Food safety officials lifted a ban on Friday on Brazilian beef imports, introducing a potential windfall for multinational meatpackers and significant threats to American ranchers and consumers.
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Last month, the nation’s fourth-largest beef packer, National Beef, announced plans to take over Sysco-owned Iowa Premium, a regional packer focused on processing Black Angus steers for the Upper Midwest. National Beef is majority owned by Brazilian firm Marfrig.
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