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Shining Light on Farm & Food Policy for 20 Years.
Saturday, January 18, 2025
Pork exports have enjoyed a healthy first half of 2023, but beef sales to overseas customers have lagged, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Supermarket prices ticked up 0.3% last month, driven by a jump in the cost of beef as well as increases for some fruits, vegetables and dairy products, according to the monthly Consumer Price Index.
Tyson Foods on Monday announced the closure of four chicken processing plants, and the meatpacking giant said it lost money on its chicken and pork business during the latest quarter while barely covering costs on its beef segment.
There were fears that even though U.S. ag exports to China were rising after the countries agreed to a trade war détente during the Trump administration, the U.S. might never recover its pre-trade war share of China’s imports.
A Department of Agriculture proposal to outline conditions for beef to enter the U.S. market from Paraguay is being met with stiff opposition from groups representing American producers.
New research from the University of California, Davis, suggests cultivated meat might not be better for the environment than beef from traditionally raised cattle, and in some cases could be worse.
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
