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DESPITE PANDEMIC INDUCED SUPPLY CHAIN ISSUES, CERTIFIED ANGUS BEEF REPORTS 2ND BEST SALES YEAR
Oct. 24, 2022
Certified Angus Beef program reports:
At the conclusion of our fiscal year, it's exciting to report the rebuilding of Certified Angus Beef (CAB)-brand product sales following two challenging supply years.
The brand recorded the second-largest-ever sales volume in fiscal 2022, with total sales culminating in 1.234 billion pounds (lb.), a 1.6% increase on the prior year. The sum was narrowly below the brand's 2019 record 1.25 billion lb. sold.
Total cattle supply improvement offered a helping hand with CAB-licensed packers identifying 16.38 million fed cattle eligible for the brand. That's 70% of steers and heifers meeting the Angus-type live animal requirement, 1.7% more cattle than a year ago.
To read the entire report click here.
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