Certified Angus Beef Premiums at Seven Year High

Certified Angus Beef Premiums at Seven Year High

AgriMarketing

Demand for the Certified Angus Beef ® (CAB®) brand surged higher in 2011, which helps explain a 40% jump in packer-reported CAB grid premiums. Licensed packers paid owners of CAB-accepted finished cattle $32.3 million last year, compared to almost $23 million in 2010, according to February reports. That does not include related premiums paid for Choice and Prime grades.

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