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Market Impact: 0.1

USDA Says Argentine Beef That Missed Inspection Is Recalled

Regulation & LegislationConsumer Demand & Retail

The US Department of Agriculture announced the recall of nearly 30,000 pounds of Argentine beef that was not fully inspected before distribution in Texas and Florida. The action is a negative food-safety/regulatory headline but is unlikely to materially move broader markets.

Analysis

The US Department of Agriculture announced the recall of nearly 30,000 pounds of Argentine beef that was not fully inspected before distribution in Texas and Florida. The action is a negative food-safety/regulatory headline but is unlikely to materially move broader markets.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

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