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The Livestock Mandatory Reporting Act of 1999 (Title IX of the FY2000 USDA appropriations act (P.L. 106-78)) requires large packers and importers to report to USDA the details of all transactions involving purchases of livestock and imported boxed lamb cuts, and the details of all transactions involving domestic and export sales of boxed beef cuts, sales of domestic and imported boxed lamb ...
The price of beef and veal grew 1.9% year over year but fell 1.1% month over month, the biggest monthly decline since June of 2022. A pound of 100% ground beef chuck cost $5.59 in October, a penny ...
Meat prices are currently 7.5% higher than this time last year. The country's cattle inventory is shrinking and has been for a while. In its third straight yearly drop, the latest cattle report by ...
The return of the bird flu is throwing a wrench in egg and poultry prices. Nationally, a dozen large Grade A eggs cost $4.15 in December, compared to $3.65 in November and $2.52 at the start of 2024.
National Beef is the U.S.'s fourth largest beef processor, with sales exceeding $7 billion annually. [15] National Beef products are available to national and regional retailers, including supermarket chains, independent grocers, club stores, wholesalers and distributors, foodservice providers and distributors, further processors and the U.S. military. [16]
Iowa Beef Processors, Inc., later became IBP, Inc. Occidental Petroleum owned IBP from 1981 to 1987, and was the majority owner from 1987 to 1991. [2] [3] [a] IBP was acquired by Tyson Foods in 2001 for US$3.2 billion in cash and stock. [8] Tyson continues to use the IBP name as a brand for its commodity beef and pork products. [9]