Articles tagged under: beef
USDA Investigates Beef Trade
Published April 9, 2020
The USDA Packers and Stockyards Division is extending an investigation into the wide separation between box beef and live cattle prices to include the current coronavirus pandemic. This investigation has been folded into a similar inquiry into beef margins following…Livestock Markets Continue to Struggle
Published April 3, 2020
The livestock markets continue to struggle. Kluis Commodities market analyst Jacob Burks said the struggle will continue until demand picks up. "It's a very unfortunate pattern, but we could see the writing on the wall. The restaurant business and food…FSIS Responds to Beef Labeling Petition
Published March 26, 2020
USDA’s Food Safety and Inspection Service has responded to a petition addressing accurate beef labeling from the U.S. Cattlemen’s Association. In the petition, the association asked that any beef product labels suggesting U.S. origin, such as “Made in the USA”…JBS Delivers Huge Net Profits for the Quarter
Published March 26, 2020
The world’s largest meat packer, JBS USA, is reporting quarterly net profits of $482.5 million. Net profits for JBS are up more than 330 percent from last year. JBS pork sales to China from the United States are up ten…Livestock Markets Trying to Look Past COVID-19
Published March 25, 2020
Packers within the cattle industry are stepping up, offering premiums to cattle feeders for the week of March 23. Another glimmer of good news is the cattle markets have rebounded to start the week. As the commodity markets try to…USDA Announces Expanded Access for U.S. Meat Products to China
Published March 24, 2020
Phase one implementation of the trade agreement between the U.S. and China is pressing forward. The most recent actions include growth for U.S. meat products. Both countries have agreed to allow U.S. poultry exports from unaffected regions in the case…Increased Market Access for U.S. Beef and Pork
Published March 23, 2020
USDA’s Food Safety and Inspection Service has updated its export requirements for U.S. beef and pork going to China. More U.S. facilities are now eligible to export beef to China and exports are no longer limited to beef from cattle…China Lifts Beef Restrictions, Updates Approved Dairy Export Facilities
Published March 11, 2020
There is continued progress in implementing phase one of the trade agreement between the U.S. and China. The most recent actions by China include lifting a ban on beef imports from animals over 30 months of age and updated facilities…Brazil Beef Ban Lifted, Lawmakers Concerned
Published March 2, 2020
A bipartisan group of senators is upset with USDA’s decision to lift the ban on Brazilian beef imports. In a letter to Agriculture Secretary Sonny Perdue, the lawmakers voiced concern over public health and animal health issues. The individuals signing…