US Meat, Milk Prices Should Spike if Donald Trump Carries Out Mass Deportation Schemes

In recent earnings calls, shareholders in some publicly traded meat companies have asked whether the Trump administration’s deportation plans—among other issues—may pose a challenge to their industry. “We’ve been there before. It did not impact our business,” said Tim Klein, CEO of National Beef, which is owned by the Brazilian food company Marfrig, in response…

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