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Key Takeaways From COVID-19 and the Supply Chain
The pandemic has far-reaching effects throughout the entire supply chain. From processing plant disruptions to shifts in consumer behavior, industry participants are learning how to improve efficiency and reconfigure the workplace.
During a virtual panel sponsored by Kayem Foods, Inc titled ‘COVID and the Supply Chain: Farm to Distribution’, a group of experts including producer and packer representatives discussed their key learnings for both live animal production and meat processing.
Panelists included Brad Freking, New Fashion Pork; Colin Woodall, CEO, National Cattlemen’s Beef Association; and KatieRose McCullough, Director, Regulatory and Scientific Affairs, North American Meat Institute.
McCullough began the panel by reviewing the drastic effects that COVID-19 had on the nation's meat and poultry processing plants. In March 2020, COVID-19 was declared a national emergency. The ability to process cattle and hogs in...
ANALYSIS: Cash Cattle Prices Are Stuck in Limbo
The weekly USDA five-area direct average fed steer price last week was $114.07/cwt, steady with the previous week but $0.78/cwt less than...
ANALYSIS: Do Large Forward Sales Help Future Spot Prices -- Strip Loin Rally in 2021
The January rally in strip loins has been fierce, with gains of 27 percent so far since the start of the year, compared to...
ANALYSIS: Steer Carcass Weights Begin 2021 in Contra-Seasonal Uptrend
Cattle feeders are currently contending with a large number of front-end supplies, as highlighted by the most recent USDA carcass weight data. The latest available information for the week ended January 23 showed...
Olymel Announces Investment to Increase Production Capacity at Ange-Gardien Pork Processing Plant
Olymel management today announced an investment of $9 million to set up a second shift at its Ange-Gardien (formerly F.Ménard) hog slaughtering, cutting and deboning plant in Montérégie-Est, Quebec. This investment and the new evening shift will create more than 250 new jobs and should be in operation by next September. The plant, which already employs a total of 680 people, will see that number grow to more than 900, making it one of the largest employers in the region.
“This announcement is in line with Olymel’s development strategy and growth objectives. Olymel is capitalizing on synergies from the January 2020 acquisition of F.Ménard, one of the leaders of the Quebec pork industry. With this investment...
Get to Know Players in the Plant Protein Market: Roquette
In 1933, brothers Germain and Dominique Roquette, identified an industrial need for potato starch in French textile markets. Both grain brokers, the brothers decided to establish a potato starch production plant in Lestrem, France, named Roquette. Little did they know their investment would grow to be a leading global provider of high-quality ingredient solutions spanning the food, nutrition, health, textile, and pharmaceutical markets sourced from across North America, Europe, and Asia.
Approaching a century of longevity, Roquette leads the marketplace with over forty years crafting and nurturing its expertise in providing plant protein solutions in the global food industry. To date, Roquette offers plant proteins sourced from wheat, fava beans, and...
NPPC Supports Livestock Provisions of Heroes Act
The National Pork Producers Council (NPPC) expressed strong support for livestock agriculture provisions in the Heroes Act introduced by the U.S. House of Representatives Committee on Appropriations. These provisions include funding for the U.S. Department of Agriculture to provide:
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