March 22, 2026

Sen. Mike Rounds, R-S.D., reacts to a report that President Donald Trump will quadruple beef imports from Argentina on ‘The Big Weekend Show.’

A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages.

Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to be led by billionaire Peter Thiel’s Founders Fund, according to a Bloomberg report. The round is attracting heavy investor interest and is close to being filled, though final details are still being negotiated.

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Senator Mike Rounds reacted to a report that President Trump plans to quadruple beef imports from Argentina amid rising beef prices and the U.S. cattle herd shrinking to a 75-year low, a problem American ranchers hope the administration will address. Meanwhile, Halter, a New Zealand startup developing high-tech collars for cows aimed at helping farmers reduce costs and manage labor shortages, is nearing a $2 billion valuation as it closes a major funding round led by billionaire Peter Thiel’s Founders Fund, reflecting strong investor confidence in technology-driven solutions to boost agricultural efficiency and potentially impact future food prices.

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