Meatingplace Magazine

JBS sees strong demand despite challenges in US cattle cycle ?? JBS expects a more challenging US cattle supply scenario in 2025 compared to last year, when strong beef consumption and initiatives to improve commercial and operational efficiencies contributed to the performance of the... FULL STORY HERE ?? https://lnkd.in/eyvmqxFZ #BeefIndustry #CattleSupply #MeatProcessing

Wage theft lawsuit ?? for plant workers trimmed ??, moves forward ?? A federal judge ruled Wednesday that Smithfield Foods Inc., Agri Beef Co. and several other meat processors must face claims they conspired to suppress workers' wages, though some allegations were dismissed due to... FULL STORY HERE ?? https://lnkd.in/eNx5Zh2g #LaborLaw #MeatIndustry #WorkersRights

15-year low for meat cold storage ?? could impact spring/summer prices ?? The total supply of beef, pork, chicken and turkey in cold storage at the end of February stood at 1.937 billion pounds, down 3.8% from last year and 10.3% below the five-year average, according to the USDA's most recent data. This marks the lowest February... FULL STORY HERE ?? https://lnkd.in/eRepA4mN #MeatSupply #FoodPrices #SupplyChainTrends

Lingering beef: No word ?? on China export licenses ???? U.S. beef producers continue awaiting renewal of their "expired" licenses to export to China under the 2020 Phase 1 trade deal. Registrations for nearly 1,000 beef, pork and poultry plants expired on March 16. While the pork and poultry companies' status was quickly revised last... FULL STORY HERE ?? https://lnkd.in/eKtke5Kd #BeefTrade #USChinaRelations #ExportChallenges

Smithfield posts Q4 segment sales ?? gains in first report ?? since spin-off ?? Smithfield Foods reported higher sales in two of its four operating units in the fourth quarter of 2024, in the pork giant's first quarterly report since going public in January. The former division of WH Group of China reported strong demand for its packaged meats and... FULL STORY HERE ?? https://lnkd.in/eQmuq-Kh #QuarterlyEarnings #MeatIndustry #IPOperformance

Major deli processor signs ?? renewable energy deal ?? Deli meat and cheese brand Dietz & Watson announced a new agreement with a renewable energy company that will provide the processor with electricity that will help reduce... FULL STORY HERE ?? https://lnkd.in/eYvvyP_4 #RenewableEnergy #Sustainability #FoodManufacturing

Smithfield Foods joins ?? Russell 1000 Index ?? Smithfield Foods has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion took effect Monday after the index's quarterly update, which incorporates... FULL STORY HERE ?? https://lnkd.in/eKz3E59x #StockMarket #MeatIndustry #InvestmentNews

Congress spars over ??? Trump's tariff ?? A group of 20 Republicans in the House of Representatives praised President Donald Trump's "decisive action" on trade in a call for lower agricultural trade barriers overseas. In a letter to the White House, the group led by House Budget Committee Chairman Jodey Arrington of Texas... FULL STORY HERE ?? https://lnkd.in/eDnBR7x2 #TradePolicies #AgricultureTrade #CongressionalDebate

Federal judge rules on Iowa law restricting ?? undercover recordings ?? A federal judge upheld Iowa's law barring trespassers from using cameras or recording devices to investigate livestock facilities, dismissing a challenge from People for the Ethical Treatment of Animals (PETA) and an... FULL STORY HERE ?? https://lnkd.in/ef6tKPEF #AgLaw #PrivacyRights #LegalRuling

DOJ continues to fight ??? Agri Stats objection ?? in antitrust case ?? The U.S. Department of Justice defended its position in court that Agri Stats collects confidential data from meat processors and shares it exclusively with competitors, creating an... FULL STORY HERE ?? https://lnkd.in/e_Pvg42x #AntitrustCase #MeatIndustry #LegalDispute