While the United States sees high prices and contracting production, the Southern Hemisphere is experiencing increased production and lower prices, according to a new Rabobank report.

The group is concerned USDA’s recent final rule relied on outdated information.

USDA published a final rule after conducting a risk analysis on the importation of the product.

Several speakers emphasized the growth and challenges of the red meat industry.

The response was directed to the Office of the US Trade Representative regarding its 2024 National Trade Estimate Report.

Global importers remain cautious given disappointing holiday demand, currency volatility and rising geopolitical risk.

The Logistics Managers’ Index overviews shipping costs by rail, barge and train.

The products were imported from a country that is ineligible to export pork to the United States.

Beef exports continue to be below the record pace set in 2022.

Rabobank’s global poultry outlook indicates an improvement of 1.2%.