While most of the trade news today is focused on the USMCA, there’s another tidbit that shows the increasing influence of the east on the future of beef demand. Situated between Russia and China, and across the Caspian Sea from the Middle East, Kazakhstan has been generating a lot of attention as a potential beef producer. Today, Tyson Foods announced plans to build a 2,000 head per day beef packing plant there to target supplying China, the Middle East and the rest of Asia. Tyson CEO Noel White has been quoted in the press as saying the project “is to help satisfy the growth in demand that we see over the course of the next 10-plus years.” The U.S. company has joined the party that started last year with investments in...
What You Need to Know Today: Attention is turning toward Friday's USDA WASDE report, with traders looking for updated corn and soybean production estimates and revisions to domestic and global supply-and-demand balances. The report could help establish a clearer direction for grain price...
Key Takeaways: U.S. beef production is forecast to fall 10.5 percent in 2026 and remain unchanged in 2027, despite a mild recovery in fed cattle slaughter. Record beef imports will help offset shrinking domestic production, with imports forecast to increase 14.0 percent in 2026 and anoth...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e. lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the ma...
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