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Tuesday, May 5, 2020
US meat plants prepare to reopen amid drop in beef output
Consumers are encountering purchase limits on meat at the supermarket as the meat sector tries to return to normal after about 3% of employees at meat and poultry processing plants contracted the new coronavirus, reported FOX Business.
Friday, May 1, 2020
Tyson Foods pauses operations at Dakota City beef plant
Tyson Foods Inc is halting operations up to May 4 at its Dakota City beef facility in Nebraska to complete a deep cleaning of the plant amid the COVID-19 outbreak, the company said on Wednesday, reported Reuters.
Tuesday, April 21, 2020
JBS closes swine plant in US, Cargill idles beef plant in Canada due to COVID-19
JBS USA will close its Worthington, Minnesota pork production facility, while Cargill will idle a beef plant in High River, Alberta, reported Reuters.
Wednesday, April 15, 2020
National Beef suspends operations amid COVID-19 cases
National Beef has announced that its Iowa Premium plant in Tama, one of the state's COVID-19 hot spots, will be idled until April 20 after several of its workers have become infected.
Tuesday, April 14, 2020
Coronavirus dents the world economy - but not the global beef trade
Coronavirus, trade politics and collapsing western economies will accelerate the rebalancing of a flourishing world beef trade.
Thursday, April 9, 2020
USDA investigating beef price increase amid lower cattle prices in COVID-19 pandemic
Sonny Perdue, Agriculture Secretary said the US Department of Agriculture (USDA) is looking into why prices for cattle aren't going up even as beef prices are rising from COVID-19 hoarding, reported Reuters.
Friday, April 3, 2020
Argentine beef exports to EU, China plunge amid virus
Beef export from Argentina's cattle ranches to the EU have plunged to almost zero amid the global COVID-19 outbreak, while sales to top buyer China have tumbled from last year's levels, industry officials stated.
Tuesday, March 31, 2020
JBS USA reduces beef production for two weeks due to COVID-19
The company said it will reduce beef production as its factory in Pennsylvania factory as managers showed flu symptoms, reported Reuters.
Tuesday, March 31, 2020
US senators urge inquiries on surging profits for US beef processors
This comes after ranchers protested the surging prices for meat caused by COVID-19 did not convert to increased prices for cattle, reported Reuters.
Friday, March 27, 2020
US beef prices hike as cattle futures soar
On 23 March, US live cattle futures rose to their daily limit as strong packer margins, thereby increasing wholesale beef prices and expectations of higher cash cattle prices emerge this week.
Wednesday, March 25, 2020
US meat group expands access for US pork, beef in China
Among the provisions negotiated in the US-China "Phase One" trade deal, the USDA Food Safety and Inspection Service (FSIS) has included expanded access for US beef and pork in its Export Library for China.
Friday, March 20, 2020
China's beef imports soars as US beef producers await trade deal
The Office of the US Trade Representative (USTR) announced in mid-December that the US and China reached a "Phase One" trade deal that could significantly improve access for US beef in the latter.
Thursday, March 19, 2020
Brazil beef company JBS shareholders seek US$271 million in damages
Arbitration proceedings have begun against JBS over claims the company misled shareholders after its initial public offering (IPO) in Brazil in 2017, reported Reuters.
Tuesday, March 17, 2020
US pork, beef exports rise higher in 2020
Following a record-breaking performance in 2019, US pork and beef exports maintained a torrid pace in January, according to data released by USDA and compiled by the US Meat Export Federation.
Friday, March 13, 2020
British beef exports inch closer to US market
British beef could soon be shipping to the US after government officials agreed to UK standards for an export deal worth GBP66 million over the first five years.
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