News Biden vows to tackle inflation by promoting competition 21 January 2022 Capitalism without competition is just exploitation, he said In a White House press conference yesterday, US President Biden promised to tackle inflation with a three-part plan that includes fixing the supply chain, addressing every day costs for working
News Hog futures rally, cattle futures dip – CME 21 January 2022 Hog futures at their highest in more than three months Chicago Mercantile Exchange (CME) February live cattle futures dipped 0.225 cent to 138.325 cents per pound. March feeder cattle futures were down 0.675 cent to 164.95 cents per pound.
News McDonald’s expands US test of plant-based burger 21 January 2022 Test expanded to 600 locations McDonald’s Corp said on Thursday it will expand its US test of a plant-based burger it created with vegan meat maker Beyond Meat Inc to about 600 locations next month, reported Reuters. The restaurants
News Live cattle and hog futures rise – CME 20 January 2022 Supplies remain tight Chicago Mercantile Exchange (CME) live cattle and hog futures rose on Wednesday, with tight supplies supporting prices after a slowdown in the pace of slaughter, reported Reuters. Most actively traded February lean hogs rose 0.7
News US: Meat and poultry industry not to blame for inflation 20 January 2022 Rising meat prices due to labour shortage and supply chain problems, NAMI said The North American Meat Institute (Meat Institute) said yesterday that consumers saw increased meat prices in 2021 because of labour shortages, greater consumer
News Cattle futures down, hog futures firm – CME 19 January 2022 Slaughter of hogs and cattle up Chicago Mercantile Exchange (CME) live cattle futures fell on Tuesday, with mild profit taking noted after rallying in three of the previous four sessions, reported Reuters. Hog futures were firmer, extending their
News Research suggests inefficient California ports costing farmers billions 19 January 2022 Between wildfires, drought, a trade war, and the COVID-19 pandemic, the last few years have been hard on California farmers. But recent research by agricultural economists from UC Davis and the University of Connecticut suggests that economic losses
News Purdue Ag-Celerator program funds fertility innovation 18 January 2022 The funding will help finalise the proof-of-concept stage Founded by Purdue University alumni, Verility Inc. is one of two companies to receive $100,000 from the Purdue Ag-Celerator, an agriculture innovation fund. Verility Inc. is a global animal health platform providing fertility analysis products.
News Tyson Foods launches childcare initiative 18 January 2022 The company aims to improve worker retention According to a company press release, the company plans to build an on-site childcare and learning facility at its new Humboldt, Tennessee, poultry processing plant, and recently announced a program at its Amarillo, Texas,
News Hog futures rebound, slaughter remains slow – CME 17 January 2022 Staff shortages limit meat production Chicago Mercantile Exchange (CME) lean hog futures bounced back on Friday, though analysts said US staffing shortages caused by COVID-19 infections continued to limit meat production. Most actively traded February lean hogs touched