Brazilian beef companies do not expect to be hurt by potential new tariffs from U.S. President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.
Brazil’s beef companies breathing easy over prospect of new Trump tariffs
U.S. livestock: Cattle futures mixed, lean hogs dip
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.
Klassen: Increased feeder cattle selling caps upside momentum
There was a surge in farmer selling across Western Canada last week. Sales volumes were larger than normal at many auction barns. The fear that President Trump would implement a tariff on feeder cattle ignited fears that that market would drop sharply.
No immediate tariffs means more time to engage, prepare say ag, food leaders
No immediately-imposed tariffs means more time to engage with American officials on the importance of free trade and to prepare for future negotiations say agriculture industry groups say.
U.S. livestock: Lean hogs continue losses; cattle futures mixed
Chicago Mercantile Exchange lean hog futures closed lower on Friday, continuing a streak of losses. Most active April lean hogs settled at 88.325 cents a pound, down 2.225 cents. February lean hogs closed at 81.123 cents a pound, down 1.175 cents.
Germany has no new foot-and-mouth disease cases, minister says
Germany has no new cases of the livestock illness foot-and-mouth disease with a suspect case on Thursday not confirmed, German agriculture minister Cem Oezdemir said on Friday.
U.S. livestock: Cattle futures fall with grains
Live and feeder cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as losses in the grains and oilseeds spilled into the livestock markets.
U.S. livestock: Cattle futures boosted by strong beef prices
Live and feeder cattle futures on the Chicago Mercantile Exchange were stronger Wednesday, as rising beef prices underpinned the markets.
Brazilian meatpacker JBS says net-zero emissions pledge was ‘never a promise’
The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and to ending illegal deforestation across its long supply chain that starts in the heart of the Brazilian Amazon.
U.S. livestock: Live cattle steady to lower; feeders, hogs climb
Live cattle futures were steady to lower on Tuesday, backing away from record highs as speculative profit-taking weighed on prices.