Antitrust lawsuits against several large U.S. pork packers were dismissed on Thursday, while key court dates were set in the antitrust suits against beef packers.
A “large fire” Friday night (Aug. 9, 2019) closed the Tyson Foods beef facility at Holcomb, Kan., and the company said the plant will be closed indefinitely.
After a fire Friday night that closed its Holcomb, Kan., beef packing facility, Tyson Foods says it will continue to pay employees and utilize other sites in its network to keep the beef supply chain moving.
Monday’s CME cattle futures opened and locked limit lower in reaction to the news Tyson was forced to close its Holcomb, Kan., beef processing facility due to Friday night’s fire.
The Iowa State Fair on Saturday will host the 37th annual Governor’s Charity Steer Show, an event benefiting the Ronald McDonald House Charities of Iowa.
A lawsuit filed in Oregon claims the August 2017 wildfire that burned 68,000 acres was caused by a rancher and John Deere, the manufacturer of a combine that sparked the blaze.
Led by a rebound in Mexico and China, June pork export value was the highest in 14 months, while strong results in South Korea and Taiwan pushed beef export value to the fourth-highest total on record.
Beyond Meat’s fake meat is cutting against clear consumer trends regarding processed foods and artificial ingredients, and it’s made in industrial plants.
