Certified Angus Beef sales remain strong despite tight supply

Certified Angus Beef sold more than 1.2 billion pounds of beef globally during its 48th fiscal year. CAB says the numbers showcase continued consumer demand despite tight cattle supplies, elevated beef prices, and pressure on household budgets. Sales finished just under 1% below the previous year, but the brand recorded all-time highs in Certified Angus Beef Prime and value-added products. Prime sales increased more than 12% to a record 63.3 million pounds. Supply remained constrained as the U.S. cowherd continued to shrink. CAB-qualified cattle declined about 6% to 5.42 million head, though the acceptance rate rose slightly to nearly 38%. Prime production also increased about 7%, with 845,000 carcasses qualifying for the premium designation. CAB President John Stika says despite limited supply, record cattle values, and greater pressure on consumers, CAB partners continued creating value and delivering the consistent eating experience people trust. Foodservice sales rose nearly 2%, wh