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Drought Management Tips & Tricks & Cattle Industry News

Drought Management Tips & Tricks & Cattle Industry News

Season 6 Episode 289 Published 3 months, 3 weeks ago
Description

It’s The Ranch It Up Radio Show! Join Jeff Tigger Erhardt, Rebecca Wanner AKA BEC and their crew as they hear tips and tricks to manage drought and available summer grass.  Plus updates on beef exports, Tyson’s Multi Million Dollar Beef Settlement Update, market recaps and lots more wrapped into this all-new episode of the Ranch It Up Radio Show. Be sure to subscribe on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel.

Managing Cattle & Grass In A Drought

It is that time of year that many producers are moving cattle to summer grazing.  But drought is plaguing many and it continues to worsen.  According to drought.gov, as of May 5th, 60.92% of the country is experiencing moderate to exceptional drought, largely concentrated in the Southeast, High Plains, and West. There are strategies for managing drought, or I should say how we manage grass and forage uptake in the cowherd to get through drought.  Trevor Burian from Killdeer North Dakota joins us today.  Trevor has been a student of grazing, plant management, regenerative ag, and cattle efficiency and profitability his entire life.

Cattle Industry News Tyson’s Multi-Million-Dollar Beef Settlement

A federal judge granted preliminary approval to a proposed $47 million class action settlement between Tyson Foods and commercial and institutional indirect purchaser plaintiffs in the ongoing cattle and beef antitrust litigation.

An order filed in the middle of last week approved preliminary certification of a settlement class covering entities in the United States that indirectly purchased certain raw beef products sold by defendants between Jan. 1, 2015, and May 6, 2026, for use in commercial food preparation. 

The settlement involves Tyson Foods Inc. and Tyson Fresh Meats Inc. Tyson did not oppose the motion for preliminary approval.

The plaintiffs in the case include restaurants, catering companies and other foodservice operators alleging anticompetitive conduct in the fed cattle and beef markets.

The approval comes on the heels of the DOJ’s doubling down on an ongoing investigation into Tyson, JBS, National Beef and Cargill. The DOJ and USDA Secretary Brooke Rollins accused the “Big Four” of colluding to artificially raise beef prices.

REFERENCE: 

https://meatingplace.com/tysons-multi-million-dollar-beef-settlement-gets-initial-approval/?utm_source=omeda&utm_medium=email&utm_cid=1103020073&utm_campaign=MTGMCD260510014&utm_date=20260511-0300

Beef Exports

U.S. beef exports declined in March as shipments to China remained largely stalled, though strong variety meat demand helped push export value for those products to a record high, according to data released by USDA and compiled by the U.S. Meat Export Federation.

March beef exports were down 11% from a year ago, while export value fell 8%. Shipments increased year-over-year to Mexico, Central and South America, the Caribbean and Indonesia, while exports to South Korea and Taiwan were steady. However, exports to China remained minimal and shipments also trailed year-ago levels to Japan and the Middle East.

Excluding China, March beef export volume increased 4% from a year ago while value climbed 8%.

REFERENCE: 

https://meatingplace.com/beef-exports-pressured-by-china-absence-variety-meat-value-hits-record/?utm_source=omeda&utm_medium=email&utm_cid=1103020073&utm_campaign=MTGMCD260506020&utm_d

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