A shrunken U.S. beef herd has forced meat processors into a bidding war for a dwindling supply of animals, making it harder ...
Live and feeder cattle futures opened limit down on Monday. Brad Kooima with Kooima Kooima Varilek says it was no surprise with news after the closes on Friday that Tyson Foods will be closing its ...
A cyberattack on the world’s largest meat processor crippled beef and pork processing capacity early this week. JBS USA confirmed the attack affected servers at its IT systems in North America and ...
JBS executives have warned that the U.S. beef industry has more processing capacity than current cattle supplies can support.
Recent livestock processing plant closures in the High Plains region have generated headlines, but agricultural economists note they occur because of tight margins. Springdale, Arkansas-based Tyson ...
The Agriculture Department will offer small and mid-sized beef processors up to $500 million to help them weather a historic cattle shortage, Secretary Brooke Rollins announced Tuesday.
The Agriculture Department aims to offer up to $500 million in payments as meat processors navigate a livestock shortage.
Just four companies dominate about 85% of the beef processing market, which means higher prices for consumers and lower returns for the people raising the animals. Some ranchers and cattle feeders are ...
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