Packer
Total 2019 meat production in the U.S. is currently projected to reach another record level of 103.3 billion pounds, up 1.3 percent year over year.
A bipartisan letter was sent the FTC to investigate the growing concentration in the meatpacking and processing industry, and any anticompetitive behavior resulting from this concentration.
Tyson Foods has achieved a 96% vaccination rate for COVID-19 among its 120,000 American workers.
Legislative proposals aimed at the U.S. livestock markets could have a negative impact on farmers and ranchers they are intended to protect, Meat Institute argues ahead of Thursday’s House Ag Committee hearing.
In a letter to Ag Sec. Tom Vilsack, the North American Meat Institute asks the administration to stop ignoring “fundamental principles of supply and demand” and acknowledge industry structure is not causing inflation.
JBS says it seeks opportunities for acquisitions and expansion, but two U.S. senators are calling on the U.S. Treasury Secretary to open an investigation into the Brazilian meatpacker.
As part of its Hometown Strong program, JBS USA says it will invest additional funds to work with local leaders to build new homes and establish revolving funds to stimulate housing construction.
JBS USA announced it has suffered an organized cyberattack that has affected servers supporting its IT systems in North America and Australia.
JBS USA said it paid an $11 million ransom to cyber attackers that shut down operations in the U.S. and Australia last week. All plants were fully operational by June 3.
Fitch Ratings has affirmed the Rating Outlook of Tyson Foods, Inc. and the Hillshire Brands Co from negative to stable.
A federal judge in Minnesota granted another class action pork price-fixing settlement between JBS USA and Commercial and Institutional Indirect Purchaser Plaintiffs on April 15.
A federal court has removed a provision of the New Swine Slaughter Inspection System that enabled pork processors to establish maximum line speeds.
While Tyson’s lawyers were filing a lawsuit on Monday against one of the packer’s largest cattle suppliers, the ink was still drying on the sale of one of that supplier’s feedlots to one of Tyson’s competitors.
Tyson Foods, Inc., is piloting a new Matrix Medical Network program that assesses, addresses, verifies and monitors the effectiveness of Tyson’s efforts to protect its workforce from COVID-19.
A U.S. congressional panel is investigating three large meatpacking companies for possible worker-safety violations following reports that hundreds of industry workers have died of COVID-19.
Claiming losses of “more than $200 million” in connection with “200,000 cattle that did not exist,” Tyson asks for a court-appointed receiver to takeover Easterday Ranches in Washington state.
Tyson Foods has agreed to pay a settlement of $221.5 million in the broiler chicken antitrust civil price-fixing lawsuit, according to filings Tuesday in federal court in Chicago.
Tyson Foods Inc said on Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19.
President Donald Trump told reporters Wednesday he has asked the Justice Department to look into allegations that U.S. meat packers broke antitrust law.
To protect essential frontline workers, JBS USA has voluntarily removed hundreds of at-risk workers from a Greeley, Colo., beef plant in response to rising COVID-19 infections in the community.
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.
Workplace injuries in American meat and poultry processing and packing facilities has reached an all-time low, according to the Bureau of Labor Statistics.
The Center for Consumer Freedom (CCF) placed a full-page ad in The New York Times that puts the unappetizing ingredients of “plant-based meats” on display.
The losses to ASF are creating a major protein deficit in China that is impacting all protein markets globally as China attempts to mitigate reduced meat supplies.
Tyson officials said Friday night’s fire caused “major damage,” but the company is working “as quickly as possible” to return its Holcomb, Kan., facility to operation.
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.
Marfrig Global Foods announced this week it has joined with Archer Daniels Midland Co. (ADM) to produce vegetable protein products in Brazil.