Business insights for the global leather community

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An update on Trump’s beef strategy

The Trump administration is taking a two-track approach to the U.S. beef market, which is intended to increase imports to bring down prices in the short term while boosting domestic production and processing capacity over the longer term. Read More...

U.S. beef market strains under pressure

The U.S. beef market is facing a combination of tight domestic cattle supplies, record-high prices and political pressure over how to increase supply and reduce costs for consumers. Read More...

Tyson Foods restructures beef network

Tyson Foods is restructuring its beef operations in response to the U.S. cattle shortage, which it expects to persist amid continued limited heifer retention, according to recent USDA inventory data. Read More...

USDA commits US$500m to support independent beef processors

The US Department of Agriculture (USDA) has launched a new initiative worth up to US$500 million to help small and medium-sized beef processors maintain slaughter capacity, as the U.S. cattle herd remains at its lowest level in more than 70 years which has driven record cattle prices and squeezing processor margins. Read More...