Tyson Foods gave its chicken suppliers two months’ notice of its plan to shut a Virginia processing plant in May, raising concerns among farmers and legal experts about Tyson’s compliance with antitrust regulations.
The management of Brazilian meatpacker JBS SA said on Wednesday it “will be selective” in relation to launching share buyback programs and also regarding acquisitions given instability in international markets.
Nineteen feral cattle have been shot from a helicopter by federal employees in a New Mexico wilderness area in a cull opposed by ranchers and criticized by the state’s governor.
Beyond Meat forecast full-year revenue above market estimates and said it was looking to control costs at a time when high inflation is denting demand for its plant-based meat products. Shares surged 14% after hours.
Brazil’s beef exports to China will be halted starting Thursday after a case of mad cow disease was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday.
Denmark should aim to reduce beef and dairy production by levying an emissions tax on farming of $108 per metric ton in order to reach its ambitious climate targets, the government’s independent advisor says.
The Biden administration is awarding an additional $9.6 million in grants and loans to expand meat processing across the country, it announced on Thursday as the government tries to diversify the industry.
London-based Hoxton Farms said on Thursday it had raised $22 million from investors to build a pilot plant to produce animal fat from stem cells, aiming to tap into the growing market for less carbon-intensive foods.
The biggest U.S. meat company by sales said on Wednesday it will relocate all corporate employees from offices in Chicago and Downers Grove, Ill. and Dakota Dunes, S.D., to its headquarters in Springdale, Ark.
This controversial, heat stress event has led to questions and conspiracy theories about the cattle industry. Reuters debunks the fallacies about cattle fatalities in Kansas from June 11-12.
