Rising costs have forced stoppage of construction on the expansion of Iowa Premium’s beef slaughter facility in Tama, Iowa, the company confirmed Thursday.
Grocery retailer Giant Eagle alleges the nation’s large beef packing companies have exploited their market power to limit the supply of beef and raise prices in a new lawsuit filed in Chicago on Wednesday.
U.S. beef exports maintained a remarkable pace in April, topping $1 billion for the third time this year. April pork exports were well below the large totals posted a year ago.
An 8,000-head per day state-of-the-art beef processing facility utilizing robotics and other high-tech features was announced in Rapid City last week. Groundbreaking would be as early as next year.
The city of Amarillo has approved incentives to encourage Producer Owned Beef, LLC, to locate their proposed new packing facility at a site in the Texas city near I-40.
The U.S. Court of Appeals for the 10th District rejected claims that two working groups formed to discuss radio frequency identification violated the Federal Advisory Committee Act.
Law enforcement agents traveled to a rural and sparsely populated West Texas county on Friday to arrest the county judge, a former sheriff’s deputy and two ranch hands for cattle rustling.
Negotiated cash cattle prices were $2 softer last week in a moderate to active trade. Friday’s Cattle on Feed report reported an inventory of 12.0 million head, up 2% from last year while a 1.3% decline was anticipated.
American ranchers face a dry start to the summer grazing season as about half of the nation’s beef cows reside under some designation of drought. Texas shows 76% of pastures in poor to very poor condition.
