The American subsidiaries also showed strong numbers.

Sales for the company still rose by 9% for the year.

Deputy USDA Secretary Stephen Censky shares insights at Kansas City’s Ag Outlook Forum.

The $1.8 billion sale includes five operating companies.

The announcement was made at the G7 Summit.

The beef prediction for 2020 was raised by 145 million lbs., the agency reported.

Beef operations in North America and Australia remain strong, the company said.

The company is optimistic about export opportunities and prospects for its new product introductions.

The company focused on expansion and sustainability.

The agency also reported the first five months of production from the US.