Brazil's beef exports to China will be halted starting Thursday after a case of mad cow disease was confirmed in the northern state of Para, the country's agriculture and livestock ministry said on Wednesday.
Do tariffs fuel inflation? John Phipps's Customer Support segment explains why economists have struggled to come up with estimates of economic effects due to lingering COVID influence on world business.
Diesel prices hit historic highs this week. Due to increased demand and a drop in production, a diesel shortage may be looming as the largest diesel distribution hub in the U.S. is sitting on supplies at a 30-year low.
Cattle markets were hit hard Thursday on news of Russia's invasion of Ukraine. Higher grain prices drove feeder cattle prices as much as $5 lower on CME feeder cattle futures and more than $2 lower for CME Live cattle.
Brazil has suspended beef exports to China after confirming two cases of “atypical” bovine spongiform encephalopathy (BSE) in two separate domestic meat plants, the agriculture ministry said on Saturday.