North Dakota Natural Beef Collapse Leaves Suppliers With A Loss

January 8, 2013 Mikkel Pates, Agweek

Gayne Gasal says he’s “more than ticked” that he’s taking a $65,000 loss on the failure of North Dakota Natural Beef LLC, the company once entwined with North American Bison Cooperative LLC of New Rockford, N.D.

National Pork Board To Meet With Texas Pork Producers

January 7, 2013 National Pork Board

The National Pork Board travels this week to Texas, where more than one of every three residents is of Hispanic descent, to explore opportunities to market more pork to the growing Hispanic population in the United States.

AMIF Releases 2012 Year In Review

January 7, 2013 The American Meat Institute

The American Meat Institute Foundation (AMIF) has released a Year in Review that details the significant accomplishments of the organization over the past year. AMIF is a non-profit research, education, and information foundation established by the American Meat Institute (AMI).

Higher Corn Prices Hit Stores, Chicken Farms

ATLANTA — On Nov. 11, the Desert Condor steamed into the port of Brunswick and unloaded 40,000 tons of Brazilian corn — the first time corn has ever been imported into Georgia. The ship's arrival, followed a month later by the Genco Predator, underscores how last summer's severe Midwestern drought sent prices skyrocketing and hurt industries — North Georgia poultry, in particular — that use corn as a raw material. Chicken growers, producers, retailers and consumers suffered the higher prices.

Live Cattle Futures End Mixed After Fiscal Deal

January 4, 2013 Theopolis Waters, Reuters

CME live cattle ended narrowly mixed on Wednesday, with uneasiness about futures' premium to last week's cash cattle prices eroding morning gains fueled by the U.S. fiscal deal, analysts and traders said. The price for wholesale choice beef Wednesday morning was $194.01 per cwt, down 14 cents from Monday, and select cuts jumped $1.40 to $182.45, according to the U.S. Department of Agriculture.