Articles Tagged with ''beef''

The U.S Meat Export Federation says booming United States beef and pork exports in 2021 increased the value of corn and soybeans.

A proposed 8,000-head-per-day beef processing facility in South Dakota is joining a packed roster of planned and existing plants that could be forced to compete for shrinking cattle inventories in the years ahead.

The Biden administration is kicking off talks with Taiwan on an agreement to facilitate more trade between the countries without reducing tariffs, according to senior administration officials.

An Agriculture Department survey reported a record high cattle inventory for the beginning of May, but feedlot placements are declining and could be showing the early days of a contraction in the cattle cycle.

The U.S. exported about $49.2 billion worth of ag commodities in the first quarter of 2022, a record for shipments in the first three months of a year and setting the pace for what could be an annual record, according to new data from USDA’s Foreign Agricultural Service.

Leaders of the nation’s largest beef packers denied accusations Wednesday that they had any agreement in place to suppress prices or competition for beef cattle throughout the country.

The U.S. and Japan have reached a deal that would make it less likely that the Japanese safeguard trigger will boost tariffs on U.S. beef, as it has done in the past.

Recent attention to the country’s meatpacking plants has illustrated that when the four dominant companies face disruptions to processing, smaller, independent operations don’t have adequate capacity to pick up the slack.

The ag sector and lawmakers aren’t letting up pressure for another trade deal with China, especially since China’s purchase agreement ended Dec. 31, but the Biden administration still has its focus squarely on the “phase one” deal that was struck during the Trump administration.