Regulatory activity may be the single greatest threat to U.S. food production as it impacts the entire supply chain from the producer to the consumer. It appears U.S. regulatory activity is increasing.
Easterday Ranches Inc. filed for Chapter 11 bankruptcy protection on Monday following a civil lawsuit filed last week by Tyson Foods, Inc. alleging the company defrauded Tyson of more than $225 million.
U.S. meat and poultry processor Tyson Foods Inc was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about its ability to combat the spread of the coronavirus in its facilities.
A new report from the Meat Institute shows new COVID-19 infection rates among meat and poultry workers are 60% lower than in the general U.S. population and two-thirds lower than case rates in the sector in May 2020.