Latest News From MARKETS

USMEF_Wyoming_Tour
Wyoming Included in Japanese Food Writers' US Beef Tour

Food writers from Japan are getting a taste of how beef is raised and eaten in the U.S. as part of a tour that included a 112-year-old Wyoming ranch.

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Irish Beef: Delicious, Disease-Free Import Steaks

Beef from Ireland is making it's way across the Atlantic to the U.S. for the first time in nearly 20 years.

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My Beef with Europe

U.S. beef hasn't been traded to the European Union for more than two decades and the quality of beef isn't quite up to snuff.

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McDonald’s Supplier Jumps 9% as Unit Sale Lifts Brazilian Stocks

The Brazilian supplier of meat to McDonald’s Corp. and Burger King Worldwide Inc. led gains in the Ibovespa after selling its U.K. unit for about $1.5 billion.

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Beef King JBS Buys U.K. Unit for $1.5 Billion

Marfrig Global Foods SA bonds and shares soared after JBS SA agreed to buy its unit in the U.K. for about $1.5 billion to extend its push into processed foods.

French Cattle Ranchers Protest Shrinking Exports, Falling Prices
French Cattle Ranchers Protest Shrinking Exports, Falling Prices

Squeezed by 16 months of falling prices and a shrinking export market, French cattle ranchers turned to protests this week at 18 slaughterhouses around the country.

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Cattle Lower After Holiday Beef Blahs

The official start of the summer grilling season launched with a thud. Beef demand remains good, but the expected bump from Memorial Day weekend was doused by heavy rains and beef’s high retail price in comparison to pork and poultry.

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Brookfield Said to Raise $300 Million for Brazil Farmland Fund

Brookfield Asset Management Inc., Canada’s largest alternative asset manager, reportedly has raised $300 million for a new agricultural fund targeting Brazilian farmland.

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Beef Seen Declining by ANZ as Australia Defies Trend on Drought

Global beef prices may decline on rising U.S. pork and poultry supply and on signs that demand from some emerging markets is weakening, Australia & New Zealand Banking Group Ltd. said.

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As Latin America Grows, Agricultural Land Expansion Slows

But a new study of satellite imagery from Latin America suggests the rate of that growth may be downshifting.

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House Ag Committee Votes To Repeal COOL

The first steps to repealing America’s country of origin labeling (COOL) laws were taken Wednesday as the House Agriculture Committee voted 38-6 in favor of a bill that would eliminate labeling requirements for beef, pork and chicken.

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Brazilian Meatpackers Soar After China Lifts Beef Embargo

JBS SA, the world’s largest meat producer, surged after China officially removed an embargo on beef imports from Brazil, the world’s biggest beef exporter. Marfrig Global Foods SA and Minerva SA also posted strong gains.

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March Beef Exports Show Positive Momentum

Though down slightly from February 2015, the value of U.S. beef exports in March -- at $527.3 million in -- was up 2 percent year-on-year.

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Shoppers Could Have Difficulty Finding Meat's Origin

Though the ruling went against the U.S., it's a victory for the U.S. meat industry, which has said the labels are costly because of segregation of livestock and record keeping.

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Strength of the U.S. Dollar and Beef Exports

In recent months the U.S. dollar has been gaining strength.

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WTO's Final Answer: No COOL

The U.S. has lost its final appeal with the World Trade Organization (WTO) over country of origin labeling (COOL) laws for meat products. Monday’s ruling, the fourth with the same decision from the WTO, opens the gate for Canada and Mexico to initiate trade sanctions against the U.S.

COOL Ruling Could Have Major Consequences for U.S. Exports
COOL Ruling Could Have Major Consequences for U.S. Exports

Pork and beef exports could be negatively impacted as it relates to an impending country-of-origin labeling ruling.

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COOL Retaliation and its Impact on the U.S.

The World Trade Organization (WTO) Appellate Body will soon rule on Canada and Mexico’s case against the U.S. on the mandatory Country of Origin Label (COOL) requirement on muscle cuts of beef and pork.

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Cattle Outlook: Exports Continue to Drop

U.S. beef exports were down 6.6% in March. It was the sixth consecutive month with exports lower than last year.

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Tyson Foods Says Bird Flu’s Primary Effect Is Lost Export Sales

Tyson Foods Inc., the largest U.S. chicken processor, said the primary effect of the current avian influenza outbreak has been lost export sales and that the company can cope with the resulting change in poultry supplies.

mcdonalds
Is It Too Late for McDonald’s to Save Itself?

There once was a time when McDonald’s was just a restaurant. “Billions” weren’t part of the brand or the plan or the problem.

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February Beef Exports Bounce Back

While still impacted by severe congestion in West Coast ports, February exports of U.S. beef bounced back to some degree from the totals posted in January.

India Cattle Shelter
India's Die-hard Hindus Push to Ban Beef in Blow to Poor

Beef is far cheaper than most meat in India, often just half the price of chicken, making it a key food for people struggling with poverty.

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USCA Comments on USDA Announcement: Expansion of Trade with Mexico

USDA Secretary Tom Vilsack announced that an agreement has been reached with the two countries that will allow greater access of U.S. beef and pork products to the region.

Kidman_Australia
New Jersey-Sized Ranch for Sale Down Under as Kidman Sells

One of the world's largest ranches and 155,000 cattle are up for sale.

Meat Processor Sentenced to 30 Months for Horse Meat Fraud

A Dutch court has sentenced a meat processor to 30 months imprisonment for a massive fraud operation in which he illicitly sold horse meat as more expensive beef.

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Vietnam Removes Restrictions on U.S. Beef

Vietnam recently removed all cattle age and product restrictions on U.S. beef and beef products, provided these items are derived from cattle slaughtered on or after March 27.

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U.S., Japan Seek Trade Deal in Advance of Abe Washington Visit

Important ag customer Japan and the United States are trying to come to terms on a trade agreement before Shinzo Abe arrives in Washington. If successful, U.S. producers could see lower tariffs on their goods.

BT_Australian_Beef
Australian Drought Provides Supply to a Tight Global Market

According to the latest Rabobank Beef Quarterly report, herd liquidation in Australia cannot continue at the high rates seen through 2013 and 2014, and without any global beef expansion forecast in the short term, global supplies are expected to remain tight.

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Burger King Brings Back Chicken Fries Again, This Time for Good

With beef prices likely to be strong for some time to come, fast food outlets are heating up their fight for chicken sales.

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Mumbai Beef Ban Sat for Decades Until Vegetarian Modi Acted

Residents of India’s financial capital could be forgiven for wondering how they suddenly face five years in prison for eating beef.

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Brazilian Meat Exporters Lose Demand Base

Low oil prices have hammered demand in countries where Brazil typically sells beef.

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India’s Beef Boom Threatened as Old Tensions Flare

As a centuries-old dispute over beef intensifies in India, cattle transporter Shafiullah Mohammad Sharif Shah is caught in the middle.

Farmers Say Venezuelan Cow Smuggling Bars Colombia Beef From U.S
Farmers Say Venezuelan Cow Smuggling Bars Colombia Beef From U.S

Colombian beef producers remain shut out of the U.S. market at a time of record prices as the porous border with Venezuela compromises efforts to control cattle disease, according to Colombia’s cattle farmers federation.

BT_Australian_Beef
Australian Beef Exports Seen Dropping as Slaughter Rate Declines

Beef and veal shipments from Australia, the third-biggest exporter, are set to decline as better seasonal conditions reduce cattle slaughter, the government said.

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New Value Record for U.S. Beef Exports

Export value for U.S. beef set a new record in 2014, posting double-digit gains over the previous year’s totals, according to statistics released by USDA and compiled by the U.S. Meat Export Federation, a contractor to the beef checkoff.

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CCA Statement on BSE in a Beef Cow in Alberta

The finding of a case of BSE in beef cow in Alberta, while unfortunate, demonstrates the robustness of the National BSE Surveillance Program Canada has in place.

U.K., Netherlands May Soon Gain U.S. Approval on Beef
U.K., Netherlands May Soon Gain U.S. Approval on Beef

The U.K., the Netherlands and Lithuania may be the next European Union countries to win access to the U.S. beef market, EU Agriculture Commissioner Phil Hogan said as he prepared for four days of talks in Washington.

COOL Still Hot Topic in Beef Industry

Country of Origin Labeling remains an item of contention in the beef industry as the World Trade Organization and Congress have yet reach an agreement on the program.

WASDE: Beef Production Increases From Last Month

Beef production is looking to increase from original projections, while exports are dropping off a bit.

West Coast Disputes Impact on Cattle Industry
West Coast Disputes Impact on Cattle Industry

The port labor dispute is getting plenty of attention at the Cattle Industry Convention.

Profits Projected to Rise for Poultry, Pork and Beef Producers, Down for Row Crop Farmers

Livestock sector projected to see continued profits, while row crop producers can expect another down year.

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New Study on COOL Shows No Harm

A new study shows that Country of Origin Labeling (COOL) has not adversely affected trade with Canada and Mexico.

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Cattle Outlook: Port Problems

Slowdown at ports causing problems for beef export.

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Cattlemen Urge Renewal of Trade Promotion Authority

As trade negotiators meet again this week, the National Cattlemen’s Beef Association urges the renewal of Trade Promotion Authority.

Brazil Looks to Maintain Russia Beef Sales Gained by Putin Ban
Brazil Looks to Maintain Russia Beef Sales Gained by Putin Ban

Brazil, the world’s biggest meat exporter, is working on preserving its increased market share in Russia, according to newly appointed Agriculture Minister Katia Abreu.

New Study: Economic Downturn and Other Factors, Not COOL, Caused Decline in Live Cattle Imports to the U.S.

Contrary to arguments made by America’s trade competitors to the WTO, an economic downturn that sapped consumer demand — not COOL — caused decreased demand for cattle imports into to the U.S., according to a new study released today.

November Beef Export Volumes Lower, but Value Remains on Record Pace

With December totals yet to be recorded, U.S. beef exports already set a new full-year value record of $6.49 billion during the first 11 months of 2014.

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Byproduct Exports Important to Cattle Prices

Beef byproducts include all edible and inedible items from harvested cattle that are not part of the dressed carcass.

WASDE: Higher Beef Production for 2015 than Expected

U.S. beef production for 2015 is forecast to be higher thanks to increasing carcass weights.