Markets
The fire at Tyson’s beef plant was much like throwing a rock into a pond resulting in a big initial splash and ripple effects spreading in all directions. The initial splash included a dramatic set of market reactions.
Total federally-inspected beef production was 12.1 billion pounds in the first 24 weeks of 2019, up just 0.7 percent from the same period last year. That is an average production of 502.4 million pounds per week.
The share of Prime carcasses has more than doubled in the past 5 years, spelling greater availability and consequential wider usage among end users.
Tyson has narrowed down its search for a packing plant location in Kansas.
The fight over Costco’s chicken processing operation — already approved by the city of Fremont and the state of Nebraska — is now moving to the county level.
Rural Americans voted for him, but he didn’t return the favor when it came to an Obama rule meant to level the playing field.
BPI has set up a $10 million fund for former employees.
Crop protein content ties for lowest in decades on bad weather.
Temperatures seen 15 to 25 degrees below normal, NWS says.
Nebraska’s success luring Costco’s chicken processing plant to Fremont suggests they may be a fit for Tyson.
A recent report indicates that cow herd expansion will continue, but there should be no need for additional beef packing capacity.
For the second time this week a member of the Batista family, owners of the world’s largest meat packing company, has been arrested in Brazil.
Industry sales of packaged-food sales slowed in recent years.
Company will increase the use of gas stunning in plants.
Tyson Foods has installed video cameras in key areas of its poultry operations and will test new ways to slaughter birds — not in response to previous “gotcha” moments but under a corporate philosophy that notes its role as a steward for millions of chickens, the company said.
Starting calves can be as much art as science, which explains why some stocker operators and feedlots have more success than others.
In a Kansas meat packing town immigrants are being offered free translators for driving exams through a volunteer program.
Fireworks are often reserved for Independence Day on July 4th, but for cattle markets they help describe meteoric rises and sudden bursts in prices.
Brazil was plunged back into a political crisis reminiscent of last year’s impeachment saga following reports that President Michel Temer was embroiled in an alleged cover-up scheme involving the jailed former speaker of the lower house of Congress.
Animal rights activists don’t want a new meat research facility to be built at Colorado State University.
Agriculture Minister Blairo Maggi helped stem meat scandal.
A Kansas cattle buyer and his company have been cleared of all criminal charges after a federal judge found prosecutors did not present enough evidence at trial for the case to go to the jury.
Tyson Foods will pay $3.2 billion to add packaged sandwich maker AdvancePierre to its stable of processed food brands.
Farmers dismayed that USDA delays fair practice rule
A bull that apparently escaped from a slaughterhouse has led police on a wild chase through New York City streets.
Tyson reveals SEC subpoena, likely tied to pricing lawsuits
Nolan Ryan Beef is the first adopter of the new Temple Grandin Responsible Cattle Care Program, a certification program developed under the guidance of animal care expert Temple Grandin.
CME cattle futures followed Thursday’s limit up trading with solid gains again in action Friday. The nearby October contract closed up $2.12 at $101.15.
Mars says a miscommunication with a subcontractor led to a defective batch of its Skittles, reportedly on their way to becoming cattle feed, ending up scattered across a highway.
Volatile cattle markets have impacted the industry over the past year. To help the situation, industry leaders have tried to shorten the trading hours and address high frequency trading. A group of cattle operators are doing business a different way in an open cash market with an online live auction.