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Brazilian meatpacking companies have stopped production of beef products specifically targeted at the U.S. market, says Roberto Perosa, the head of exporters group Abiec, in response to President Trump’s 50% tariff on Brazilian beef imports into the U.S.
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The Hightower Report said, “Live cattle closed slightly weaker yesterday, but feeders dropped nearly $4 as rumors flew the USDA had set a date…
“Cattle finally ran into a round of profit-taking yesterday, and prices closed sharply weaker ahead of today’s cattle on feed report,” the Hig…
China will purchase and store frozen pork in the central reserves to maintain stable operation of the pork market, according to a statement re…
ADM Investor Services said, “Workers at JBS ratified a tentative two-year agreement with the world’s largest meat company, covering nearly 3,8…
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