cows walking

In the black

Even without an extensive business background, it’s pretty well understood that red in a listing of fiscal year numbers is generally not a good thing.

Why then, at full Certified Angus Beef LLC (CAB) staff meetings last week, were we excited when we saw a slide that started out like this?

Of course, we aren’t thrilled that the nation’s cowherd has seen such a severe decrease in numbers over the past few years or that beef supplies will have to tighten before they increase.

But in spite of that big red -2.5%, we were excited. Because the rest of the chart looked something like this:

Increasing cattle identified, certified and sold as Certified Angus Beef ®.

What do those numbers mean to us?

“We have more Angus genetics than there have ever been, and they’re more predictable and more focused on making CAB than ever before,” John told the 117 or so of my fellow employees who had gathered to hear about the state of the brand, among other topics.

What do those numbers mean to you?

“I’m as confident in the value proposition that our brand offers than I’ve ever been,” he said. “That’s not based on opinion, but just look at what we see in the market.”

Looking back, we see seven “best ever” sales years in a row. We recently reported that packers have paid nearly $50 million per year in grid premiums for the CAB brand alone. We see people all along the beef chain who are not just willing to pay more, but who ARE paying more to either offer or enjoy a predictable, tender, packed-with-flavor beef.

“That kind of economic signal is real,” John said.

That ought to get you excited, too, if you’re with us on this quality beef production team.

May your bottom line be filled with black ink,

Miranda

You may also like

Success, Despite Challenges

Success, Despite Challenges

Today’s market is complex and competitive. The collective effort of stakeholders across the supply chain positions Certified Angus Beef to meet the record demand for premium beef moving forward. Signals across the beef industry are clear and Angus farmers and ranchers seeking high-quality genetics that deliver premium beef are producing a product in high demand.

Keep the Supply Coming

Keep the Supply Coming

A record-high 800 registrants from 17 countries gathered in Austin, Texas, to learn more about CAB, become inspired by the culinary work of chefs and pitmasters, and celebrate sales and production success. But at the forefront: supply and demand, a reflection of the chaotic past year, and preparing for what’s ahead.

Consumer Demand, Power of Quality

Consumer Demand, Power of Quality

Demand for high-quality beef persists. But with that demand comes challenges. From tight cattle supplies to higher costs and increasing pressure on retailers to deliver a consistent eating experience, the pressure is on. David O’Diam, CAB VP of retail, addressed the current retail beef environment, highlighting both opportunities and challenges in today’s marketplace.