Cargill Inc., one of the largest beef processors in North American, is recalling ground-beef products sold in western Canada because of possible contamination with E.coli O157 bacteria.
American rancher Darrell Stevenson formed Stevenson-Sputnik LLC with two Russian partners in 2010 and has since transplanted about 1,500 head of cattle by air and sea to their ranch.
The world’s second largest iron exporter also happens to be one of the largest cattle ranches in Australia. Both of those commodities are in high demand from China.
U.S. beef prices are up 74% since 2009 to the highest on record, after a seven-year decline in the herd left the fewest cattle in at least six decades.
