Agricultural News
Cattle Producers Get Premium Paychecks From Certified Angus Beef
Thu, 24 Feb 2011 11:11:30 CST
There are currently more than 30 "Angus" branded beef programs monitored by the USDA, but the Certified Angus Beef brand is the only one owned by the American Angus Association and its members.
Since 1998, packers have paid producers more than $250 million in direct grid premiums related to CAB acceptance. Packers also have been the only source of funding for Certified Angus Beef LLC, paying only pennies per pound to use the CAB brand on carcasses meeting the specifications.
By reinvesting dollars in the program, we have been able to leverage $5 per head in fees from licensed packers into more than $40 per head premium that those CAB-licensed packers pay to the producers of Angus cattle accepted for the brand.
On Today's Beef Buzz, we talk about the Certified Angus Beef program from a cow calf perspective with Gary Fike of the CAB office in Manhattan, Kansas. We talk about how a producer lines up his cattle to qualify for the CAB premiums.
The Beef Buzz is a regular feature heard on radio stations around the state on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the listen bar below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
WebReadyTM Powered by WireReady® NSI
Top Agricultural News
More Headlines...
