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The cattle market has seen some strong rallies in the first few months of 2017.
McDonald’s Corp. will begin offering quarter-pound burgers with fresh beef at the majority of its restaurants next year, breaking with decades of frozen-patty tradition in a bid to improve food quality.
President Donald Trump is scheduled to meet his Chinese counterpart later today, and it could set the tone for trade between the two nations. Beef producers hope this could mean greater access to the world’s most populated country.
Last week’s meeting between President Donald Trump and Chinese President Xi Jinping may have some benefits for American agriculture.
Meat producers may lose as much as 10% of market share.
Zhang Lian has 270 tons of frozen Brazilian beef on a ship steaming toward Shanghai that he may not be able to get through customs when the vessel arrives next month.