Latest News From Bloomberg

Brazil Meat Packing Plant
In Year of Bad News, Brazilian Meat Giants Catch a Break

JBS, Marfrig and Minerva stand to gain record beef margins.

USDA_Chicken_Processor_Poultry_4
Chicken Slaughter Gets Makeover as Perdue Addresses Welfare

Company will increase the use of gas stunning in plants.

Walmart Grocery Beef
Wal-Mart Upgrades to Angus Beef

Raising quality seen as key to attracting selective shoppers.

Wesley_Batista
JBS's Batista Brothers Debt Surged as Family Shuffled Assets

Wesley and Joesley Batista have combined debt of $790 million.

A boy watches a landless occupant farmer gather cattle at Agropecuária Santa Bárbara Xinguara SA Maria Bonita farm.
Brazil Cattle Farmers Pay Price for JBS Graft as Giant Buying Less

Post-scandal squeeze on finances sparks asset sales, cutbacks.

sacred-cow-India
India Is About to Upend the Global Beef Trade

A recent ban on the sale of cattle for slaughter will limit access to growing markets.

Meat production in Brazil.
Europe Raises 'Serious Concerns' Over Brazil Meat After Probe

In letter, EU demands improved checks on meat safety.

Cattle on Agropecuária Santa Bárbara Xinguara SA Espirito Santo farm in Maraba, Brazil.
Bad Boy of Brazil Finance Is Now a Cattle-Ranching Billionaire

PE investments push Daniel Dantas’s fortune to $1.8 billion.

China Flag
U.S. Beef Exports to China Closer to Restart as Rules Issued

USDA published details for traceability of American meat.

JBS_Bloomberg_Beef_Packer_Brazil
Brazil's Batista Clan: A Short Guide to an Empire Built on Beef

JBS’s founders are known for both big business and scandals.

Wesley_Batista
Batista Brothers' Latest Deal Drags Brazil Into Fresh Crisis

JBS owners Wesley and Joesley Batista said to have agreed to a plea bargain.  

Customers buy meat from at a butchery stall inside a market in Sao Paulo, Brazil, on Saturday, March 18, 2017.
JBS Bribery Tapes Stir Up Fresh Brazil Turmoil

Brazil was plunged back into a political crisis reminiscent of last year’s impeachment saga following reports that President Michel Temer was embroiled in an alleged cover-up scheme involving the jailed former speaker of the lower house of Congress.

JBS_Bloomberg_Beef_Packer_Brazil
Where Cows Outnumber People, Asian Buyers Seen Hunting Beef M&A

Interest driven by export potential, Ontilcor director says.

China
U.S. Inks China Trade Deal Promoting Finance Services, Beef

Deal paves way for more trade negotiations in coming months.

Blairo Maggi
Brazil's Bad-Meat Scandal Puts Spotlight on a Controversial Star

Agriculture Minister Blairo Maggi helped stem meat scandal.

Blizzard
Cattle Futures, Beef Prices Soar After Blizzard Clobbers Midwest

Kansas animal losses may reach thousands, livestock group says.

McDonald's Big Mac Burger
Big Mac Makeover Helps McDonald's Overcome Restaurant Slump

CEO has revamped iconic sandwich, rolled out beverage deals.  

BT_Beef_Steak_Grill
Carnivores Rejoice: Steaks and Burgers Cheap for Grilling

Gains for meat demand prompt bullish bets on cattle futures.  

Brazil Meat Packing Plant
Brazil May Lose Up to $1.5 Billion in Meat Exports on Probe

Meat producers may lose as much as 10% of market share.  

McDonald's Big Mac Burger
McDonald's Switching to Fresh Beef Nationwide

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.

brazilian-flag-1-1548993-640x480
Saudi Arabia Suspends Imports From 4 Brazilian Meat Plants

Imports halted from 1 plant of BRF and 1 Seara facility.  

USDA_Chicken_Processor_Poultry_4
Brazil's Tainted-Meat Probe Leaves World Hungry for Chicken

Major importers ban Brazil shipments after food-safety scandal.

Water Buffalo
Top Buffalo Meat Exporter on Edge Amid Slaughter Pledge

Top Buffalo Meat Exporter on Edge Amid Slaughter Pledge (1)

Brazil Meat Packing Plant
Brazil Meat Exports Plunged 99.9% This Week

The so-called Weak Flesh probe launched Friday by Brazilian police into the alleged bribing of federal inspection agents to clear the sale and export adulterated meat has taken a toll on the world’s largest exporter of beef and chicken.

Frozen Beef Stranded at Sea as China Shuts Out Brazil's Meat
Frozen Beef Stranded at Sea as China Shuts Out Brazil's Meat

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.

Customers buy meat from at a butchery stall inside a market in Sao Paulo, Brazil, on Saturday, March 18, 2017.
Meat Giants Rush to Reassure Brazilians Amid Latest Scandal

JBS and BRF launch massive media campaigns to stave off impact.  

JBS
Global Meat Buyers Restrict Brazil Supplies as Scandal Deepens

Major importers have imposed restrictions on Brazilian meat. 

Brazil Meat Packing Plant
Brazil Moves to Calm Beef Crisis, Temer Heads to Steakhouse

EU seeking information from Brazil and may schedule meeting. While President Temer calls emergency meeting in Brasilia for diplomats.  

“I hate the stuff,” says a butcher and author of a new cookbook dedicated to beef. He’s not alone.
Is Wagyu the World's Most Overrated Steak?

“I hate the stuff,” says a butcher and author of a new cookbook dedicated to beef. He’s not alone.

Australia_Cattle
Billionaire Rinehart Buys Cattle Station in Australia's North

Purchase complements acquisition of cattle firm S. Kidman.

BT_FreeImages_Burger_Grill_Beef
Warm Winter Props up Beef Demand

So much for the winter blues. It’s been so balmy across part of the U.S. that Americans have been firing up their grills at a time that’s usually better suited to sipping hot cocoa.

BT_Beef_Steaks
A Snapshot of How 5 Premium Proteins are Raised

Discriminating diners may willingly shell out for premium product, but it’s always nice to know what, exactly, you’re paying for. Here’s a peek behind the scenes at what goes into raising the animals that are destined to become some of the most luxurious ingredients in the world.

BT_Beef_Carcass_Meat
Cattle Industry 'Very Concerned' by Trump Pledge on NAFTA

Good access to export markets needed to avoid beef oversupply.

American Beef Boom Is Probably Over, Putting Squeeze on Tyson
American Beef Boom Is Probably Over, Putting Squeeze on Tyson

Beef has a ‘rough start’ in 2017 as wholesale prices drop.

Tony Dahlman of USDA/NASS scouts soybeans on the 2016 Pro Farmer Midwest Crop Tour
Trump's Push to Protect Small-Town Workers Leaves Farmers Behind

TPP withdrawal disappoints pro-trade supporters in agriculture.

container-exports-trade
Trump Revamps U.S. Trade Focus in Exiting From Pacific Deal

Trade-focused presidential order fulfills campaign pledge.  

Around the World in 27 Burgers: The Best From Brooklyn to Bali

Three masters of the burger universe pick the best. 

snow-1342457-1599x1070
Polar Vortex Blasting U.S. Dealt a Short Life by Dueling Weather

Polar Vortex Blasting U.S. Dealt a Short Life by Dueling Weather

Marbling of the Kampo Wagyu beef.
When Fat Equals Flavor, $260 Steaks Get a Diet Makeover in Japan

Tweaking world’s most-expensive meat for health-focused buyers.

BT_Beef_Steak_Grill
Forget Kobe Beef: These Are the Cult Steaks Everybody Wants Right Now

The meaty bragging rights game has changed.

Kidman_Australia_Cattle
Billionaire Rinehart Cleared to Buy Iconic Aussie Cattle Company

Agreement ends year of uncertainty over sprawling property.

BT_Cow_Calf_Winter_Snow
A Chilling La Nina Is Seen Sticking Around Through the Winter

Northern U.S. gets cold in a La Nina, while the South warms.

McDonald's Big Mac Burger
McDonald's Expands Push to Swap Frozen Patties for Fresh Beef

More than 75 locations in northeastern Oklahoma participating, while the chain first began trials in Dallas-Fort Worth area locations.

Chicken_Poultry
Chicken Producers Asked for Affidavits Confirming Price Data

Sanderson Farms also among chicken producers to get request.

BT_Beef_Grocery_Market
U.S. Beef Supplies at Highest in Records Dating Back a Century

Beef cold storage reaches record marks.

Chipotle’s Tasty Made offshoot opened last month in Ohio.
Chipotle Says Sales Have Been 'Strong' at New Burger Restaurant

Burrito chain is looking for growth after punishing year.

Winter wheat on Millershaski's farm.
No Rain in Plains Turns Hedge Funds Bullish on Winter Wheat

Bullish fund holdings signal ‘change in sentiment’ for prices.

Northern_Australia_Cattle
Buffalo Stampede Threatens World's Biggest Live Cattle Trade

Australian exports to Indonesia facing competition from India.  

Santa Gertrudis cattle eat at the Tungali feedlot in South Australia.
Outback Scions Bid $294 Million for Iconic Kidman Ranches

Proposed all-Australian bid won’t need government approval.

Beyond_Meat_Vegan_Burger
Tyson Foods Buys Stake in Firm Offering Burger Alternative

Beyond Meat makes plant-based protein and Bill Gates is an investor.