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Brazil’s embattled meat industry received encouraging news as some of its key export markets eases restrictions stemming from allegations of bribery of meat inspectors.

China, Chile and Egypt have now lifted their bans on importing beef from Brazil.

While thousands of cattle died in last week’s wildfires in Kansas, Oklahoma, and Texas, those also hit hard by fire are the surviving beef cattle.

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

The cattle market has been pretty interesting as of late. Elaine Kub, author of “Mastering the Grain Markets” discusses the fundamentals behind the recent strengthening of the cattle market.

Major importers have imposed restrictions on Brazilian meat.

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.