CAB Market Report
Stay on top of the high-quality beat with these segments. From beef sales trends to grid nuances, CAB experts from across the company discuss how the market matters to you.
Adding Value Across the Carcass
The brand’s Vice President of International Geof Bednar shares how the brand adds value across the entire beef carcass. Consumer perspective about the beef carcass is changing. They want high-quality beef and the Certified Angus Beef ® brand delivers.
Geof Bednar, the brand’s Vice President of International, shares an update about the global beef market. While over 12% of U.S. beef is exported, nearly 17% of CAB product is shipped overseas. As of fall 2019, the top brand export markets are Canada, Japan, South Korea, Mexico and Hong Kong. Yet it makes its way into more than 50 countries across the globe.
Driving Brand Premiums
The brand’s Executive Vice President of Business Analysis Steve Ringle shares the difference between foodservice and retail. While foodservice is strong, steady and growing, retail is king at moving pounds.
Ideal Quality Grade
Certified Angus Beef LLC president John Stika says the ideal quality grade mix is driven by consumers and met by cattlemen. We haven’t quite reached the ceiling and more high-quality beef is what meat eaters crave.