Articles tagged under: packers

Beef Packer Margins Drop This Past Week

Published December 21, 2020

Beef packer margins declined 33 percent last week. Even with that drop, packers made a profit of $332 per head. That’s according to the latest Sterling Beef Profit Tracker. Packer margins are thought to have slipped due to a $20…
Latest NewsLivestock

USDA Outlines Expectations for Meat Processors During COVID-19

Published May 6, 2020

Agriculture Secretary Sonny Perdue has formally outlined more details from President Trump’s executive order to reopen meat processing plants. In letters to U.S. governors and meat processing plant leaders, Perdue said meat and poultry processors will use guidance from the…
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Lawsuits Filed Against Major Packers

Published May 20, 2019

Two class-action lawsuits have been filed in the U.S. District Court for the District of Minnesota against the largest beef packers in the country. A Florida live cattle futures trader, Michael Sevy, claims the packers have conspired to drive down…
Latest NewsMarketsAg Business

GOA Issues Report on Cattle Markets

Published April 10, 2018

A report by the Government Accountability Office shows supply and demand factors that affected cattle feed prices, such as a drought, also affected changes in fed cattle prices. From 2013 to 2016, the price of fed cattle fluctuated and experienced…
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