S&P 500   5,011.12
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities

US lifts Brazilian beef import ban amid quality concerns

DES MOINES, Iowa (AP) — The federal government has decided to once again allow raw beef products to be imported into the United States from Brazil, a move that has angered some cattlemen and food safety groups who are voicing concerns about the quality of the meat.

A spokeswoman for the U.S. Department of Agriculture’s Food Safety and Inspection Service said Friday the agency recently conducted on-site audits of Brazil’s raw beef production facilities to verify improvement in practices since 2017, when the USDA suspended importation of Brazilian beef over safety concerns.

“FSIS confirmed that Brazil has implemented necessary corrective actions and has determined that Brazil’s food safety inspection system governing raw intact beef is equivalent to that of the U.S.” the agency spokeswoman said.

She said the suspension ended Friday. Raw beef from Brazil will be “subject to re-inspection” at U.S. ports of entry, she said.

A spokesman for the National Cattlemen’s Beef Association said the group has concerns about quality given Brazil’s history of foot-and-mouth disease and its record of repeated food safety violations at ports-of-entry.

“You can rest assured that NCBA will keep an eagle eye focus on all developments with Brazil and we expect nothing less than the highest level of scrutiny from USDA and customs officials,” said Kent Bacus, the group’s senior director of international trade and market access, in a statement.

Environmental and food safety group Food & Water Watch Action said it’s not convinced product quality issues have been resolved.

“It took two U.S. taxpayer-funded audits this past year for Brazil to have allegedly gotten its act together. We are not convinced," said Tony Corbo, a spokesman for the group.

He said consumers will be taking a gamble every time they eat beef in the United States because there will be no country-of-origin labeling requirements on Brazilian beef.

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