Beef
Ten more meat and poultry companies have adopted USDA’s voluntary label for products sourced entirely in the United States.
USDA is reviewing grading standards to determine whether current quality grades continue to distinguish premium beef.
The NCBA says the Senate Farm Bill strengthens key cattle programs but leaves Proposition 12 and year-round E15 unresolved while officials respond to New World screwworm cases.
Most agricultural imports are consumer-ready foods, including fruits, vegetables, coffee, beverages, and products that supplement domestic supplies or provide year-round availability.
USDA’s July WASDE report projects the smallest U.S. wheat crop since 1970, tighter corn stocks, stronger soybean exports, larger cotton supplies, and higher cattle prices.
USDA adjusted accumulated beef exports down by nearly 114,000 metric tons, stating those exports were reported in error.
Dry conditions, tight cattle supplies and border challenges continue to shape the outlook for the U.S. beef industry.
Cattle futures eased as traders weighed inflation and consumer demand, while robust auction activity under tight herd supplies and new export opportunities continued to support the beef outlook.
Beef-on-dairy and longer feeding periods are helping producers navigate historically small herd sizes.
Weekly USDA export data showed beef leading the way as corn stayed strong and soybean sales weakened.