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…
Recent Posts
TSCRA commends USDA’s continued border closure to combat spread of New World screwworm
FORT WORTH, Texas (July 9, 2025)— Texas & Southwestern Cattle Raisers Association President Carl …
Crime watch: Black Angus bull missing in Coleman County
Texas & Southwestern Cattle Raisers Association Special Ranger HD Brittain, District 19 in West …
Continue Reading about Crime watch: Black Angus bull missing in Coleman County
Texas Ranch Receives Regional Environmental Stewardship Award
SAN DIEGO (July 8, 2025) – McFaddin Ranch in Victoria, Texas, was recognized today by the National …
Continue Reading about Texas Ranch Receives Regional Environmental Stewardship Award