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Articles tagged under: meat

Supply Chain Bottleneck Recovery Ahead, But Not Straight Line

Published May 11, 2020

A bottleneck in the U.S. meat and livestock supply chain is impacting meat supplies at the grocery store. CoBank Lead Animal Protein Economist Will Sawyer says there is recovery ahead, but it’s not a vertical line. "It's a v shape.…
Top StoriesLatest NewsMarketsLivestock

Packers Could ‘Drag Their Feet’ on Running at Full Capacity

Published May 7, 2020

Market analysts are closely watching how the meat packing companies handle reopening. Because of the current margins, there may not be much incentive for the packer to run at full capacity. "Following the boxed beef numbers closely, I think there's…
Top StoriesLatest NewsMarkets

New CoBank Report Looks at COVID-19 Impact on Meat

Published May 6, 2020

A decline in U.S. meat production is expected to reduce grocery store supplies in May and June. According to a new CoBank report, meat supplies for retail grocery stores could decline 30 percent by Memorial Day, leading to pork and…
Top StoriesLatest NewsMarketsLivestock

Livestock Must Meet ND Import Requirements

Published May 3, 2020

Livestock producers must make sure any livestock bought or received from other states meet North Dakota’s import requirements. Agriculture Commissioner Doug Goehring says due to recent meat plant closures, the department is aware of individuals planning to purchase live animals,…
Top StoriesLatest NewsLivestock

A Meat Processing and Distribution Slow Down

Published May 1, 2020

There’s not a shortage of livestock or meat in the U.S., but there is a processing and distribution problem limiting available products for retailers. "We always have this false sense of security that we have meat in cold storage and…
Top StoriesLatest NewsMarkets

USDA Will Make Monthly Food Purchases for Food Banks

Published April 20, 2020

The USDA will be purchasing a combined total of $300 million each month in dairy, meat, fresh fruits and vegetables for food banks. In the next two weeks, the USDA will be taking proposals to supply commodity boxes to non-profit…
Top StoriesLatest NewsMarketsAg Business

USDA Announces COVID-19 Assistance Program

Published April 17, 2020

On Friday, the USDA announced the details of a coronavirus aid package for farmers and ranchers. The Coronavirus Food Assistance Program includes $16 billion in direct support to farmers and ranchers and $3 billion to purchase fresh produce, dairy and…
Top StoriesLatest NewsMarketsAg Business

Livestock Markets Continue to Struggle

Published April 3, 2020

The livestock markets continue to struggle. Kluis Commodities market analyst Jacob Burks said the struggle will continue until demand picks up. "It's a very unfortunate pattern, but we could see the writing on the wall. The restaurant business and food…
Latest NewsMarketsLivestock

JBS Delivers Huge Net Profits for the Quarter

Published March 26, 2020

The world’s largest meat packer, JBS USA, is reporting quarterly net profits of $482.5 million. Net profits for JBS are up more than 330 percent from last year. JBS pork sales to China from the United States are up ten…
Top StoriesLatest NewsMarketsAg BusinessLivestock

Meat Lawsuit Filed in Mississippi

Published July 5, 2019

In a federal lawsuit, the state of Mississippi is being accused of violating free-speech rights by not allowing plant-based foods to be labeled as meat. The lawsuit was filed by the Plant Based Foods Association and the Illinois-based Upton’s Naturals…
Latest NewsAg BusinessLivestock
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