Packer
Cases and deaths from COVID-19 among workers at the leading U.S. meatpacking plants were three times as high as previously estimated based on an investigation by the House Select Subcommittee.
November employment data was called disappointing despite the unemployment rate dropping slightly. Retaining workers has become difficult even as employers raised pay, which eventually gets passed along to consumers.
New research has concluded that higher wages, among other benefits, are necessary to attract workers to meatpacking jobs.
If finding employees to fill positions wasn’t hard enough, finding available and affordable housing has encouraged companies to provide housing options as part of employment.
Cheyenne, Wyoming’s mayor fueled speculation about possible relocation of the Western Legacy beef packing project with his comments in a weekly column in Wyoming media.
The combination of tightening supplies and packers seeking higher-grading inventory helped push cash prices a little higher last week.
Is Walmart’s investment in Sustainable Beef a big deal? If Walmart were serious about beef, they would be buying or building their own kill plant, Barnard says, unless it’s a precursor to a bigger move.
Once operational in late 2024, American Foods Group’s new beef facility in Warren County, Missouri, will process 2,400 head of cattle per day.
While all packers were in the market for cattle last week, none were aggressive enough to push the cash market any higher than steady.
Buying for a holiday-shortened week, packers were not aggressive and prices suffered. This week should produce more robust trading.
Sustainable Beef LLC received a giant boost in its efforts to bring a new, 1,500 head per day beef processing facility online with a commitment from Walmart.
For many industry stakeholders, the go-to solution seems to be more localized, regional supply chains. To these folks, the cohort of soon-to-be-built processing plants looks like a golden next era of the meat business.
Efforts to regulate profits away from packers is a commodity mindset, columnist Nevil Speer writes. A better investment of time and money is toward consumers and growing beef demand.
Construction will begin this fall on a $200 million upgrade to the existing beef complex and add employee facilities, including locker rooms, a cafeteria and office space.
Livestock Marketing Association says allowing livestock auction owners to invest in small and regional packers will create competition against large packing entities that already exist.
During a ceremony in downtown Amarillo, principals for Producer Owned Beef announced their plans for a 3,000-head per day beef packing facility that will break ground next year.
Beef packers were forced to pay up to attract inventory last week, a bullish signal that the longer-term trend is higher for cash cattle.
Packers had to pay up to acquire the numbers of cattle they wanted last week helping to clean up show lists and signaling the summer lows may be in the rearview mirror.
Cattle feeders continue to fight for shackle space as cash price continue slumping toward a summer low.
The initial steps have been taken in the process for Sustainable Beef LLC to construct a new beef packing facility in Nebraska. In Missouri, American Foods Group intends to break ground on its new plant in August.
American Foods Group is ready to begin construction on its new 2,400-head per day beef packing facility in east-central Missouri.
Cash cattle prices declined a dollar or more in all regions last week with packer demand noticeably softer than the week before.
A New Mexico jury rules in favor of a cattle producer in a contract dispute with Tyson Fresh Meats, ordering the packer to pay millions in actual and punitive damages.
There was never enough need by any packer to push the market but could be a sign they may be getting shorter on committed cattle. Regional packers seem to have cooled down in the North.
Based on the data, it’s impossible to establish any meaningful link between beef imports and the packer and fed cattle prices.
America’s largest food distributor has filed suit in Texas alleging the Big 4 packing companies conspired to fix prices since 2015.
Packers regained much of their leverage last week and prices inched lower. Feeders will struggle to hold prices at a similar level this week.
Dean and Jared Lerwick plan to re-open the former Packerland facility located in the Nebraska panhandle to harvest 40 head of local cattle per day.
Western Legacy Development Corporation’s proposed large packing plant has Rapid City, S.D., residents and city officials seeking more details on how the project may impact the region. Meeting set for Thursday in Wall.
Packers in the Northern region remain short on cattle which helped boost the price for a second consecutive week.