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JBS Sinks Most Since 2009 on Report Former Shareholder Probed

JBS SA, the world’s largest beef producer, fell the most since 2009 after a report that former shareholder Grupo Bertin is involved in Brazil’s largest ever corruption scandal.

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Struggling with Pessimism Over Beef Markets

If our nation's consumers can limp along and hold this bedraggled economy to its walker, beef should have a chance to make that decent recovery.

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US Repeals Meat Labeling Law After Trade Rulings Against It

 U.S. consumers will now find it harder to learn where their beef or pork was born, raised and slaughtered.

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Saudi Arabia to Take 20% Stake in Brazil Beef Producer Minerva

Saudi Arabia agreed to take a 20 percent stake in Minerva SA in a transaction that will raise as much as 1.56 billion reais ($390 million) for one of Brazil’s largest beef producers and help it gain better access to markets in the Middle East.

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New Era Begins, Thanks to Fed and Argentina

“The bottom line is that we ended an era and started a new one,” said Jerry Gulke, president of the Gulke Group in Chicago, speaking on Farm Journal Radio with Pam Fretwell. “We’ve ended 10 years of zero interest rates. ... That rodeo is over.”

October Beef Exports Show Improvement, but Still Down Year-over-Year
October Beef Exports Show Improvement, but Still Down Year-over-Year

U.S. beef exports in October edged higher than they were in September, but were still down from a year ago.

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Canada Won't Budge on Tariff Threat Until U.S. Repeals Meat Rule

Canadian trade officials are not taking retaliatory tariffs off the table until the U.S. moves to repeal country-of-origin labeling requirements for meat.

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Congress to Repeal Meat-Label Rules to Stop $1 Billion Penalty

Congressional negotiators crafting a spending plan have agreed to a provision that would repeal country-of-origin labeling requirements for U.S. meat, an attempt to stave off $1 billion in Canadian and Mexican retaliation against American goods.

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First U.S. Cattle to Vietnam Since 2001

Ten registered American Red Brahman bulls found their new home at the Vietnamese National Breeding Center near Hanoi on Saturday, November 28. 

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U.S. Beef Ranked in Top 5 by Major Japanese Newspaper

According to research done by the Nikkei Marketing Journal (Nikkei MJ), an industrial newspaper, released on November 30, 2015, U.S. beef was ranked as the fifth best among 35 beef brands surveyed.

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Macri Eliminates Argentine Farm Export Taxes on Wheat, Corn

Argentine President Mauricio Macri carried through on a campaign pledge by eliminating export taxes on agricultural goods including beef, wheat and corn while cutting a tariff on soybeans by 5 percentage points.

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Cattle King's Ranch Down Under to Be Carved Up for Overseas Sale

One of Australia’s most iconic cattle companies, with ranches that span an area more than twice the size of Switzerland, is being broken up to clear the way for a foreign takeover,

Does Market Want Farmers, Ranchers to Cut Production?
Does Market Want Farmers, Ranchers to Cut Production?

“I have never seen livestock and grains in my lifetime as negative as they are right now,” said Jerry Gulke, president of the Gulke Group in Chicago and a farmer in Illinois, speaking with Farm Journal Radio after the report.

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Farming Flourishes Amid Brazil's Fiscal Mess

Financial and political turmoil that put Brazil on the brink of a depression also is contributing to one of the best years ever for domestic farmers.

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Some North Dakota Officials Want Meat-Labeling Rules Changed

The two groups that represent North Dakota's ranchers have different thoughts on whether Congress should change the "country of origin" meat-labeling rules or do away with them altogether.

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Mexico Pledges to Set $228 Million in Tariffs on U.S. Goods

Mexico has pledged to enact almost $228 million in punitive tariffs on U.S. apples, dairy, liquor and hygiene products, in retaliation for U.S. country-of-origin labels on packages of beef, pork and poultry.  

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US Faces $1 Billion in Trade Penalties for Meat Labels

The World Trade Organization ruled Monday that Canada and Mexico can slap more than $1 billion in tariffs on U.S. goods in retaliation for meat labeling rules it says discriminated against Mexican and Canadian livestock.

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Chairman Roberts: COOL Retaliation is Becoming a Realization

U.S. Senator Pat Roberts, R-Kan., Chairman of the Senate Committee on Agriculture, Nutrition and Forestry, today highlighted a World Trade Organization (WTO) decision authorizing Canada and Mexico to place tariffs on over $1 billion of American-made goods.   

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WTO Arbitration Panel Rules U.S. COOL Requirements Cost Canada and Mexico over $1 Billion Each Year

Today, the World Trade Organization’s (WTO) arbitration panel announced its final ruling that the United States’ Country of Origin Labeling (COOL) requirements for livestock and meat imports have cost our trading partners over $1 billion dollars.

Farm Cash Receipts Down in Kentucky, Economists Say
Farm Cash Receipts Down in Kentucky, Economists Say

Coming off a period of record cash receipts that boosted rural Kentucky, farmers are facing downward trends caused by lower commodity prices, sluggish exports and large stockpiles that are sowing declines in farm income, agricultural economists said Thursday.

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Record Canada Beef Prices Ready to Drop as Herd Sizes Climb

Canadians may soon pay less at the supermarket for steak.

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U.S. Beef Exports Struggle in September

U.S. beef exports endured the most difficult month in some time in September, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF), contractor to the beef checkoff.

Argentina Opens for Business at Last

Farmers across the fertile pampas are getting ready to empty silo bags of corn and soybeans after years of withholding part of their crop in anger over tax policies.

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JBS Posts Record Profit

JBS SA’s third-quarter profit more than tripled as a currency slump in the Brazil real boosted revenues at the world’s largest meat producer.

Cattle Outlook: Beef Exports Sink
Cattle Outlook: Beef Exports Sink

U.S. beef exports were down 24.9% in September compared to a year earlier with decreases in exports to all of our major foreign customers. 

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The Real Cattle Class: 747 Full of Cows Feeds China Beef Craving

China's building up their beef industry with cattle flown in from Australia.

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Tyson Tumbles After JPMorgan Rating Cut, WHO Cancer Judgment

Tyson Foods Inc., the largest U.S. meat producer, dropped the most in more than two months after JPMorgan Chase & Co. downgraded its rating on the stock and the World Health Organization said eating processed meat is a cancer hazard.

U.S. Meat Exports Disappointing in August
U.S. Meat Exports Disappointing in August

August beef exports totaled 185.5 million pounds, down 18 percent from a year ago.

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TPP Expected to Benefit the Iowa Beef Industry

The Iowa Cattlemen’s Association supports the conclusion of the Trans-Pacific Partnership (TPP) negotiations. 

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July Another Difficult Month for U.S. Meat Exports

Herd rebuilding limits exports, but will pay off in years to come.

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Bluegrass Beef Revival

As tobacco demand continues to fall, beef production has become more important to the Bluegrass State.

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Feeding the Dragon

Breaking down China’s market access wall could be profitable for beef producers

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In Hungry Venezuela, JBS Commands Market for Meat

For JBS, the Venezuelan market now has special significance. It has a $2.1 billion contract and provides almost half the meat and a quarter of the chicken eaten by 28 million carnivorous Venezuelans.

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Cattle Outlook: International Influence

International trade continues to be a drag on the U.S. beef market as the strong dollar and high U.S. beef prices make the U.S. an attractive market to sell into, but a less appealing place to buy from.  

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Farm Profits to Fall Second Consecutive Year

It will be a less profitable year for farmers as low grain, milk and hog prices cut into income, U.S. Department of Agriculture officials say.

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Customs and Border Protection Reins in Attempt to Smuggle 11lbs of Beef

Smuggler packaged meat as fish, nets $300 penalty.

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Japanese Journalists Get Look at U.S. Beef Industry

To gain insight into the U.S. beef industry and learn more about prevention of animal disease and foodborne illnesses, a team of Japanese technical journalists recently toured the U.S. beef industry.

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First-half Results Reflect Tough Business Climate for U.S. Meat Exports

Beef exports strong to Korea and Taiwan, but most markets lower year-over-year.

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Chicken War With U.S. Shows Free Trade Threat to Vietnam Farmers

Hanoi chicken farmer Nguyen Huu Tuyen blames inexpensive poultry imported from the U.S. for the loss of almost $14,000 this year.

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Cargill Sticks With Emerging Markets After First Loss Since 2001

Cargill Inc. said it’s still committed to its operations in emerging markets despite an economic slowdown that contributed to the agricultural-commodity producer and trader’s first quarterly loss in 14 years.

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Senator’s Solution Guarantees Trade War with Canada and Mexico

Fails to bring COOL law into compliance with international trade obligations.

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Ecuadorian Government Opens its Borders for the Import of U.S. Live Cattle

As a result of combined efforts on behalf of the American Brahman Breeders Association, USDA Foreign Agriculture Service, APHIS and other cooperatives a live cattle shipment from the United States to Ecuador was made on May 20, 2015.

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Chinese Billionaire Buys 1.7 Million Acre Australian Cattle Property

A Chinese billionaire purchased two cattle stations beside the Northern Territory-Queensland border in Australia for $34.62 million.

U.S. Beef Exports Sluggish in May
U.S. Beef Exports Sluggish in May

After an encouraging performance in April, exports of U.S. beef lost momentum in May.

Indonesia Cuts Live Cattle Import Quota in Blow to Australia

Australia’s live cattle shipments to Indonesia are set to plunge this quarter after the biggest buyer cut its import quota by 80 percent to rely more on domestic supply.

Cattle Outlook: Beef Exports Drop, Imports Up

Beef imports are up, while exports have fallen.

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It Does Not Matter Whether Your Steaks Are Canadian: Editorial

The latest international controversy is happening on your dinner plate. The question at issue: Do you have a right to know which country your steak came from?

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China: Potential Beef Consuming Giant

China looks to be an emerging market for beef consumption; however the U.S. still remains banned from exporting to the country.

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US Opening Market to Argentina, Brazil Beef Imports

Argentina and Brazil are greeting news that they will soon be able to export fresh beef into the United States after a longtime ban.

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Administration Places Politics Over Producers

Ruling from USDA APHIS risks the welfare of America’s cattle herd in exchange for political legacy.