As drought deteriorates across the U.S., it's a positive signal for growing a big crop in 2024. And analysts say if weather continues to fuel this year's crop, December corn futures could fall into the $3 range by fall.
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.
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.
“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.”
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.
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.
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.
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.
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,
“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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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?