Value to Fed Cattle
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With 95 percent of the global population outside of the U.S., the checkoff promotes U.S. beef in more than 80 countries worldwide. Results in 2013 continue to be impressive, with U.S. beef exports during the first 10 months of the year up 11.7 percent in value and about 4.1 percent in volume compared to 2012. In the end, exports are adding about $251 in value per head of fed slaughter – up from about $227 in 2012. Get details here.
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.