Trends: Thanksgiving Prices, Brazilian Beef, Market Reform

Your roundup of trending Thanksgiving headlines should give you plenty to discuss with your loved ones after your meal is over! Find out what’s going on in the beef industry this week and let me know what you think!

Happy Thanksgiving from my ranch to yours!

1. “Tester and DeLauro Keep Pressure on USDA to Suspend Brazilian Beef Exports” by Dan Flynn for Food Safety News

Flynn writes, “Two powerful Democrats, one from the House and one from the Senate, want to suspend beef exports from Brazil to the United States and are ready to do it with legislation.

“And although it seems a long time ago, the latest USDA on-site equivalency verification audit targeted Brazil from January 13 to 24, 2020. The final audit report, certifying that Brazilian beef is as safe as America’s, went public on February 20, 2020.

“However, support for the suspension of Brazilian beef exports led by US beef producers is increasing.”

2. “Retail beef prices are up 33% from last year” by Jeff Swenson for The Wisconsin Farmer

Swenson writes: “Retail beef prices increased every month of 2021 and set a record for the third consecutive month in October at $ 7.90 / pound. That’s a 33 percent increase from last year.

“Retail pork prices have also increased each month and averaged $ 4.82 / pound in October. Thanksgiving turkeys are also more expensive this year. The average price of fresh whole turkeys and frozen whole turkeys is $ 1.44 per pound and $ 1.35 per pound, respectively.

“These are all time highs, according to the USDA. The rise in food prices comes at a time when the consumer confidence index posted the lowest reading in a decade. “

3. “Rising Food Prices Means Thanksgiving Is Going To Cost You More” by CBS Miami

According to the article, “Prices for just about everything are on the rise, including food. That means Thanksgiving dinner is going to cost more. The American Farm Bureau Federation said a classic Thanksgiving feast for 10 people, including turkey, stuffing, cranberries, veggies, and pumpkin pie, will cost $ 53.31 to make. This is an increase of 14% from last year.

4. “R-CALF USA Calls Livestock Market Reform Bill a Long-Awaited ‘Quick Solution'” by R-CALF USA for North Texas e-News

“This complete and much-needed overhaul of the systematically shattered livestock market, along with its worker-related reforms, elevates the new law to that of the 2021 version of the century-old law on packers and ranchers, which livestock sorely need. producers, workers and consumers, ”said Bill Bullard, CEO of R-CALF USA. “We strongly encourage every cattle farmer to carefully read the new law and support it as the preferred substitute for the recently compromised cash market protection bill, S.3229, which now does not propose any meaningful reform of the law. market structure. “

Amanda Radke’s opinions are not necessarily those of or Farm Progress.