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Hillshire Brands says it will hold separate talks with Pilgrim’s Pride and Tyson Foods, as the two meat processing heavyweights engage in a bidding war for the maker of Jimmy Dean sausages and Ball Park hot dogs.

Brazil is seeking to increase its lead over India, Australia and the U.S. in meat exports by stepping up sales to Russia and the Middle East.

This summer, U.S. consumers can look forward to opening a cold beer, firing up the grill and throwing on the most expensive pork chop they have ever purchased.

U.S. beef and pork exports continued their positive growth trend in April.

Tyson has won a bidding contest to buy Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with an offer of $63 per share. The company beat out rival meat heavyweight Pilgrim’s Pride.

Record-high prices for U.S. beef burgers and pork chops are helping to make 2014 the most profitable year ever for chicken producers.

Japan, the world’s largest pork buyer, will lower its tariff on pig meat shipments from Australia in a bilateral trade agreement that also reduces import duties on beef.

Pork and beef inventories both dropped during March, according to the USDA.

Japan, the world’s largest pork importer, may accelerate tariff talks with Canada to increase pressure on the U.S. to ease demands for cuts in agricultural protection, the Asian nation’s biggest hog farmers group said.

Tyson Foods said Monday that its second-quarter net income more than doubled, benefiting from strong demand for chicken and higher prices for beef and pork.