Certified Angus Beef® (CAB) recorded sales of more than 584 million lbs., the highest mark in its 29-year history, and annual brand sales topped $2.5 billion, for the fiscal year ended Sept. 30, CAB reports. That's the eighth consecutive year of annual sales volumes greater than 500 million lbs.
A record 13.5 million identified Angus-influenced cattle saw an acceptance rate of 16%, for a net 2.15 million certified cattle with an average carcass weight of 808 lbs. In addition:
CAB Natural increased 180%, with sales at 7.7 million lbs.
CAB Prime garnered a 23% increase at 6.4 million lbs.
Food service recorded a third-consecutive record sales year with 12% growth, moving past the 200-million-lb. mark.
International sales increased nearly 40% to 51 million lbs.