Reading Time: 4 minutes Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze and helping limit a surge in meat prices.
Brazil surpassing U.S. as top beef producer, easing global supply squeeze
China imposes curbs on beef imports to protect domestic industry
Reading Time: 3 minutes China will impose an added 55 per cent tariff on beef imports that exceed quota levels from key supplier countries including Brazil, Australia and the U.S. in a move to protect a domestic cattle industry slowly emerging from oversupply.
‘Not a happy Trump supporter’: U.S. Cattle ranchers hit by push for lower beef prices
Reading Time: 5 minutes Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in Donald Trump’s America. Beef prices hit record highs earlier this year as the cattle herd shrank and consumer demand remained strong.
JBS profit falls amid still-challenging US market environment
Reading Time: 2 minutes JBS, the world’s largest meat company, reported a net profit fall in the third quarter in spite of a rise in global net sales amid a still-challenging beef market environment in the U.S., according to an earnings statement on Thursday.
U.S. tariffs on Brazil will reshape global beef trade flows, analysts say
Reading Time: 2 minutes Higher U.S. tariffs on Brazil are expected to reshape global beef trade flows, sparking increased shipments to the U.S. from countries like Mexico and Australia while Brazil seeks alternative markets, analysts said on Wednesday.
U.S. cattle ranchers slowly start to rebuild decimated herd
Meatpackers want larger herds to bring down cattle prices from record highs
Reading Time: 4 minutes In major U.S. livestock regions, some ranchers have slowly begun taking the first steps to boost cattle production after the nation’s inventory shrank due to a years-long drought that dried up pasture land used for grazing and hiked feeding costs.
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
Reading Time: < 1 minute U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
Brazil’s JBS bullish despite challenging outlook for US beef business
Reading Time: < 1 minute JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.
Threat of tariffs looms at Saskatchewan Beef Industry Conference
Cattle groups take advocacy to U.S. livestock producers, say they need to know how tariffs will affect them
Reading Time: 3 minutes The Canadian Cattle Association says threatened 25 per cent tariffs would cut Canadian wholesale beef prices by 13 per cent, but effects would be tempered slightly by the low Canadian dollar.
Australia cashes in on beef exports as US cattle herd shrinks
Reading Time: 3 minutes A slump in U.S. beef production has opened the door for Australia to export record amounts of meat, growing its market share in North America and Asia and channelling billions of dollars to cattle processors and farmers.
A message from April Stewart, Country Guide's Associate Editor
