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Global Beef Trade – Should We Worry?

Touch the Soil News #1492 (Feature photo – One of the World’s Largest Feedlots – Public Domain)

FoodMarket News brings us an interesting story about global food security. At the heart of the story is a new question: Would your country sell its food overseas at the risk of overpricing it at home?

With China in big trouble of a shortage of meat, it is tapping Brazil for more beef. As a result, people in Brazil are now facing escalating beef prices as global competition for the product heats up. In addition, Brazil is incented to slash and burn rainforests to produce more beef. Should the U.S. finalize its trade deal with China and start sending U.S. beef there to stabilize prices and help American farmers? You can read more of the story here:

https://www.foodmarket.com/News/A/1157744/0/Chinese-Demand-Pushes-Brazil-Beef-Prices-to-Record-High

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