A state-controlled bank in Brazil has cut credit lines to meat processor JBS SA, following the plea bargain deal in which the company’s majority owner admitted paying bribes to Brazilian politicians. Meat industry publication Meatingplace reports the bank decided to review the conditions of JBS’ credit limit, and of a loan expiring in 2018. Reuters previously reported that the Brazilian …
U.S. Meat Export Potential to Ecuador
Earlier this week, the U.S. Ambassador to Ecuador discussed market conditions in that country and ideas for expanding U.S. beef and pork exports to that market. Joe Schuele has the story. Read more about a “Surf and Turf” reception recently conducted by the U.S. Meat Export Federation at Ambassador Chapman’s Quito residence. At the event, U.S. beef and …
Sugar Deal Reached with Mexico
It was announced Tuesday that the U.S. and Mexico have reached an agreement to finally end the sugar dispute. And with renegotiations of the North American Free Trade Agreement (NAFTA) expected to start in August, some experts are saying the sugar agreement is good news. And according to a story from Rod Bain, one person commenting on the new agreement …
Beef and Pork Exports Moderate in April, Remain Above Year-ago Levels
U.S. red meat exports last month slowed moderately from the pace established in March, but were still significantly higher year-over-year, according to the U.S. Meat Export Federation. Beef exports reached 99,000 metric tons in April, up 13 percent from a year ago, valued at $550.4 million. For January through April, beef exports were up 14 percent in volume and 18 …
Dairy Exports Higher for 11 Straight Months
U.S. dairy production keeps going higher and processing facilities are running at or even over capacity, so the need for growing exports has never been greater. Farm Journal’s milk business dot com reports that dairy exports topped year-ago levels once again for the eleventh straight month. Exports of products like milk powder, cheese, butterfat, whey, and lactose were up 12 …
China/U.S. Beef Import Discussions Moving Faster
The pace of talks to resume U.S. beef exports to China appears to be picking up. Final details are expected to be in place by early next month. The U.S. Department of Agriculture says it’s great news for American farmers who will be able to pursue business in China that’s been lost by a rival beef producer, Brazil. As a …
Pace of U.S. Agricultural Exports Picking Up
At the halfway point of the 2017 fiscal year the pace of U.S. agricultural exports is picking up. Gary Crawford has the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Strong Momentum for U.S. Beef, Pork Exports to South Korea
The first quarter of the year was very solid for both U.S. beef and pork exports. And as U.S. Meat Export Federation’s (USMEF) Joe Schuele reports, there is one country that really stood out. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
AgNet Exclusive with Sonny Perdue
AgNet Media’s Founder and President Gary Cooper caught up with Secretary of Agriculture Sonny Perdue in D.C. to ask about trade concerns in both the peanut industry and the Florida vegetable industry. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
U.S. Milk Exports to Mexico at Risk
$1.2 billion of milk exports from the U.S. to Mexico are at risk as Mexico appears to be seeking new trading partners. Mexico is America’s top dairy exporter, and as the Donald Trump administration makes trade relations uneasy with its North American Free Trade Agreement counterparts, Mexico is in talks to import dairy products from New Zealand. In the first …