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Tag Archives beef exports — page 4

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle slump, cash prices disappoint

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Thursday reversed some of their recent gains, pressured by profit-taking following this week’s initial cash prices that fell short of expectations, said traders. To avoid cattle deliveries, some investors sold the October contract either outright or simultaneously bought deferred months in a trading strategy known […] Read more
Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)
Livestock, Markets

U.S. finalizes talks to resume beef exports to China

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Chicago | Reuters — Final details are in place to allow U.S. exporters to resume beef shipments to China, U.S. officials said on Monday, allowing companies to prepare for their first shipments in 14 years. After concluding talks with Beijing, the U.S. Department of Agriculture said U.S. producers must track the birthplace of cattle born […] Read more
Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)
Livestock, Markets

U.S., China accelerate beef talks

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Chicago | Reuters — Talks on restarting U.S. beef exports to China are moving fast and final details should be in place by early June, the U.S. Department of Agriculture said on Friday, allowing U.S. farmers to vie for business that has been lost by rival Brazil. As part of a trade deal, U.S. ranchers […] Read more
(JBSS.infoinvest.com.br)
Livestock, Markets

‘Operation Weak Flesh’ takes bite out of Brazil’s meat exports

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Sao Paulo | Reuters –– Brazil’s meat exports have fallen sharply since a police investigation into alleged bribery of food-sanitation inspectors in the world’s top beef and poultry exporter sparked a wave of trade bans, an industry group said on Friday. Import restrictions by several key importers of Brazilian meat, ranging from China to Europe, […] Read more
(JBSS.infoinvest.com.br)
Livestock

JBS suspends Brazil beef output amid import bans

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Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, announced on Thursday it had suspended beef production at 33 of its 36 Brazilian plants amid the corruption scandal that has caused some of the country’s biggest export markets to ban Brazilian meats. Agriculture Minister Blairo Maggi said a police investigation, which […] Read more
Australian countryside near Bendigo, northwest of Melbourne. (CIA.gov)
Livestock

Beef makes the cut as Australia, China move to boost trade

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Sydney | Reuters — Australia and China are expected to sign new bilateral agreements on beef exports, energy and security during a four-day visit by Chinese Premier Li Keqiang that began on Thursday. Li, the first sitting Chinese premier to visit Australia in 11 years, was welcomed to parliament in Canberra by Prime Minister Malcolm […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Brazil beef scandal leaves fewer options for global buyers

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Chicago | Reuters –– Global beef buyers will likely need to cobble together supplies from several nations if a scandal persists in Brazil’s meat sector because supply constraints and politics are already limiting trade flows, market analysts said Monday. China suspended imports of all meat products from Brazil, the world’s top beef exporter, as a […] Read more
A U.S. Customs and Border Protection agent monitors the Canada/U.S. border near Sweet Grass, Montana, about 100 km southeast of Lethbridge. (CBP.gov)
Livestock

Guenther: Canada’s beef export sector waiting, watching

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As speculation swirls around U.S. President-elect Donald Trump’s promise to renegotiate NAFTA, officials with Canada’s beef industry are taking a measured approach. They’re not ignoring the possibility of trade disruptions in the U.S., said Ryder Lee, CEO of the Saskatchewan Cattlemen’s Association — “but neither are we lighting our hair on fire yet at each […] Read more
Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto on Parliament Hill in Ottawa on June 28. (PMO photo by Adam Scotti)
Livestock, Markets

Canadian beef follows tricky paths to international markets

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CNS Canada — Canadian beef continues to find its way to markets around the world, but while a new deal with Mexico has brought smiles to the cattle industry, questions remain surrounding Canada’s proposed trade deal with the European Union. Britain’s recent referendum to exit the European Union has thrown into question whether the Comprehensive […] Read more

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