#beef processors

[sabrinawhill]

California Beef Producers Working Through Tough Market Conditions

California Beef Producers Working Through Tough Market Conditions

Beef producers in California are struggling with precarious market conditions that have been exacerbated by COVID-19 issues.  President of the California Cattlemen’s Association, Mark Lacey explained to AgNet West that while processors are working as quickly as safely possible there are still large cattle inventories in the state.

“We have a large supply of cattle and they’re only capable…

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[roadneighbors-blog]

Tyson Foods expected to report quarterly lower profits on higher revenue

Tyson Foods expected to report quarterly lower profits on higher revenue

Imported from Talk Business.Net

Despite Tyson Foods’ efforts to boost margins across its large processing operations the meat giant struggles to combat excess supplies and higher freight costs that are expected to bring first-quarter net income down by at least 14% compared to a year ago, on a per-share basis.

Tyson Foods reports its first-quarter earnings on Thursday, (Feb.7) ahead of the market…

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[sabrinawhill]

NM Attorney Launches Probe of U.S. Beef Processors

NM Attorney Launches Probe of U.S. Beef Processors

New Mexico’s Attorney General is launching a probe into the business practices of some of the nation’s largest beef processors. He contends the state’s ranchers and cattle farmers are being “harmed by out-of-state corporations.” The Attorney General, Hector Balderas, says he’s concerned about the “unfair and anti-competitive practices” of companies like Cargill, JBS, Tyson Foods, and the National…

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