Pilgrim’s Pride, which produces 20% of U.S. chicken, has entered into a plea agreement with the Department of Justice in its investigation into price-fixing and bid-rigging of chicken products.
The antitrust class-action lawsuit alleging America’s largest beef packers conspired to fix cattle prices has been dismissed by a federal judge in Minnesota.
The U.S. Food and Drug Administration has proposed a new regulation that would establish a list of foods that would require additional recordkeeping and traceability.
Oklahoma’s new law governing labeling for some vegan products violates the First Amendment, according to a lawsuit filed Wednesday in U.S. District Court for the Western District of Oklahoma.
Three of America’s leading livestock economists have released a new working paper that examines in-depth the dramatic impact the COVID-19 pandemic unleashed on cattle, beef and pork markets this spring.
America’s economy is showing signs of recovery from the impact of the coronavirus pandemic, but any economic surge is likely over, according to a quarterly report from CoBank’s Knowledge Exchange.
Beef and pork sales posted another strong week, and retail meat volume sales have increased 22.5% during the COVID-19 pandemic, resulting in an additional $7.4 billion in meat department revenue.
Wholesale price declines suggest most packing plants have nearly recovered from the COVID-19 virus shock of a few weeks ago though the backlog of cattle and hogs will persist for a while longer.
