Latest news with #beef
News.com.au
2 hours ago
- Business
- News.com.au
China's restaurants replace American beef with Australian beef amid trade war: reports
Restaurants in China are reportedly switching out American beef for Australian beef due to Donald Trump's tariffs. The US President triggered a trade war with Beijing by slapping meaty tariffs on Chinese goods. An ensuing tit-for-tat escalation peaked with the US imposing 145 per cent levies on Chinese products and China imposing 125 per cent duties on American products. Both sides have since backed down, with Washington agreeing to 30 per cent imposts on goods from China and Beijing agreeing to 10 per cent on US imports. But the tariffs have still hiked American beef supply costs for restaurants in the Chinese capital, prompting them to look to tariff-free Australian beef. Chinese state media reported on Tuesday that an American-themed restaurant in Beijing had made the switch because of 'cost pressures and declining supply stability of US imports'. The Global Times reported it spoke with a staff member at a 'branch of a restaurant famous for its American-style barbecue in Beijing'. The staff member said the restaurant 'stopped serving imported beef from the US starting from about one month ago due to the impact of tariffs', the Chinese government mouthpiece reported. The Global Times did not name the chain, but US business news channel CNBC has also reported that restaurants in Beijing are changing to Australian beef, including one eatery's 'The Great American' burger. A beef supplier told the network that American 'beef is fattier and tastier' but the 'high price is just too much to bear'. Australian beef is exported to China without any duties under the China-Australia Free Trade Agreement.
CBC
13 hours ago
- Business
- CBC
Meet P.E.I.'s new Livestock Champion: Her mission is to grow the Island's beef herd
Ellen Davis has been travelling to farms across Prince Edward Island talking to beef producers. Her mission: Increase the size of the beef herd on P.E.I. by giving farmers advice and helping them tap into government incentives. The job is funded by the P.E.I. government, the Cattle Producers Association and Atlantic Beef Products. CBC's Nancy Russell has the story.
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Travel + Leisure
a day ago
- Business
- Travel + Leisure
These Are the Meals Travelers Really Want to Eat Inflight—and Why
American travelers eat beef on the flight home. 'Beef is the top-selected choice through our pre-select program,' Stephanie Laster, Delta's managing director of onboard services, tells Travel + Leisure, referencing customer data for flights returning to the U.S. Delta made headlines in December 2024 when it started serving Shake Shack's iconic cheeseburger at cruising altitude. The burger in question is currently available on flights of more than 900 miles departing from Boston, Atlanta, Los Angeles, Seattle, and New-York LaGuardia. This weekend, the Shake Shack burger continued its national expansion, launching in Orlando, Minneapolis, Salt Lake City, New York-JFK, Miami, San Francisco, and Las Vegas. This means the Shake Shack burger will now be available when flying out of all the primary U.S. Delta hubs. 'A burger has always been something we've rotated, especially on Delta One as you're coming back into the United States,' Laster says. Beef short rib is another favorite, she adds, along with the Jon & Vinny meatballs, which were previously only offered to those flying out of L.A., but are now available on other domestic flights because the braised beef meatballs in marinara garnered so many loyal fans. 'It shouldn't surprise us that food that transports well for us by delivery services and takeout would work really well in the sky,' says Paul Tumpowsky, an aviation expert and T+L A-List advisor. Tumpowsky and Laster both suggest that it's not the elaborate dégustation that hits in the sky, but the well-executed comfort foods. 'Some airlines put such huge effort into getting a Michelin star at 35,000 feet, and they are never going to get it,' Tumpowsky says. The most memorable meal he's had on a flight? 'It was a burger on Cathay Pacific. It photographed well, it looked good, and it tasted great at 35,000 feet.' It's the lower-lift preparation paired with the highly detailed presentation that seems to have the biggest impact on travelers. The Shake Shack burger is heated with cheese in Delta's first-class ovens and the buns are warmed; the guest then adds the pre-packaged lettuce, onion, tomato, pickle, and Shake Shack-branded sauce. T+L aviation reporter Chris Dong, who tried Delta's Shake Shack burger on two flights, says it was 'surprisingly tasty and pretty close to what you'd get on the ground,' in a recent video. He notes that it's a more 'DIY burger' while the Cathay Pacific offering comes fully assembled—and with fries. The burger on Delta comes with a Shake Shack brownie, Caesar salad, and Miss Vickie's chips. Delta and Cathay aren't the only airlines bringing takeout staples to the friendly skies. EVA Air has been serving Din Tai Fung's soup dumplings to business-class passengers for years, first debuting xiao long bao on flights between Taipei and Tokyo's Haneda airport in 2002. It has more recently expanded the offering to business-class cabins on routes departing Taipei to five North American destinations, including Vancouver and Los Angeles. It's the presentation that makes the experience; 'We specially designed the in-flight presentation of xiao long bao using traditional bamboo steamers to recreate the authentic dining experience of the restaurant,' an EVA Air spokesperson tells T+L. Dim sum from Din Tai Fung on board an EVA Air flight. EVA Air As Delta continues to look at inflight behavior and cravings, the Onboard Services team always comes back to indulgence. 'We know customers generally want to enjoy that beef, the ice cream sundae, and the glass of red wine on board. I always say it seems like calories don't count in the sky,' Laster says. Of course, there are complaints and slip-ups: one of Dong's inflight Shake Shack burgers was slightly overcooked, and among the excellent customer feedback Delta receives about the new burger, a common refrain is, but where are the fries? 'Shake Shack has well-established processes in their stores and to then adapt it for the air, there was a lot of planning that went in, and a lot of research and development and testing, both on the ground and in the air, before we ever even launched," Laster says. "Setting our caterers up for success as well as our flight attendants, is critical. We want to make sure we can deliver products consistently." Though the flight attendants only heat the burgers with the cheese and the bun, serving it at 35,000 feet takes a lot more preparation than the average Friday night delivery meal. And to Tumpowsky's point, it's the simpler meals that are more easily replicated in the sky that most excite travelers. More than a third of customers who are pre-selecting the Shake Shack burger then order it again on their next flight, per Laster. The branded comfort foods that foodies favor when ordering takeout have staying power at 35,000 feet—see also: United's pre-packed Magnolia Bakery banana pudding. It's only a matter of time before Carbone's spicy rigatoni or Dave's hot chicken make it to a first-class cabin departing from a city near you. Just don't expect anyone to ask if you'd like fries with that.
Free Malaysia Today
5 days ago
- Business
- Free Malaysia Today
Brazil declared free of foot-and-mouth disease without vaccination
Brazilian companies exported beef worth nearly US$13 billion last year. (AFP pic) SAO PAULO : The World Organization for Animal Health has recognised Brazil, the world's leading beef exporter, as a country free of foot-and-mouth disease without vaccination, a Brazilian official and a spokesperson for the intergovernmental body said. Brazilian lobbies representing some of the largest Brazilian meatpackers, including JBS, Minerva and Marfrig, said the development was historic, as it can help Brazil to win new markets. 'The new status will be announced on June 6 at a formal ceremony after a meeting between President Lula and WOAH director general Emmanuelle Soubeyran,' Brazil's chief veterinary officer Marcelo Mota told Reuters on the last day of a WOAH conference in Paris. Last year, Brazilian companies exported beef worth nearly US$13 billion to countries including China, the United Arab Emirates and the United States, which has increased imports from Brazil because of a scarcity of cattle for slaughter. The change in status can be used as a 'strategic asset' in talks to open markets with strict standards, such as Japan, Brazilian beef lobby Abiec said in a statement. It added the Philippines and Indonesia have expressed interest in importing beef offal based on the health status. 'The new status also brings new challenges and responsibilities for all actors involved,' Abiec said, alluding to maintaining the herd in adequate sanitary conditions. The long-sought change had been anticipated by Brazilian authorities, including agriculture minister Carlos Favaro. In May 2024, when Brazil announced the end of the vaccination cycle against foot-and-mouth disease, Favaro said it moved Brazil 'to the next level of the world's health elite'. At the time, Brazil's goal of being free of foot-and-mouth disease without vaccination by 2026 was brought forward to 2025, the ministry said. The Brazilian agriculture ministry did not immediately respond to a request for comment on Thursday.
Globe and Mail
26-05-2025
- Business
- Globe and Mail
What Cattle-on-Feed Report, EU Tariffs Mean for Live and Feeder Cattle Futures
The United States Department of Agriculture released its monthly cattle-on-feed report for May on Friday. The report showed U.S. cattle and calves on feed for the slaughter market for feedlots with capacity of 1,000 or more head totaled 11.4 million head on May 1. The inventory was 2% below May 1, 2024. Cattle placed in feedlots during April totaled 1.61 million head, down 3% from the same time last year. Net placements were 1.56 million head. During April, placements of cattle and calves weighing less than 600 pounds were 310,000 head, 600-699 pounds were 225,000 head, 700-799 pounds were 370,000 head, 800-899 pounds were 443,000 head, 900-999 pounds were 195,000 head, and 1,000 pounds and greater were 70,000 head. Marketings of fed cattle during April totaled 1.83 million head, 3% below the same time in 2024. Other disappearance totaled 50,000 head during April, 11% below 2024. While the cattle-on-feed report is deemed neutral for price action in cattle futures, the data still favors the bullish camp due to lower placements and lower marketings than last year. Meanwhile, USDA's monthly cold storage report was also released on Friday afternoon. The agency reported U.S. beef stocks totaled 418.1 million pounds, down 7 million from March, which was less than the five-year average decline of 16.5 million pounds during the month. U.S. beef inventories declined 8.2 million pounds (1.9%) from the same time last year and 52.1 million pounds (11.1%) from the five-year average. Cattle Futures Bulls Continue to Show Resilience Trading action in live cattle (LEM25) and feeder cattle (GFQ25) futures last Friday was impressive for the bulls despite the modest price gains. This is because of the keener risk aversion in the general marketplace Friday following social media posts from President Donald Trump that sunk the U.S. stock market. The near-term technical chart postures for the live and feeder cattle futures markets continue to be overall price-bullish. There are no early, strong technical clues that market tops in live and feeder cattle futures are close. Cash Cattle and Beef Market Fundamentals Remain Solid USDA last Friday at midday reported cash cattle trading up to that point in the week was around $229.50 a hundredweight for steers and heifers. The week prior's average cash cattle trading averaged a record-high $226.45, according to USDA. So, it looks like last week's average cash cattle trading price will set yet another record high and keep alive a string of record-high weekly average cash prices. The noon beef report Friday showed wholesale boxed beef values continued to work higher. Choice cutout was up another $0.82 to $361.79, while Select rose $2.10 to $351.05. Choice and Select grade beef prices remaining at historically elevated levels suggests still-strong consumer and retailer demand for beef. The Memorial Day weekend kicked off the unofficial start of summer and the outdoor grilling season. That suggests continued strong consumer and retailer demand for beef in the coming weeks. However, it's likely that risk appetite in the general marketplace and consumer confidence will have to remain upbeat for cattle and beef prices to remain at their historically elevated levels. Trump late last week recommended a straight 50% tariff on goods from the European Union starting on June 1, and that's what dented risk appetite Friday. He has since delayed those tariffs until July 9. Important for cattle market bulls, the U.S.-global trade situation cannot deteriorate further. If the situation worsens, it's likely the cattle and beef markets have seen their prices peak. The EU is a big purchaser of U.S. agricultural goods and trade talks at present appear to be tense. Tell me what you think. I enjoy feedback from all my valued Barchart readers around the globe! Email me at jim@
