JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.
Deregulation in the feed sector is seen as a response to tariffs
U.S. trade deficits with Canada and Mexico have more than doubled folowing transition from NAFTA to CUSMA
Many cattle were moved to U.S. feedlots to avoid tariffs, which may have resulted in higher risk tolerance
Fractions of a degree of change in ocean tempartures impacts weather patterns for ag producers in caring for their livestock and crops