9/27/2016 12:50:00 PM/Categories: General News, Today's Top 5, Livestock, Livestock Markets, Cattle, National News, International
Brazilian meatpacker Marfrig Global Foods SA, a JBS rival, announced on Sunday that it had shipped its first cargo of fresh beef to the United States, saying it was the first trade of that type ever done.
One day later, JBS SA said a container had left one of its plants heading to the American market.Brazil is expected to ship some 20,000 tons of beef to the United States this year.
The official, who is in charge of meatpacker JBS SA's division for the trade bloc formed by Brazil, Argentina, Paraguay, Uruguay and Venezuela, believes the United States will be among the five key markets for Brazilian fresh beef as soon as 2017.Brazil and the United States last month concluded a deal to allow for bilateral trade of fresh beef. As part of the deal, Brazil was included in a duty-free quota of 64,800 tons per year with other countries.
Brazilian fresh beef exports to the United States will be competitive even if subject to a 26.4 percent duty when shipped outside of a tax-free quota, Miguel Gularte, the head of JBS Mercosur, said on Friday.
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9/27/2016 5:28 PM
A sad day for American ranchers and our beef industry. And it does not have to be disclosed where it came from. This is so WRONG.
Judd W Schomp
9/27/2016 7:07 PM
BOOOOO. Kick congress to the curb. If you want great American beef, I raise it! Right here in South Dakota. The American consumer is getting screwed. These meats are not raised with the same regulations I have. I will gladly supply beef to any American that wants High quality meat that is guaranteed safe for consumption. This is a blow straight to the face to me form our government.
9/28/2016 10:34 AM
This is one of the dumbest things our congress could have done. Sure glad there looking out for there voters
9/28/2016 11:01 AM
I would think we are raising enough of our own beef. Why do we need to bring in low quality beef from Brazil?
9/28/2016 7:48 PM
Real nice politicians way to drive down beef prices in your own country and hurting ranchers in your own country.
9/28/2016 7:57 PM
Hopefully, American ranchers will insist that American beef be labeled raised and processed in the USA. If not, I won't be buying beef any longer, I'll raise my own. As a fruit grower I have to be proficient in knowing how to read those stupid stickers they put on every piece of fruit, but I'll be damned if I will support fruit from another country that has no incentive to abide by FDA regulations and is running the ME an American farmer out of business.
9/29/2016 12:11 AM
Buy Montana Beef / Any USA Beef, Best in the Universe!! We don't need imported beef
10/25/2016 10:53 PM
Let's demand to know who is in an ownership capacity of these South American Beef Export companies, and research their political ties to our crooked American Politicians. As an American, and a small Beef producer, I find it ridiculous that our BEEFmarket prices have plummeted, due not only to year over year cattle production being increased, but also due to an over abundance of boxed Beef in cold storage, and in spite of all of that, we find it necessary to import Beef, when American producers are sitting on inventory, incurring additional input costs , in order to try to hang on long enough for our inventory to be worth what it costs us to carry our herds through the Winter. Makes a lot of sense, huh ???
Is the growth in the beef cow herd starting to slow down?
For the third time in 2017 the Fed has raised interest rates. The economy is healthy but what will be the effect of the tax overhaul?