Search:

The search returned 76 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:












































































Grand Island Fire Department Battles Blaze at JBS Beef Plant in Nebraska

On Sunday evening, a fire broke out at the rendering section of JBS’s beef plant in Grand Island, Nebraska. According to a recent tweet from the Grand Island Fire Department, fresh crews have been called to the scene to battle the blaze.

On a Facebook post, JBS stated, “As of this time fabrication and slaughter A and B shift will not be working September 13, 2021. We will...

Full Story »
Sep 13 9:28 AM, UB Newswires



Sep 9 1:59 PM, Urner Barry

VIDEO: State of the Market Episode 24: The Boxed Beef Market

This week on State of the Market, Host Laura Zinger sits down with boxed beef market report Gary Morrison to discuss the dog days of summer, 52 week and all time market highs, slaughter levels lagging behind demand creating tight supply, and more.

Full Story »

ANALYSIS: The Ebb and Flow of YoY Chicken Production

So far, 2021 has been a long and drawn-out year for those in the chicken industry...

Full Story »
Sep 3 8:39 AM, Urner Barry


ANALYSIS: Tallying up Turkey Production

In light of seasonally stout performance, this week we thought a dive into the production side of the equation to investigate how it is influencing the '21 market was in order...

Full Story »
Aug 19 8:31 AM, Urner Barry


ANALYSIS: Lackluster Cattle Slaughter, Tight Supplies Lift Boxed Beef Prices

For those monitoring cattle slaughter levels, there is a common takeaway that processing capacity has not yet recovered to pre-pandemic levels. Production and distribution challenges due to ongoing labor shortages may...

Full Story »
Aug 12 8:35 AM, UB Newswires


Aug 11 8:30 AM, Urner Barry

VIDEO: Morning Market Roundup August 10

Urner Barry's reporters discuss cash hogs, UK beef, and US beef demand.

Full Story »

ANALYSIS: Cash Hog Prices Decline from Summer Peak But Remain Well Above Year Ago Levels

The summer peak for negotiated cash hog prices on a national basis was achieved on June 22 at $128.04/cwt. Since peaking, spot prices have since declined by around...

Full Story »
Aug 2 8:24 AM, UB Newswires


Pork Quarterly Q3 2021: Looking for Growth Amid Uncertainties

Great volatility in Chinese hog and pork prices is rippling through the global market. China’s slaughter rates were unexpectedly high in Q2, pushing pork production up 35.9% YOY in 1H, according to official data. The sudden supply increase resulted in a sharp price decline and negative results in both farming and trading in 1H, pointing to low pork imports into China in Q3. While we expect hog and pork prices to rebound in Q3, the estimated high frozen pork inventory will impose a lot of downward pressure on prices. We expect the slowdown of imports in the coming months will reduce full year imports from 2020’s record levels by 10% to 20%. This will lead to a redistribution of pork trade in the global market and could place downward pressure on pork prices in exporting regions.

China’s pork production showed strong growth in 1H, due to liquidation and oversized hogs. ASF continues to...
Full Story »
Jul 29 8:26 AM, General News


USDA Announces $500 Million for Expanded Meat and Poultry Processing Capacity

The USDA announced it intends to make significant investments to expand processing capacity and increase competition in meat and poultry processing to make agricultural markets more accessible, fair, competitive, and resilient for American farmers and ranchers. This is one of several key steps that USDA will take to increase competition in agricultural markets, pursuant to President Biden’s Executive Order on promoting competition and as part of USDA efforts to build a more resilient supply chain and better food system. Together, USDA’s actions will help farmers, ranchers, farmworkers and consumers all get a fair shake.

Specifically, USDA announced its intent to invest $500 million in American Rescue Plan funds to expand meat and poultry processing capacity so that farmers, ranchers, and...

Full Story »
Jul 12 8:50 AM, General News


Jun 30 8:20 AM, Urner Barry

VIDEO: Morning Market Roundup June 29

Urner Barry's reporters discuss hog slaughter, boxed beef cutout, and plant proteins for the grill.

Full Story »

USDA Invests to Increase Capacity and Expand Access in Meat and Poultry Inspection Operations

The U.S. Department of Agriculture (USDA) announced $55.2 million in competitive grant funding available through the new Meat and Poultry Inspection Readiness Grant (MPIRG) program. The new program is funded by the Consolidated Appropriations Act of 2021.

“We are building capacity and increasing economic opportunity for small and midsized meat and poultry processors and producers across the country.” Secretary Tom Vilsack said. “Through MPIRG, meat and poultry slaughter and processing facilities can cover the costs for necessary improvements to...

Full Story »
Jun 22 8:37 AM, General News


JBS USA Confirms Equivalent of $11 Million Ransom Payment to Hackers

In a press release Wednesday, JBS USA confirmed it paid the equivalent of $11 million in ransom in response to the cyberattack last week which affected its North American and Australian IT systems. 

JBS USA was forced to temporarily close its beef and pork processing plants on June 1 following the Memorial Day weekend. Altogether, the company's facilities account for nearly a quarter of the total U.S. daily cattle and hog processing capacity. JBS's U.S. facilities resumed full operations by Friday and are maintaining normal operations so far this week. Week-to-date cattle slaughter is 154,000 head above the week prior. Week-to-date hog slaughter is up...

Full Story »
Jun 10 8:26 AM, UB Newswires


UFCW Sioux Falls Union Votes to Authorize Strike Against Smithfield

The Sioux Falls chapter of the United Food and Commercial Workers union has authorized a strike at the Smithfield Foods pork processing plant in South Dakota. The union met with company representatives Tuesday and said they hope to avoid a work stoppage.

The union is demanding that Smithfield increases its wages. UFCW Local 304A President B.J. Motley explained "We feel that during a pandemic year and after calling Smithfield workers heroes for coming to work on a daily basis to feed America, they haven't shown that appreciation at all during negotiations."

No deadline has been set yet for when a strike could happen. Hog slaughter operations are expected to...

 

Full Story »
Jun 9 10:33 AM, UB Newswires


FBI Attributes JBS Cyberattack to Russia-Linked Cyber Criminal REvil

JBS, the world’s largest meat processing company, is returning to normalized operations following a cyberattack over the weekend that affected its North American and Australian servers. 

On Tuesday evening, JBS released a press statement saying it had made “significant progress” in resolving the cyberattack and expected the “vast majority” of its plants to be operating on Wednesday. 

JBS is also a majority shareholder of Pilgrim’s Pride, a leading chicken producer. Pilgrim’s has operations in 14 U.S. states and can process...

Full Story »
Jun 3 8:25 AM, UB Newswires


CHART: Industry Expectations for Weekly Hog Slaughter

The Urner Barry hog slaughter poll for the week ending May 29, 2021, resulted in an average industry participant response of 2,392,500 head. If realized, this figure would represent a .02 percent decrease from last week and 20.8 percent growth over last year due to the Memorial Day holiday three-day weekend.

Full Story »
May 24 2:56 PM, Urner Barry


CHART: Industry Expectations for Weekly Hog Slaughter

The Urner Barry hog slaughter poll for the week ending May 22, 2021, resulted in an average industry participant response of 2,383,333 head. If realized, this figure would represent a .5 percent decrease from last week and 12 percent growth over last year.

Full Story »
May 17 4:07 PM, Urner Barry


ANALYSIS: A Critical Eye on Chicken Slaughter

Despite predictable seasonal advancements in demand from all traditional channels, the chicken trade environment remains anything but “normal” in the eyes of most players... 

Full Story »
May 14 8:32 AM, Urner Barry


CHART: Industry Expectations for Weekly Hog Slaughter

The Urner Barry hog slaughter poll for the week ending May 15, 2021, resulted in an average industry participant response of 2,394,000 head. If realized, this figure would represent a .6 percent decrease from last week and 12 percent growth over last year.

Full Story »
May 10 2:27 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
May 10 1:33 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter 

 

Full Story »
May 3 3:43 PM, Urner Barry


ANALYSIS: Pork Ribs Looming Near Historical Highs

Demand on all three fronts; retail, foodservice, and exports combined with labor constraints, diminished slaughter, and limited freezer stocks has supported...

Full Story »
Apr 29 8:25 AM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Apr 26 2:41 PM, Urner Barry


ANALYSIS: March Pork Cold Storage Remains Lackluster

According to the March cold storage report from the USDA, total pork in cold storage was 26.8 percent below a year ago and noted...

Full Story »
Apr 26 8:31 AM, Urner Barry


ANALYSIS: Pandemic-Related Issues Continue to Affect Slaughter Levels 

Pandemic-related issues including labor availability continue to affect cattle and hog processing levels more than a year after...

Full Story »
Apr 23 8:34 AM, UB Newswires


CHART: Industry Expectations for Weekly Cattle Slaughter  

Full Story »
Apr 19 2:14 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Apr 12 2:22 PM, Urner Barry


Australian Beef Seasonal Outlook: Green Grass and Empty Pens

With breeding cattle inventory recovering from the lowest levels in over 30 years, there’s a unique opportunity to assess and then act on the future for the Australian beef industry. A number of challenges currently confront the Australian beef industry, including high cattle prices, low supplies, and China trade access. Australia’s position in the global protein world needs to be considered in rebuilding the herd.

Is Australia to be a supplier to high-quality niche markets, commodity supplier (of lean beef) to global trade, exporter of live cattle, or exporter of value-added beef to trade markets? “Any or all of these options may apply, but choosing one sets a path for the future. Decisions taken this year are not just about...

Full Story »
Apr 9 8:28 AM, General News


ANALYSIS: Turkey Thigh Meats Get a Leg Up

With springtime now in full swing, seasonal outreach is beginning to develop...

Full Story »
Apr 8 8:29 AM, Urner Barry


ANALYSIS: Pork Ribs Soar into April

Pork ribs traditionally witness a rally starting in April which extends into the summer months as increased demand for grilling reaches its peak. This year however...

Full Story »
Apr 7 8:25 AM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Apr 5 2:15 PM, Urner Barry


Mar 24 11:16 AM, Urner Barry Video

State of the Market Episode 13: Summer-esque Pork Highs

This week on State of the Market, Market Digest host Laura Zinger and Market Reporter Russ Barton discuss the pork market. Russ details summer-esque highs for many items including bellies and trimmings due to low cold storage supply, light slaughter levels, strong retail demand, and more.

Full Story »

CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Mar 22 1:38 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Mar 15 1:45 PM, Urner Barry


January Red Meat Exports Below Year-Ago Levels Amid Transportation, Labor Challenges

U.S. beef and pork exports opened 2021 below the large volumes posted a year ago, according to January data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Beef exports totaled 105,047 metric tons (mt) in January, down 2% from a year ago, while value slipped 3% to $653 million. The decline was due mainly to lower beef variety meat shipments, as muscle cut exports were steady with January 2020 at 81,398 mt, valued at...

Full Story »
Mar 10 8:23 AM, General News


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Mar 8 1:39 PM, Urner Barry


ANALYSIS: Boneless Breasts: Searching for Seasonality

Most key lines within the chicken complex have performed quite admirably so far this year and jumbo boneless breasts are no exception...

Full Story »
Mar 8 8:29 AM, Urner Barry


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...

Full Story »
Mar 5 8:24 AM, UB Newswires


ANALYSIS: A Glance at End-January Pork and Beef Cold Storage Stocks

USDA monthly cold storage data released last week showed combined meat and poultry stocks held in the nation's freezer warehouses at the end of January at...

Full Story »
Mar 2 8:24 AM, UB Newswires


CHART: Industry Expectations for Weekly Cattle Slaughter

Preview

Full Story »
Mar 1 2:01 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Feb 22 2:24 PM, Urner Barry


ANALYSIS: Q1 Production Outlook Lends Credence to Industry Expectations

The latest release of the USDA’s Livestock, Dairy and Poultry Outlook Report is slow to raise any eyebrows as the ready-to-cook (RTC) production forecast of most key lines continues to...

Full Story »
Feb 19 8:27 AM, Urner Barry


Extreme Winter Weather and Bitter Cold Disrupts Meat Processing Plants

Millions of Americans are currently under winter weather advisories as extreme weather continues to bring unprecedented low temperatures across parts of the southern Contiguous United States. Record cold temperatures, mainly in the South Central U.S., are expected today and can range between 35 to 45 degrees below normal, according to the National Weather Service. The Arctic air mass is forecast to modify on Wednesday with fewer record cold temperatures, but temperatures will still remain well below normal. 

These dangerously low temperatures not seen in decades coupled with snow and ice have created treacherous situations for the central and southern parts of the country. In Texas, millions of power outages have resulted from...

Full Story »
Feb 16 8:33 AM, UB Newswires


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Feb 15 2:45 PM, Urner Barry


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...

Full Story »
Feb 15 8:30 AM, Urner Barry


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...

Full Story »
Feb 11 8:20 AM, UB Newswires


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Feb 8 4:18 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Jan 25 2:59 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Jan 18 2:02 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Jan 11 1:29 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Jan 4 2:34 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter


Full Story »
Dec 28 1:12 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Dec 21 1:43 PM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Dec 14 1:30 PM, Urner Barry


ANALYSIS: Chiming In on Chicken Leg Quarters

Those with exposure to chicken back half items are no stranger to this year’s uninspiring and highly volatile trade environment...

Full Story »
Dec 11 12:50 PM, Urner Barry


ANALYSIS: Pork Butts at Decade Lows for December

Bone-in pork butts have witnessed pressure in the market since the beginning of October, following almost...

Full Story »
Dec 9 8:19 AM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Dec 7 2:12 PM, Urner Barry


ANALYSIS: Australian Beef and Veal Exports to USA Hit Record Low in November

This week the Australian Department of Agriculture (DAFF) reported total beef and veal shipments to the United States at...

Full Story »
Dec 4 8:20 AM, Urner Barry


UK Government Consults on Ending Live Animal Exports for Slaughter

Plans to ban the export of live animals for slaughter and fattening have been unveiled by the Environment Secretary today, in the start of a renewed push by government to strengthen the UK’s position as a world leader on animal welfare.

These proposals form part of an eight-week consultation, launched in England and Wales, seeking views on how to better protect animal welfare during transport.

Live animals commonly have to endure excessively long journeys during exports, causing...

Full Story »
Dec 3 8:43 AM, General News


ANALYSIS: Cash Cattle Prices Could See Pressure in Q1

Boxed beef prices appear to be seasonally topping after staging an impressive rally throughout November. Although some primals continue to be...

Full Story »
Dec 3 8:20 AM, Urner Barry


CHART: Industry Expectations for Weekly Cattle Slaughter

Full Story »
Nov 30 2:02 PM, Urner Barry







Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.