Long-Range Overview of the Beef Industry
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Suggested Lead: With an economy that’s facing rising fuel prices, a poor housing market and food inflation, how do producers impact the price consumers will pay for quality beef products at the grocery store? Tom Ramey, Cattlemen’s Beef Board (CBB) chief operating officer, addressed a group of producers at the recent summer cattle industry conference, to try to answer those questions. Following the fiscal year 2009 planning process, Ramey gave an update on two main goals for the industry in order to help increase beef demand...tape.
Ramey also put into perspective the purchasing power of the beef checkoff dollar today. As leadership decides the priorities and what programs to fund for the coming years, the decisions continue to get harder and harder...tape.
For more information about beef checkoff-funded programs, visit www dot my beef checkoff dot com (www.MyBeefCheckoff.com).
The Beef Checkoff Program was established as part of the 1985 Farm Bill. The checkoff assesses $1 per head on the sale of live domestic and imported cattle, in addition to a comparable assessment on imported beef and beef products. States retain up to 50 cents on the dollar and forward the other 50 cents per head to the Cattlemen’s Beef Promotion and Research Board, which administers the national checkoff program, subject to USDA approval.
Funded by the Beef Checkoff.
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