Record Meat Production Red meat production hit a record high for April at 4.522 billion pounds, split almost evenly between beef at 2.262 billion pounds and pork at 2.692 billion pounds. It has reached 17.859 billion pounds so far in 2019, which is 102 percent of the same period in 2018. Broiler production at 13.969 billion pounds is 100.9 percent of the first four months of 2018.
Trade Breakthrough The U.S., Canada and Mexico reached a deal to lift the tariffs on steel imports from the latter two countries to the U.S. as well as the counter-tariffs on U.S. prepared beef products shipped to Canada and pork exported to Mexico. The agreement hinged on Canada and Mexico adopting new monitoring and enforcement measures to prevent s...
Energy: Risk Over Rules Fighting between the United States and Iran over control of the Strait of Hormuz escalated overnight. Tehran accused U.S. forces of striking a residential area after U.S. Central Command said its second round of attacks in three days targeted Iranian radar systems and mi...
Key Takeaways: Paraguay typically ranks among the world’s largest soybean exporters, with roughly two-thirds of its production destined for export markets, although most shipments remain within South America. As a landlocked country, Paraguay relies heavily on the Paraguay-Paraná...
