This summer, retail shell egg prices reached record highs, piggybacking on dried, liquid and frozen egg product prices that had touched all-time highs a few months prior.
On Aug. 8, a bipartisan coalition of 10 attorneys general led by Minnesota Attorney General Keith Ellison publicly commented in support of the proposed rule: Transparency in Poultry Grower Contracting Tournaments.
Putting its “deep expertise, unique position connecting the global supply chain, and extensive innovative partnerships to work” helped Cargill lift global revenues 23% in fiscal 2022 ended May 31 to $165 billion, said David MacLennan, chief executive officer, and Brian Sikes, chief operating officer.
Producer Owned Beef LLC, a US beef processing facility owned by cattle producers and operated by beef processing industry veterans, received $12.232 million from the Texas Enterprise Fund.
The National Pork Board and the US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) have sponsored the Secure Pork Supply Plans, a voluntary program to prepare for a transboundary or foreign animal disease outbreak in the United States.
The biggest challenge facing the beef processing sector will come late in the year as ongoing liquidation starts to show up in smaller supplies of both fed and non-fed cattle.