An 8,000-head per day state-of-the-art beef processing facility utilizing robotics and other high-tech features was announced in Rapid City last week. Groundbreaking would be as early as next year.
Groups are calling on USDA’s Food Safety and Inspection Service to recall any antibioitic-positive beef that was destined for USDA-approved “raised without antibiotics” labeling programs.
Jury deadlocks over price-fixing, bid-rigging allegations by poultry executives. Prosecutors suggest a third trial but the U.S. District judge wants a explanation from the head of the DOJ’s Antitrust Division first.
U.S. and Japanese officials announced an agreement allowing American producers to meet Japan’s growing demand for U.S. beef while lowering the risk of Japan imposing higher tariffs in the future.
Selected as Grand Champion Jr. Market Steer from a field of 1,750, Vanilla Ice sold for a record $1 million at the 90th Anniversary of the Houston Livestock Show and Rodeo.
A U.S. Department of Agriculture employee was paid to allow tick infested and diseased cattle to enter the country, according to an indictment filed in a Laredo federal court last week.
Nobody alive today has seen weather this dry in Northern California during January and February, normally the two wettest months of the year. That’s a dramatic turnaround from record snowfall in December.
Cash cattle saw average prices move slightly higher for the week while CME futures tumbled lower. USDA’s reported cattle on feed February 1 inventory was the highest for that month in the series going back to 1996.
Beyond Meat is set to release quarterly financial reports likely showing growing sales and increasing losses. As one analyst put it, “it seems the more faux meat they sell the more faux money they make.”
