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As African swine fever leaves China with a formidable protein gap, Brazilian meat producers have been rewarded with a boom in shipments. Now, that demand burst could start spreading into the U.S.
A pair of lawsuits filed in New Mexico charge the nation’s four largest meatpackers are misleading consumers with false labels on beef products.
Cash fed cattle prices traded lower as futures prices set new lows for the week before a Friday rebound.
While cash fed cattle traded lower the past two weeks, traders anticipate a higher market toward spring as cattle numbers tighten seasonally and beef demand improves.
U.S. beef exports continue to remain strong, according to USMEF. The Federation released its year-end numbers on 2019 export sales last week, and it says beef exports are down slightly from the record year of 2018.