Hot Barn Report

Today in world news, I mean beef industry news which is kinda like world news considering a big chunk of our beef packing industry is foreign owned. According to meatpoultry.com, JBS USA Beef in 2021, reported net revenue of $27.18 billion, which is up 25.3% from 2020. This news comes on the heels of Tyson boasting about their success last month in a CNBC article, “The average price for Tyson’s beef surged 31.7% in the quarter ended on Jan. 1, while the unit’s operating margins jumped to 19.1% from 13.2% a year ago. Overall sales for beef soared about 25% to $5 billion.” [READ MORE…]

US Senator Mike Rounds tweets Sen Chuck Grassley his concerns on the “Compromise Bill”, 50-14, fixing a broken cattle market, the war in Ukraine and National Ag Week. [READ MORE…]

THEE Hot Barn Report! Heard ONLY on American radio stations across the nation and online at hotbarnreport.com! [READ MORE…]

THEE Hot Barn Report! Heard ONLY on American radio stations across the nation and online at hotbarnreport.com! [READ MORE…]

To the unsuspecting, non-cattle owners, I’m sure it was easy to cheer along and maybe do a fist pump and say, “You go beef.” For myself, I think, “well that is weird, if exports are up and American beef is in such high demand, why is our fat cattle market so stagnant?” [READ MORE…]

THEE Hot Barn Report! Heard ONLY on American radio stations across the nation and online at hotbarnreport.com! [READ MORE…]

THEE Hot Barn Report! Heard ONLY on American radio stations across the nation and online at hotbarnreport.com! [READ MORE…]

Host Monte James interviews VP Frank Tomac of Independent Beef Association of North Dakota on today’s Hot Barn Report. [READ MORE…]

THEE Hot Barn Report! Heard ONLY on American radio stations across the nation and online at hotbarnreport.com! [READ MORE…]