Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. President Donald Trump's plan for a 50 per cent tariff on goods from Brazil will likely raise prices for the beef that is used in American hamburgers, traders and analysts said on Thursday, as food manufacturers increasingly rely on imports during a time of declining domestic production.


U.S. livestock: Cattle prices down, hogs rise again

Live and cattle futures on the Chicago Mercantile Exchange retreated for a second session, while lean hogs extended their rally. The August live cattle contract declined by 12.5 U.S. cents per hundredweight to end the day at US$223.550 and showing a weekly gain of US$1.350. October live cattle lost 50 cents/cwt. to close at US$219.825,[...]