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China's shift to Western-style diets is driving global economic changes, influencing meat demand and international trade dynamics.
The US beef market in 2024 showcases growth in consumption and stable production, with evolving trade dynamics indicating a resilient and promising outlook.
During the review period, Beef imports peaked at 370K tons in 2017 but failed to regain momentum from 2018 to 2024. In value terms, Beef imports decreased to $2.1B in 2024.
Challenges persist for restaurant leaders as beef prices increase, prompting strategic responses despite a slowdown in food inflation.
JBS's sustainability ambitions are offset by rising profits and growing scrutiny over its environmental impact.
Cattle futures reach record highs amid harsh weather and supply challenges in the US beef market.
Explore China's investigation into beef imports and its implications for the domestic meat sector facing financial challenges.
New Zealand stresses the importance of maintaining its robust beef trade relationship with the US amidst concerns over potential tariffs.
Discover the challenges facing the US beef industry and why Trump's return is unlikely to boost it amidst cattle shortages and economic pressures.
Beef imports peaked in 2023 and are predicted to continue growing. The value of beef imports dropped significantly to $14.1B in 2023.
Cargill Inc. is set to cut thousands of jobs globally as part of its 2030 strategy, following a sharp decline in profits. The company faces challenges due to decreased crop prices and a reduced US cattle herd.
Tyson Foods reveals plans to close its Emporia, Kansas meat plant affecting 809 jobs, as company tackles beef industry challenges and focuses on cost reduction.
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