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One American dinner staple faces a historic shortage with no quick fix

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One American dinner staple faces a historic shortage with no quick fix

Relief from high beef prices may depend on something that can’t be fixed overnight: rebuilding America’s shrinking cattle herd.

America’s ranchers are facing their smallest cattle herd in 75 years, a shortage now rippling from pastures to some of the nation’s largest meatpackers.

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Tyson Foods announced last week that it will close beef facilities in Illinois and Utah and pursue the sale of another in Washington as it reshapes its beef business amid what the company called one of the most historic cattle shortages the country has ever experienced. Tyson said recent USDA data suggest supply constraints are likely to persist.

THE UNEXPECTED FORCE KEEPING BEEF PRICES HIGH AND WHY THE PRESSURE COULD LAST FOR YEARS

USDA data shows the U.S. entered 2026 with about 86.2 million cattle and calves, the smallest herd since the early 1950s. That’s down from roughly 94.7 million cattle and calves in 2019, a decline of more than 8 million animals.

Rebuilding that lost supply will take time, particularly after years of conditions that pushed ranchers to shrink their herds.

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Chief among them is persistent drought.

“The biggest thing has been drought,” Eric Belasco, head of the agricultural economics department at Montana State University, previously told Fox News Digital.

He said years of dry weather have depleted grasslands across the West and Plains, leaving ranchers without enough feed or water to sustain their herds. Many have been forced to sell cattle early, including cows needed to produce the next generation of calves, making the road to recovery even longer.

The effects are reaching beyond ranches and into grocery stores, where consumers are paying more for beef.

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IN TEXAS CATTLE COUNTRY, ONE RANCHER WELCOMES TRUMP’S FOCUS ON DECADES OF THIN MARGINS

According to USDA data, the retail value of Choice beef rose from about $8.51 per pound in August 2024 to $10.49 per pound in July 2026, an increase of roughly 23%.

Behind that price pressure is a cattle supply crunch that experts say has been years in the making.

“The biggest thing has been drought,” Eric Belasco, head of the agricultural economics department at Montana State University, previously told Fox News Digital.

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BEEF PRICES ARE CLOSE TO RECORD HIGHS — BUT AMERICANS AREN’T CUTTING BACK

A rancher looks at cattle through a window.

The U.S. cattle herd has fallen to its smallest level in 75 years. (Jonne Roriz/Bloomberg/Getty Images / Getty Images)

He said years of dry weather have depleted grasslands across the West and Plains, leaving ranchers without enough feed or water to sustain their herds.

Many have been forced to sell cattle early, including cows needed to produce the next generation of calves, making the road to recovery even longer.

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For consumers waiting for cheaper beef, the path to relief starts with rebuilding America’s cattle herds, a process that could take years.

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How the Right POS System Can Improve Everyday Business Operations

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How the Right POS System Can Improve Everyday Business Operations

Every successful business depends on smooth daily operations. From processing customer payments to tracking inventory and managing sales, having the right technology can save valuable time while improving the customer experience.

That’s why many businesses are investing in modern card readers and POS systems that simplify payment acceptance and business management.

Consumers increasingly expect businesses to accept multiple payment methods, including contactless cards, mobile wallets, and traditional debit or credit cards. Businesses that offer these options create faster checkout experiences and reduce friction during purchases, helping customers leave with a positive impression.

A POS system is much more than a payment terminal. It acts as the operational hub for many businesses, bringing together payment processing, product management, inventory tracking, sales reporting, and employee management into one solution. This centralized approach reduces administrative work while improving overall efficiency.

For small businesses and growing retailers, choosing technology that’s easy to learn is equally important. Complicated systems often require extensive training and can slow down operations during busy periods. Modern POS platforms are designed with intuitive interfaces, allowing staff to quickly process sales and serve customers with confidence.

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SumUp has become a popular choice for businesses looking for reliable payment technology without unnecessary complexity. Its range of card readers and POS products helps merchants accept payments securely while supporting day-to-day business operations. Whether operating from a physical storefront or attending local events, businesses can benefit from flexible payment solutions.

One reason businesses appreciate SumUp is its portable card reader options. Compact devices allow merchants to accept payments wherever customers are, making them ideal for market stalls, delivery businesses, mobile services, cafés, and independent retailers. This flexibility supports sales opportunities beyond traditional checkout counters.

As UK businesses prepare for the continued rollout of Making Tax Digital (MTD), choosing the right payment and POS solution has become even more important. MTD requires businesses to keep digital records and submit tax information electronically to HMRC. SumUp is fully compliant with MTD and integrates with the system, helping merchants manage their records more efficiently without the need for additional software or complicated workflows. By using an MTD-ready solution, businesses can stay ahead of the upcoming requirements while reducing administrative hassle and focusing on serving their customers.

A complete POS solution also helps businesses stay organized behind the scenes. Inventory management tools make it easier to monitor stock levels, while digital sales reports provide valuable insights into purchasing trends. Business owners can quickly identify popular products, monitor revenue, and make informed decisions about future inventory planning.

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Customer service also benefits from modern payment technology. Faster transactions reduce waiting times, digital receipts provide added convenience, and reliable payment processing helps build customer confidence. A smooth checkout experience often encourages repeat visits and strengthens customer relationships over time.

As businesses expand, scalable payment systems become increasingly valuable. Whether adding new staff members, introducing additional product lines, or opening another location, flexible POS solutions can support growth without requiring businesses to completely replace their existing payment infrastructure.

Security remains another important consideration. Trusted payment providers use secure payment technologies and industry-standard protection measures to safeguard sensitive payment information throughout every transaction. This helps businesses maintain customer trust while meeting payment security expectations.

Today’s competitive marketplace requires businesses to balance efficiency, customer satisfaction, and operational control. Investing in dependable payment technology allows merchants to simplify daily tasks while providing customers with convenient payment options.

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For businesses seeking practical payment solutions, SumUp offers a combination of user-friendly card readers and integrated POS products designed to support everyday operations. By helping merchants accept payments efficiently, manage sales, and monitor business performance, SumUp enables businesses to spend less time on administration and more time delivering excellent customer experiences and pursuing long-term growth.

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The Real Cost of Getting Customs Wrong

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The Real Cost of Getting Customs Wrong

Businesses tend to budget for freight, warehousing, and insurance without thinking too hard about customs, right up until a shipment gets held and the cost of the delay dwarfs whatever they were trying to save by handling declarations in-house.

Customs clearance UK services can help businesses manage declarations, documentation and compliance requirements more efficiently, but the real cost of customs isn’t the clearance itself. Getting it wrong is.

Import and Export Aren’t the Same Job

It’s easy to assume the same skillset covers both directions, but import and export clearance ask for different things. Bringing goods into the UK means proving origin, value and classification, and settling the duties and VAT that follow from those figures. Sending goods out means preparing an export declaration and the documentation the destination country expects, which varies enough between markets that a process built for shipping to the EU won’t necessarily hold up for a shipment going further afield. A business trading in both directions with the EU needs a team, or a partner, comfortable with both sides.

The Paperwork Nobody Mentions Until It’s Needed

Import and export declarations get most of the attention, but they’re not the whole picture. An Entry Summary Declaration gives customs advance notice of goods entering a territory, and the rules around it, including the newer ICS2 requirements for EU-bound movements, have genuinely changed the compliance landscape over the past couple of years. Missing this isn’t usually catastrophic, but it does mean extra questions at the border that a properly prepared shipment wouldn’t have faced.

Dover Is a Special Case

Road freight through Dover carries its own pressure, simply because so much UK-EU trade funnels through one crossing. A delay there doesn’t stay contained to that one shipment; it ripples into whatever delivery schedule depended on it arriving on time. Businesses that ship through Dover regularly tend to build in more preparation time than they would for a less concentrated route, and that’s a reasonable instinct.

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What a Customs Hold Actually Means

A shipment being held at customs sounds worse than it usually is. In most cases it means HMRC wants additional information, not that anything is wrong with the goods themselves. The reasons are fairly predictable: missing documentation, a classification question, an inspection that’s simply part of the process, an unpaid or miscalculated charge, or an incomplete safety and security filing. Figuring out which of those applies is the fast route to resolution, and it’s exactly the kind of thing a specialist who deals with HMRC regularly can usually sort out faster than a business calling in for the first time.

Duties and VAT Are Not an Afterthought

The amount owed on an import depends on the goods, their value, their origin and any applicable trade arrangement, and getting the classification wrong doesn’t just risk a compliance issue, it risks paying the wrong amount, which creates its own headache later. Working out the likely landed cost before placing an order, rather than after the goods have shipped, is one of the simplest ways to avoid an unwelcome surprise on arrival.

Broker or No Broker?

Plenty of businesses with the right internal knowledge manage their own customs procedures without any trouble. Where it tends to break down is with frequent or more complicated movements, where a broker’s day-to-day familiarity with declarations, classification, duties, VAT and transit arrangements saves considerably more staff time than it costs. Zelir Logistics, which operates its own Z|Clear customs portal alongside its declaration services, positions this as the practical trade-off: pay for expertise, or pay in staff hours spent interpreting requirements that change more often than most businesses have time to track.

The businesses that get caught out are usually the ones somewhere in the middle: shipping too often for the occasional-shipper approach to work, but not yet shipping enough to justify a dedicated in-house customs function. That’s typically the point where a broker relationship pays for itself fastest, since the alternative is either an expensive internal hire or a pattern of avoidable delays that quietly cost more than the broker’s fee would have.

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The Checklist That Actually Matters

Before a shipment moves: is the description accurate, is the commodity code right, does the declared value match the paperwork, are the importer and exporter details consistent across every document, are the required declarations and supporting paperwork ready, and have duty, VAT, transit and any safety-and-security requirements been thought through. It’s a short list, and most avoidable delays trace back to one item on it being skipped.

For anyone wanting the underlying rules rather than a summary of them, HMRC publishes its full current requirements at gov.uk.

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2030 petrol and diesel ban: FairFuelUK urges rethink

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2030 petrol and diesel ban: FairFuelUK urges rethink

Campaign group FairFuelUK has called on the government to scrap the 2030 ban on sales of new pure petrol and diesel cars, after the Department for Transport reaffirmed that the deadline remains in place alongside a 2035 cut-off for new hybrids.

The call follows a change of direction in Brussels. In December 2025 the European Commission proposed to soften its planned 2035 ban on new combustion-engined cars, replacing a 100 per cent zero-emission requirement with a 90 per cent tailpipe emissions reduction target.

Under the Commission’s draft, there is no absolute end date for new petrol and diesel cars in the EU. The remaining 10 per cent of emissions can be offset through measures including low-carbon steel and sustainable fuels, allowing some combustion-engined vehicles to stay on sale indefinitely.

The UK is taking a different path. The government confirmed in April 2025 that sales of new pure petrol and diesel cars will end in 2030, with new hybrids permitted until 2035.

FairFuelUK says analysis published on its website shows the 2030 ban will cost at least five times its claimed environmental benefits, and has asked why the UK has not followed the EU’s revised approach.

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Howard Cox, founder of FairFuelUK, said: “Keeping the 2030 ban will cripple the UK economy and will not accelerate the uptake of expensive EVs. The Government is forcing them onto us without consultation and is relying on subsidies and tax breaks to bribe us all into submission. And the national grid simply cannot cope with the extra load required to keep the nation fully charged.”

He added: “The rest of Europe has sensibly put back its ban on new fossil-fuel car sales. Wanting to lead the way with an ill-informed, clueless approach that wrecks the UK economy for pure ideology makes no sense whatsoever.”

Cox said: “British motorists, manufacturers and jobs are being sacrificed on the altar of a target that independent analysis proves delivers vanishingly small climate returns at enormous economic cost. Drivers deserve better than this. Scrap the 2030 ban now – before the damage becomes irreversible. The war on the motorist remains at the heart of Labour’s ignorance of how to make the economy grow.”

The group said it is urging the government to “follow the evidence” and abandon the policy, which it says affects 37 million UK motorists.

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The government has defended its timetable. In a written statement to Parliament in January 2025, the Department for Transport said the transition is backed by more than £2.3 billion of support for manufacturers and consumers, alongside a package it says will support £6 billion of private investment in charging infrastructure by 2030.

Ministers have also faced calls from carmakers to rethink the 2030 deadline. The government’s April 2025 response followed a review of its EV sales targets under the zero emission vehicle mandate, which sets the share of new cars that must be zero emission each year in the run-up to 2030.

In its April 2025 response, the government said its decision gives “clarity on technology and emissions reduction requirements that will apply post-2030”. It has not indicated any plan to revisit the 2030 date in response to the EU’s proposal.


Amy Ingham

Amy Ingham

Amy Ingham is a reporter at Business Matters, covering UK business news with a focus on breaking news, business policy, late payments and insolvency. She joined the magazine in 2026 after completing the NCTJ Diploma in Journalism at Harlow College’s journalism school. Her recent reporting includes British Steel’s nationalisation and its impact on SME suppliers, the decline in late payments by large firms, and Insolvency Service director disqualifications. Reach her at aingham@cbmeg.co.uk.

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New Zealand’s a2 Milk posts 44% fall in full-year profit

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New Zealand’s a2 Milk posts 44% fall in full-year profit

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Ferrari’s electric car Luce sells for $40 million at charity auction

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Ferrari’s electric car Luce sells for $40 million at charity auction

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Exclusive | Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter

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Exclusive | Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter

Federal prosecutors digging into Mark Walter’s business empire are focused on four entities that served as intermediaries between insurance companies he controlled that made loans to businesses that he also controlled, according to people familiar with the matter.

Prosecutors and the Securities and Exchange Commission are investigating whether Walter, the chief executive of Guggenheim Partners who owns the Los Angeles Dodgers and various other businesses, or his companies committed fraud by concealing financial connections while borrowing billions of dollars from insurers he controls.

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Thailand News Roundup: Rescues, Tragedies, and Economic Developments

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Asia's Industrial Supercycle awakens

Thailand has been at the center of a diverse range of news stories recently, spanning dramatic rescues, tragic losses, sporting achievements, and significant economic shifts. This summary covers the most notable developments across safety incidents, crime, sports, and the nation’s evolving trade landscape.

Dramatic Sea Rescue Captures Global Attention

One of the most compelling stories involves a family stranded at sea for 16 hours after their jet ski capsized off the coast of Thailand. According to multiple outlets including BBC and CBS News, a father and his two young sons were eventually rescued after floating for over sixteen hours near a Thai island. The Bangkok Post and other sources indicate the family—reportedly French nationals—endured a harrowing overnight ordeal before being located. Separately, four foreign divers were also found safe after failing to surface during a diving expedition, highlighting ongoing concerns about water safety protocols in Thailand’s popular tourist diving spots.

Tragic Deaths Shake Communities

Thailand has witnessed several tragic deaths recently. Jessica Bang, an 18-year-old Australian golfer considered a rising star, died from a brain haemorrhage while preparing for a tournament in Thailand. Her death has been widely covered by CNN, Fox News, Al Jazeera, and other international outlets, with tributes pouring in for the young athlete’s promising career cut short.

In a separate incident, an Israeli man was found dead in a Bangkok hotel, according to the Jerusalem Post, adding to a series of concerning incidents involving foreign nationals in Thailand. Additionally, an Israeli motorcyclist was killed in a crash, and an Israeli mother and daughter were reportedly badly beaten on Koh Phangan, with the suspect later released on bail—a development that has drawn criticism from victims’ families and diplomatic circles.

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School Shooting Aftermath Continues

The devastating school shooting near Bangkok, which claimed at least nine lives including a 12-year-old girl, continues to generate significant coverage. The BBC, CNN, and Time Magazine have extensively documented what is being called Thailand’s deadliest school shooting in years. In response, the Thai government has moved swiftly to tighten gun controls and suspend gun licences, with authorities cremating the teenage shooter and his grandparents amid ongoing investigations into the tragedy’s causes.

Sporting Success on the Regional Stage

On a more positive note, the Thailand national football team has demonstrated strong form in the ASEAN Championship, defeating Singapore 3-1 in the first leg of their semifinal matchup. ESPN and CNA have highlighted how Thailand is “finding more than one way to win” in the tournament, with coach Anthony Hudson navigating personal friendships while maintaining competitive focus against Singapore’s Ilhan Fandi.

Economic Indicators Show Mixed Signals

Thailand’s economic outlook presents a complex picture. Reuters reports that second-quarter growth is expected to slow sharply due to weak consumer consumption, raising concerns among economists about the broader trajectory of Southeast Asia’s second-largest economy. Meanwhile, the South China Morning Post has examined how the exodus of Cambodian workers is exposing vulnerabilities in Thailand’s labor model, a story with significant implications for regional supply chains and manufacturing sectors.

Adding to economic pressures, Thailand has been placed on a US transshipment list, according to the Bangkok Post, while the kingdom simultaneously seeks relief from American tariffs. Officials have denied using military cooperation as leverage in these trade negotiations, according to The Diplomat. In more forward-looking economic news, Thailand is exploring a free trade agreement with the EAEU and has seen trade with existing FTA partners climb 21.8% in the first half of 2026.

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Tourism Policy Adjustments

Thailand continues to refine its tourism taxation framework, with officials advancing a proposed 450-baht tourist fee toward early 2027 collection. This development, covered extensively by Nation Thailand and FTN News, represents part of broader efforts to modernize tourism revenue collection while balancing the country’s reputation as an accessible destination.

Security and Regional Tensions

Thailand’s security posture has also evolved, with China deploying J-10C fighter jets for a joint air force exercise alongside Thai Gripens, signaling deepening military cooperation. Separately, Thailand is reportedly considering US LUCAS Kamikaze Drone production as part of a broader Indo-Pacific strategic shift, according to Defence Security Asia.

The ongoing Cambodia-Thailand border dispute has also seen diplomatic movement, with an Australian diplomat set to preside over conciliation efforts between the two nations, as reported by Global Arbitration Review.

Infrastructure and Development Reconsiderations

In a notable policy reversal, Thailand has scaled back its ambitious $30 billion “land bridge” project, with Reuters citing commercial viability concerns as the primary driver behind this decision. This represents a significant shift in the country’s infrastructure development strategy, suggesting more cautious fiscal planning moving forward.

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Conclusion

Thailand’s news landscape reflects a nation navigating complex challenges—from tragic losses and safety concerns to economic headwinds and evolving geopolitical relationships. While dramatic rescues and sporting victories offer moments of relief, the underlying stories of gun violence aftermath, labor market fragility, and trade tensions underscore the multifaceted pressures facing the country as it moves through 2026.

Source : Google News – Search

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Choosing Between a Domestic Corporation, OPC, or Branch Office in the Philippines

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Choosing Between a Domestic Corporation, OPC, or Branch Office in the Philippines

Foreign investment options in the Philippines include domestic corporations, One Person Corporations, or branch offices, each affecting legal, governance, liability, and future growth opportunities.

Business Formation Options in the Philippines

Foreign investors exploring entry options in the Philippines typically consider establishing a domestic corporation, forming a One Person Corporation (OPC), or registering a branch office of an existing foreign entity. Each choice provides a legal framework for operation but impacts various factors such as regulatory compliance, governance structure, liability, and future growth prospects. The decision influences whether the investment complies with local laws, how the business is managed, and the company’s capacity to attract capital or partners.

Legal and Sectoral Restrictions on Foreign Investment

Unlike some countries with more liberalized foreign investment policies, the Philippines imposes restrictions based on constitutional, statutory, and sector-specific laws, especially in industries deemed sensitive or strategic. Restrictions extend beyond ownership caps and include limitations on land acquisition, natural resources, mass media, utilities, and certain educational sectors. These regulations determine the permissible levels of foreign ownership and viable establishment structures for different industries.

Choosing the Right Structure for Your Investment

A domestic corporation offers maximum flexibility for evolving Philippine businesses, supporting multiple shareholders, joint ventures, and future capital raises. Conversely, an OPC caters to sole investors wanting full control without additional shareholders, suitable for wholly owned subsidiaries expected to maintain concentrated ownership. Understanding these options helps optimize legal compliance and business growth potential within the Philippines’ regulatory environment.

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Amazon-sold granola recalled nationwide over potential salmonella contamination

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Amazon-sold granola recalled nationwide over potential salmonella contamination

Granola marketed to breastfeeding mothers and sold nationwide is being recalled over concerns that it may be contaminated with salmonella.

The Hampton Grocer, Inc., a New York-based company, is recalling certain 8-ounce packages of its Lacnola Lactation Granola after an ingredient used in the product was linked to a positive salmonella test, according to a company announcement posted Aug. 14 by the U.S. Food and Drug Administration (FDA).

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The granola was sold nationwide through The Hampton Grocer’s website, Amazon and other online retailers between Oct. 21, 2025, and Aug. 12, 2026.

WALMART TOMATO BISQUE SOUP RECALLED OVER POSSIBLE LISTERIA CONTAMINATION

Woman pouring granola

The granola was sold nationwide through The Hampton Grocer’s website, Amazon and other online retailers. (iStock)

“The Hampton Grocers, Inc. of Montauk, NY is recalling Lacnola Lactation Granola, 8oz, because it has the potential to be contaminated with Salmonella, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems,” the announcement noted.

The recalled product comes in a pink stand-up pouch with UPC 850035324554. 

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Consumers should check their packages for either of the following lot codes and expiration dates:

  • HGLC-102125, expiration date Oct. 21, 2026
  • HGLC-021326, expiration date Feb. 13, 2027

POPULAR REESE’S, ALMOND JOY ICE CREAM BARS RECALLED OVER LABELING ERROR

Lacnola Lactation Granola recall

The recalled product is packaged in a pink stand-up pouch and carries UPC 850035324554 (U.S. Food and Drug Administration )

The lot code and expiration date are printed in black ink on the upper-left side of the back of the package.

No illnesses have been reported in connection with the recall, according to the notice.

The potential contamination was discovered after a supplier said one of its products tested positive for salmonella. The granola contains the same organic moringa powder used in that product.

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TOYOTA RECALLS 655K CAMRYS GLOBALLY OVER DISPLAY DEFECT THAT CAN KNOCK OUT SAFETY INDICATORS

Lacnola Lactation Granola recall

No illnesses have been reported in connection with the recall. (U.S. Food and Drug Administration )

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Production has been halted while the company and FDA investigate.

Consumers who purchased the recalled 8-ounce packages are being urged to throw them away and contact the place of purchase for a full refund.

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The Hampton Grocer could not immediately be reached by FOX Business for comment.

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SharkNinja CCO Neil Shah sells $5.5m in company stock

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