• Skip to primary navigation
  • Skip to main content
Texas and Southwestern Cattle Raisers Association

Texas and Southwestern Cattle Raisers Association

To Honor and Protect the Ranching Way of Life

  • Who We Are
    • Why Join
    • Leadership
    • Staff
    • Allied Members
    • FAQs
    • Newsroom
    • Sponsorships
    • Employment
  • What We Do
    • Theft and Law
    • Issues and Policy
    • Education
    • Young Cattle Raisers
    • The Cattleman Magazine
    • Cattle Raisers Insurance
    • Cattle Raisers Trading Co
  • Events
    • Cattle Raisers Convention
    • Summer Meeting
    • Policy Conference
    • Ranch Gatherings
    • Ranching 101
  • Membership Center
    • Membership Center Instructions
  • Join
  • Renew
  • Show Search
Hide Search

Japanese-based Marubeni acquires US beef packer

According to the Nikkei Asian Review, Japanese trading house Marubeni has added a U.S. beef processor to its portfolio, anticipating greater exports to China after Beijing lifted a long-standing ban on meat from American cattle in June. Creekstone Farms, a distributor of premium beef, has been acquired in a deal worth about $170 million, including liabilities. With the resumption of American beef exports to China, Marubeni expects the country’s appetite for the meat to grow as its middle class expands. Creekstone, which recorded $550 million in sales last year, processes beef for sale to supermarkets and restaurants. It is the 12th biggest U.S. beef producer by volume and among the top processors of premium beef. In 2016, Creekstone processed about 250,000 head of cattle, with about 80 percent of the beef going to U.S. consumers and the rest shipped to Europe, Japan and other countries. Read more…

Written by:
kristin
Published on:
July 24, 2017

Categories: General

Recent Posts

Crime Watch: Cattle missing near Fort Worth

July 7, 2022

Texas & Southwestern Cattle Raisers Association Special Ranger Marvin Wills, District 15 in …

Continue Reading about Crime Watch: Cattle missing near Fort Worth

Crime Watch: Pickup stolen near Castroville

July 7, 2022

Texas & Southwestern Cattle Raisers Association Special Ranger Tony Ashley, District 28 in …

Continue Reading about Crime Watch: Pickup stolen near Castroville

Texas crop progress and condition for July 6

July 5, 2022

While isolated areas of the Upper Coast received considerable rainfall, most of the state received …

Continue Reading about Texas crop progress and condition for July 6

Footer

Who We Are

Why Join
Leadership
Staff
Allied Members
FAQs
Newsroom
Sponsorships
Employment

What We Do

Theft and Law
Issues and Policy
Education
Young Cattle Raisers
The Cattleman Magazine
Cattle Raisers Insurance
Cattle Raisers Trading Co.
Texas and Southwestern Cattle Raisers Association

Information

Cattle Raisers Blog
News Releases
Bereavements
Events
Media Kit
Tip Hotline
Get Involved
Links

Membership

Membership Center
Membership Center Instructions
Join
Renew
  • Email
  • Facebook
  • Instagram
  • Twitter
  • YouTube

PO BOX 101988
FORT WORTH, TX 76185

1-800-242-7820

© 2022 Texas and Southwestern Cattle Raisers Association; All Rights Reserved.

COPYRIGHT | PRIVACY POLICY | TERMS OF USE

We Live For This Land