Latest News From Bloomberg

The king of burgers is frying up more chicken these days.

The U.S. and Japan still face “considerable” differences in reaching an agreement on the Trans-Pacific Partnership regional trade pact two weeks before President Barack Obama pays a state visit.

U.S. beef shipments to Japan may drop after the largest Asian buyer agreed with Australia to begin reducing import tariffs as early as next year, Japan’s agriculture ministry said.

Japan and Australia reached broad agreement on bilateral trade after seven years of wrangling, in a pact that will lower or eliminate tariffs.

Canada and South Korea concluded negotiations on a free-trade deal that will give more market access for Canadian beef producers and phase out tariffs on cars made by Korean companies such as Hyundai Motor Co.

Record-high U.S. beef prices offer little comfort to California ranchers.

Fewer cattle means production in the beef industry could drop to a 20-year low in 2014, USDA says.

U.S. feedlots unexpectedly increased the number of cattle purchased in December compared with a year earlier, a government report showed.

Cattle slaughtering in the U.K. dropped to the lowest level since at least 1970 last year, as herd sizes declined to the smallest in decades, the Agriculture & Horticulture Development Board said.

While crops avoided major damage, the cold slowed the growth of livestock and extended a rally in Chicago cattle futures to a record.

U.S. crops are escaping record-setting cold weather with little damage, while the arctic blast drove cattle prices to a record as animals struggle to gain weight.

Cattle futures extended a rally to an all-time high for the third straight session on the outlook for tightening supplies of beef and rising demand.

Cattle futures extended a rally to an all-time high as prices are poised to cap the longest string of annual gains in five decades.

Cattle futures for February delivery reached $1.35275 a pound today, the highest for a most-active contract since the commodity started trading on the CME in 1964.

Cattle futures fell, capping the biggest two-day drop in 10 months, on speculation that U.S. beef production is outpacing demand. Hog prices were unchanged.

South Korea halted beef imports from a U.S. unit of JBS SA after finding traces of the feed additive zilpaterol in a consignment of the meat.

The chain recently removed Angus third-pounder burgers from its bill of fare and is now turning more toward poultry for its U.S. menu.

The planned use of meat from cattle treated with antibiotics because of an illness comes as U.S. beef production is projected to plunge to a 21-year low next year.

U.S. beef production is plunging to a 21-year low after surging feed costs spurred ranchers to cut herds, signaling record prices for consumers and higher costs for buyers.

U.S. meat industry groups, joined by Canadian counterparts, sued USDA seeking to block rules requiring meat producers to increase the amount of information about countries of origin on their products.

The U.S. tightened country-of-origin labeling provisions to specify where animals are born, raised and slaughtered.

JBS SA, the world’s biggest beef producer, is counting on steak-hungry consumers in Asian nations to help propel total exports past $10 billion for the first time this year.

Feedlot owners unexpectedly increased the number of cattle added to their herds in March as a drop in corn costs improved prospects for an end to operating losses.

Cattle futures climbed for the first time in three days on signs of increasing demand from U.S. meat processors.

Even after storms dumped many inches of snow in February, water shortages and dirt-dry pastures across the Great Plains are shrinking herds.

The second major snowstorm in a week for the southern Great Plains is delivering moisture to U.S. wheat crops.

From South Dakota to Ohio, farmers are preparing to plant the most corn in almost eight decades after drought ruined last year's harvest.

U.S. feedlots bought 0.5 percent fewer cattle in December compared with a year earlier, the government said.

Slaughterhouses will pay $1.32 a pound on average on cash markets for spot supplies, up from $1.23 last year, the broker's chief strategist says.

Japan will ease restrictions on U.S. beef imports next month, boosting supplies to restaurants.