The President made a broad statement Tuesday about cattle imports, asking USDA Secretary Sonny Perdue to look into terminating bringing in cattle from other countries. However, a decision could come with consequences.
USDA dropped feed usage by 725 million bushels in its August WASDE, and some expect the department to lower feed demand further on Wednesday.
In the global marketplace, nothing occurs in one country ‚Äî in this case, the UK ‚Äî without consequences elsewhere. Too bad most people don't think about that until it's too late.
The adage that the cure for high prices is high prices is evident this year in beef markets.
The Nature Conservancy and Nestlé Purina are collaborating with Cargill to improve water sustainability in the beef supply chain.
Even though exports are strong, industry leaders say there seems to be a misconception about the U.S. importing beef, saying imports are not behind lower prices.
The state of California is reportedly interested in buying the historic N3 Ranch, an 80-square-mile ranch within an hour’s drive of San Francisco.