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.
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.
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.
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.
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.
Brookfield Asset Management Inc., Canada’s largest alternative asset manager, reportedly has raised $300 million for a new agricultural fund targeting Brazilian farmland.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Beef and veal shipments from Australia, the third-biggest exporter, are set to decline as better seasonal conditions reduce cattle slaughter, the government said.
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.
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.
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.
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.
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.
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.
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.