Latest News From Reuters

Biden to Meet with CEOs on Supply Chain Amid New COVID Variant Threat
Biden to Meet with CEOs on Supply Chain Amid New COVID Variant Threat

President Biden planned to meet with chief executives of major retailers and companies to discuss how to move goods to shelves as the U.S. holiday shopping season begins in the shadow of the Omicron coronavirus variant.

Russia Resumes Beef, Pork Imports from 12 Units of Brazilian Producers
Russia Resumes Beef, Pork Imports from 12 Units of Brazilian Producers

Russia will resume beef and pork imports from 12 subsidiaries of Brazilian producers from Nov. 25, its agriculture safety watchdog said.

Drug and Feed Ingredient Shortages Hit U.S. Livestock Producers
Drug and Feed Ingredient Shortages Hit U.S. Livestock Producers

Supply-chain disruptions are hitting America's meat producers and sending them scrambling for alternatives as they seek to care for farm animals and keep down costs.

Tyson Foods Sees Upbeat Sales as Meat Prices, Restaurant Demand Jump
Tyson Foods Sees Upbeat Sales as Meat Prices, Restaurant Demand Jump

Tyson Foods Inc beat quarterly profit estimates on Monday and forecast fiscal 2022 revenue above market expectations on rising meat prices and improving demand from restaurants that reopened after COVID-19 restrictions.

Customers buy meat from at a butchery stall inside a market in Sao Paulo, Brazil, on Saturday, March 18, 2017.
Brazil Says Suspected 'Mad Cow' Cases in Humans Not Related to Beef Consumption

Brazil's Ag Ministry said that two cases of a neurodegenerative disorder in patients in Rio de Janeiro state were not related to beef consumption, tamping down fears of possible "mad cow" disease causing human illness.

U.S. Democrats Pass $1 Trln Infrastructure Bill, Ending Daylong Standoff
U.S. Democrats Pass $1 Trln Infrastructure Bill, Ending Daylong Standoff

Democrats set aside divisions between progressives and centrists to pass a $1 trillion package of highway, broadband and other infrastructure improvement, sending it on to President Joe Biden to sign into law.

China's New Pig Farmers Aim to Ride Out Boom-Bust Cycle
China's New Pig Farmers Aim to Ride Out Boom-Bust Cycle

China's huge hog sector is struggling with excess production after millions of small, often first-time, pig farmers entered the industry to capitalise on record profits during a swine-fever related shortage.

Deere, UAW Agree on New 6-Year Contract Subject to Union Vote
Deere, UAW Agree on New 6-Year Contract Subject to Union Vote

U.S. tractor maker Deere & Co agreed on a new six-year contract with the United Auto Workers (UAW) union that would be subject to a vote by the company's striking workers, the company said in a statement on Saturday.

House Subcommittee: Coronavirus Infections at U.S. Meat Plants Far Higher Than Previous Estimates
House Subcommittee: Coronavirus Infections at U.S. Meat Plants Far Higher Than Previous Estimates

Cases and deaths from COVID-19 among workers at the leading U.S. meatpacking plants were three times as high as previously estimated based on an investigation by the House Select Subcommittee.

China Presses U.S. to Cancel Tariffs in Test of Bilateral Engagement
China Presses U.S. to Cancel Tariffs in Test of Bilateral Engagement

China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries' top trade officials that Washington saw as a test of bilateral engagement between the world's biggest economies.

McDonald's Targets Net Zero Emissions by 2050
McDonald's Targets Net Zero Emissions by 2050

McDonald's Corp on Monday set a new target to cut global greenhouse gas emissions to net zero by 2050, from the beef in its burgers to the light bulbs in its restaurants.

U.S. Antitrust Official Says Competition in Labor Markets a Top Concern
U.S. Antitrust Official Says Competition in Labor Markets a Top Concern

The U.S. Justice Department's acting head of Antitrust Division says labor markets were a top priority for enforcement efforts, indicating a shift toward issues set by the White House's executive order on competition.

UK Meat Industry Warns of Imminent Supply Threat from CO2 Crisis
UK Meat Industry Warns of Imminent Supply Threat from CO2 Crisis

Britain's meat processors will start running out of carbon dioxide (CO2) within five days, forcing them to halt production and impacting supplies to retailers, the industry's lobby group warned on Monday.

Biden Administration Seeks to Protect Americans from Extreme Heat
Biden Administration Seeks to Protect Americans from Extreme Heat

U.S. President Joe Biden on Monday ordered his administration to find ways to ensure people are protected from extreme heat, including through work-related rules and other cooling efforts.

Russian_map
Russia Restricts Brazil Beef Imports After Mad Cow Cases

Russia has imposed restrictions on Brazilian meatpackers after two atypical cases of mad cow disease were detected this month, the Valor Economico newspaper reported on Friday.

Biden Administration Plans Tougher Action to Rein in Meat Prices
Biden Administration Plans Tougher Action to Rein in Meat Prices

The Biden administration plans to take a tougher stance toward meatpacking companies it says are causing sticker shock at grocery stores.

U.S. Out of Time on Climate, Biden Says After Hurricane Ida
U.S. Out of Time on Climate, Biden Says After Hurricane Ida

President Biden highlighted the ravages of climate change during a visit to flood-damaged New Jersey on Tuesday, putting a focus on domestic priorities after weeks of public attention on the withdrawal from Afghanistan.

brazilian-flag-1-1548993-640x480
Chinese Beef Buyers Expect Brazil Trade to Resume Soon Despite Mad Cow Cases

Chinese beef importers said the suspension of exports by top supplier Brazil due to two cases of BSE had no immediate market impact, with some still making purchases in anticipation of a quick resumption of trade.

Tyson Foods, Unions Strike Deal Over COVID-19 Vaccine Mandate
Tyson Foods, Unions Strike Deal Over COVID-19 Vaccine Mandate

Tyson Foods said Friday labor unions have agreed to support its requirement for U.S. employees to be vaccinated against COVID-19 by November, and the company will offer new benefits to workers including paid sick leave.

Canada Joins Mexico in Seeking Consultation with U.S. Over USMCA Content Rules
Canada Joins Mexico in Seeking Consultation with U.S. Over USMCA Content Rules

Canada has joined Mexico in seeking formal consultation with the United States over the interpretation of content rules for automobiles set out in the North American trade pact, Mexico and Canada said on Friday.

BT_FreeImages_Beef_TBone_Steak
Delta, Beef Prices Threaten to Take the Sizzle Out of U.S. Steakhouses

Just as American steakhouses are recovering from the first wave of COVID shutdowns, the Delta variant threatens to diminish the appetite for a sector seen as a barometer for full U.S. economic recovery.

'Once in 100 Years' Drought Seen Affecting Argentine Grains Exports Into 2022
'Once in 100 Years' Drought Seen Affecting Argentine Grains Exports Into 2022

A once-a-century drought has lowered the water level of Argentina's main grains transport river, reducing farm exports and boosting logistics costs in a trend that meteorologists said will likely continue into 2022.

Tyson Foods Raises Prices, Scrambles to Keep Up with Inflation
Tyson Foods Raises Prices, Scrambles to Keep Up with Inflation

Tyson Foods cannot increase prices for chicken and prepared foods fast enough to keep pace with rising costs for raw materials like grain, CEO Donnie King said Monday, reporting higher-than-expected quarterly earnings.

Chicken_Plant_2_Poultry
U.S. Grand Jury Indicts Pilgrim's Pride Executives for Chicken Price Fixing Conspiracy

A U.S. federal grand jury has indicted four current and former executives at Pilgrim's Pride Corp, one of the largest U.S. poultry producers, for their roles in price fixing for chicken products, DOJ said Thursday.

Biden Sides with Farmers Over 'Right to Repair' Tractor Software Battle
Biden Sides with Farmers Over 'Right to Repair' Tractor Software Battle

U.S. President Joe Biden wants the Federal Trade Commission to limit the ability of farm equipment manufacturers to restrict tractor owners from using independent repair shops or complete some repairs on their own.

Argentina Says Deal on Re-Opening Beef Exports May Be Close, Talks Continue
Argentina Says Deal on Re-Opening Beef Exports May Be Close, Talks Continue

Talks between Argentine policymakers and meat industry officials are on track to reach a deal on re-opening exports, officials said, days ahead of the expiration of the government's month-long suspension of shipments.

WTO Head Says Pandemic-Related Trade Barriers Are Rising

* Trade restrictions linked to COVID-19 have ticked up * WTO seeks to address vaccine supply bottlenecks * 'In a hurry' for deal in IP waiver talks (Adds details throughout) By Emma Farge GENEVA, June 14 (Reuters) - The

argentina_flag
Argentine Beef Producers Say Talks with Government to Intensify Over Export Halt

Argentine meat producers will intensify talks with the government aimed at lifting the one-month suspension of beef exports that was declared in mid-May, the country's Agroindustrial Council (CAA) said in a statement.

U.S. Says Ransomware Attack on Meatpacker JBS Likely From Russia
U.S. Says Ransomware Attack on Meatpacker JBS Likely From Russia

The White House said Brazil's JBS SA has informed the U.S. government that a ransomware attack that disrupted meat production in North America and Australia originated from an organization likely based in Russia.

Mushrush_Argentina_Heifers
Argentina Suspends 12 Beef Export Operations as Conflict Over Ban Deepens

Argentina said on Monday it had temporarily shut down 12 beef exporters over "irregular" operations and had seized over 220 tonnes of meat as tensions over the government's meat export ban deepen.

Cyber Attack Hits JBS Meat Works in Australia, North America
Cyber Attack Hits JBS Meat Works in Australia, North America

Australian and North American units of the world's largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil's JBS SA said in a statement.

Greta Thunberg Aims to Change How Food Is Produced
Greta Thunberg Aims to Change How Food Is Produced

Swedish climate activist Greta Thunberg has set her sights on changing how the world produces and consumes food in order to counteract a trio of threats: carbon emissions, disease outbreaks and animal suffering.  

Walmart Grocery Beef
Rising Beef Prices Squeeze Carnivores from Buenos Aires to California

Beef prices are surging worldwide, taking meat off the menu in steak-loving Buenos Aires and spoiling summer barbecues in the United States as Chinese imports rise and the cost of feeding cattle soars.

Brazil Regulator Accuses Marfrig CEO of Insider Trading
Brazil Regulator Accuses Marfrig CEO of Insider Trading

Brazilian securities regulator CVM accused Marcos Molina, the chief executive of Brazilian meatpacker Marfrig Global Foods SA, of the "misuse of privileged information" involving Marfrig shares before a filing in 2018.

drought
Drought Hits Brazil Corn; Feed Costs Could Squeeze Meatpacker Margins

Dry weather and poorly timed planting are weighing on Brazil's second corn crop this year, reviving fears of another surge in feed prices like the one that battered big meatpackers after a 2016 drought.

World Bank Expects Commodity Prices to Stay Firm on Economic Growth
World Bank Expects Commodity Prices to Stay Firm on Economic Growth

Global commodity prices are expected to stay firm around current levels in 2021 after recovering in the first quarter buoyed by strong economic growth, the World Bank said on Tuesday.

DT_Grazing_Dairy_Cows
New Zealand to End Livestock Exports Due to Animal Welfare Concerns

New Zealand says it will stop the export of livestock by sea following a transition period of up to two years, citing animal welfare concerns, which will affect major trading partners including Australia and China.

China Flag
China's March Meat Imports Surpass 1 Million Metric Tons

China imported 1.02 million metric tons of meat in March, customs data showed on Tuesday, the highest monthly volume since at least January 2020, as the world's biggest meat buyer stocked up to fill shortages at home.

Argentina Suspends 15 Beef Exporters for Evading State Controls
Argentina Suspends 15 Beef Exporters for Evading State Controls

Argentina said on Monday it had suspended 15 meat exporters for dodging industry regulations, derailing at least 40 tonnes of shipments from one of the world's best-known beef producers.

USTR's Tai Tells EU Antitrust Chief She Wants "More Positive" Trade Ties
USTR's Tai Tells EU Antitrust Chief She Wants "More Positive" Trade Ties

USTR Katherine Tai on Monday told the European Union's competition commissioner, Margrethe Vestager, that she has a "strong desire to develop a more positive and productive" trade relationship with the EU.

Beyond Meat Clinches Coveted Deals with Mcdonald's, Yum Brands
Beyond Meat Clinches Coveted Deals with Mcdonald's, Yum Brands

Plant-based meat maker Beyond Meat said on Thursday it has signed multi-year supply deals with McDonald’s Corp and Taco Bell owner Yum! Brands Inc.

Lawsuit Says Tyson Foods Misled Shareholders About COVID-19 Protocols
Lawsuit Says Tyson Foods Misled Shareholders About COVID-19 Protocols

U.S. meat and poultry processor Tyson Foods Inc was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about its ability to combat the spread of the coronavirus in its facilities.

The Impossible Whopper, which is sold at Burger King.
Impossible Foods Cuts Faux Meat Prices By 20% At Grocery Stores

Impossible Foods said it would cut the prices of its faux meat patties by 20% at U.S. grocery stores as it ramps up production with a larger plan to eventually undercut ground beef prices.

U.S. Congress Panel Investigating COVID-19 Worker Safety at Meatpacking Firms

A U.S. congressional panel is investigating three large meatpacking companies for possible worker-safety violations following reports that hundreds of industry workers have died of COVID-19.

PepsiCo, Beyond Meat Partner to Develop New Plant-Based Snacks

PepsiCo Inc and Beyond Meat Inc said on Tuesday they would form a joint venture to develop and sell snacks and beverages made from plant-based protein.

JBS Offers $100 to Employees Who Get COVID-19 Vaccine
JBS Offers $100 to Employees Who Get COVID-19 Vaccine

The bonus is intended to encourage employees to get inoculations, after thousands of U.S. meatpacking workers became infected with the coronavirus last year.

New Mexico Official, Who Founded 'Cowboys for Trump,' Arrested in Connection with U.S. Capitol Riot
New Mexico Official, Who Founded 'Cowboys for Trump,' Arrested in Connection with U.S. Capitol Riot

Cuoy Griffin, a New Mexico county commissioner and founder of a group called "Cowboys for Trump," was arrested in Washington on charges related to the Jan. 6 attack on the U.S. Capitol.

Smithfield Foods Suspends Federal Campaign Donations After U.S. Capitol Riot
Smithfield Foods Suspends Federal Campaign Donations After U.S. Capitol Riot

Smithfield Foods, the world’s largest pork processor, said on Monday it paused all federal campaign contributions until more facts are known about last week’s riot at the U.S. Capitol.

Smithfield Foods Prepares for COVID-19 Vaccine Distribution to U.S. Employees
Smithfield Foods Prepares for COVID-19 Vaccine Distribution to U.S. Employees

Smithfield Foods, the world's largest pork processor, said on Wednesday it has medical capabilities at U.S. facilities and is actively preparing for COVID-19 vaccine distribution to employees.

Impossible Foods Cuts Wholesale Prices By 15% for Second Time in One Year

Impossible Foods Inc, maker of the plant-based Impossible Burger, said it would cut prices for foodservice distributors in the United States by about 15% amid increasing demand for its burgers.