Federation. September beef exports were below last year for the first time in 2022, but exports remain on a record pace through the first three quarters of the year.



November 8, 2022 | Vol. 15 : No. 11

Cattlemen Remain Committed to Quality

Certified Angus Beef closes the 2022 fiscal year on a high note.

With ranchers continuing to produce high-quality beef at notable levels and consumer demand staying strong, Certified Angus Beef closed its books on the second-highest sales year of record.



Market Closeout

You have one boss.

It is often said if you set aside God and your spouse, you have only one true boss — the customer. In most successful businesses, the focus is overwhelmingly on creating more value for the customer. In the cattle industry, however, this has always been a bit more difficult to conceptualize. Commercial cattlemen rarely know who their customer is going to be. In fact, in many instances they have no direct contact with that customer before or after the sale.

In The Cattle Markets

October Cattle on Feed report assessment.

The USDA Cattle on Feed report released Oct. 21 appears to be neutral with evidence of the smaller numbers ahead. Placements were softer and were exactly as anticipated. Pre-report expectations anticipated placements would be 96.2% of last year’s with a range of 91.8% to 99.0%. Actual placements of 2.080 million head during the month of September were 96.2% of the prior year. The futures market reacted sharply higher on Monday, Oct. 24, but the main strength in the up move was in the nearby — as opposed to the deferred — contracts.