CAB Premiums Reach $300M

CAB Premiums Reach $300M

KTIC

Cumulative grid premium rewards for hitting the Certified Angus Beef® (CAB®) brand target stood at nearly $300 million at the end of last year, and they keep growing at an annual rate of about $25 million paid to producers. That’s the five-year average according to a January 2010 survey; the second-highest total for that span was 2008, with $25.5 million in premiums reported.

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