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.
JBS profit falls amid still-challenging US market environment
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.
Beef cow, replacement heifer numbers suggest producers aren’t ready to grow herds: FCC
Reading Time: < 1 minute Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.
National Beef Strategy celebrates gains
Reading Time: < 1 minute The Canadian Beef Advisors, comprised of national beef organizations, is celebrating achieving many of the goals in the 2020-24 National Beef Strategy.
Total US cattle herd drops to lowest level since 1951 – USDA
Easing dryness could encourage ranchers to begin rebuilding beef herds
Reading Time: < 1 minute Chicago | Reuters - The total number of U.S. cattle fell to its lowest level since 1951 as of Jan. 1, in the herd's fifth consecutive year of decline, U.S. Department of Agriculture data showed on Wednesday.
A message from April Stewart, Country Guide's Associate Editor
