Latest News From Packer

Vaccine
NAMI, Other Groups Seek COVID-19 Vaccine Priority

Fifteen food and beverage associations sent a letter to President Donald Trump requesting priority access to COVID-19 vaccines to protect workers and keep the food supply chain running.

2 weeks ago
Tyson Announces Global Forest Protection Standard

After a deforestation risk assessment performed earlier this year with Proforest, Tyson concluded that nearly 94% of its land footprint is at no to low risk of being associated with deforestation.

3 weeks ago
Packing plant workers
Nalivka: The Economics of Capacity And Utilization

When a plant increases operational capacity, there is an increase in total industry capacity which in turn has economic ramifications through the cattle cycle as the inventory is expanded or liquidated.

3 weeks ago
More than 200 local meat and poultry processors in Iowa received grants made possible from $4 million in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding allocated by Iowa Gov. Kim Reynolds
Over 200 Iowa Small Meat and Poultry Processors Awarded CARES Act Funds

On Nov. 9, more than 200 local meat and poultry processors in Iowa were awarded Meat Processing and Expansion Grants from the Iowa Department of Agriculture and Land Stewardship.

3 weeks ago
Cash cattle moved $1 higher
Hulett: Holiday Cash Upside

Continued support from the board could yield higher cash prices for most producers.  Packers need for higher grading cattle could also help push prices higher in the weeks to come.

3 weeks ago
JBS in Brazil
JBS Shareholders To Sue Batistas

Brazil’s Batista brothers may soon be back in court after shareholders of JBS S.A. voted in favor of suing the pair for losses incurred after they confessed to bribing thousands of Brazilian public officials.

3 weeks ago
Cash fed cattle prices steady
Hulett: Holding the Descent

Beef packers could be moving into a period with smaller inventories, which may prompt them to push prices higher. CME futures prices will again have an impact on the cash trade.

1 month ago
Tyson Foods Workers to Replace Some Federal Inspectors At U.S. Beef Plant

Tyson Foods said on Tuesday it plans in January to have company employees take on duties from more than a dozen federal inspectors at a large Kansas beef plant, after getting a U.S. government waiver.

1 month ago