The world’s largest meatpacker, is preparing to close a beef-processing plant in Pennsylvania, the latest facility to close as a cattle shortage in the U.S. squeezes meatpacking companies.
JBS executives have warned that the U.S. beef industry has more processing capacity than current cattle supplies can support.
Live and feeder cattle futures were lower on Friday with some profit taking after a strong week but also running into chart resistance. Additionally, Scott Varilek with Kooima Kooima Varilek says the ...
Live cattle were higher feeders two sided with hogs sharply higher early Monday. Corn and soybeans were trying to hold gains as wheat fell. Live Cattle Hit Contract Highs Live cattle were higher early ...
Darwin Nissley and other Eastern producers are bracing for higher trucking costs and tighter margins as JBS exits ...
A standoff between Cargill and the union representing one of its beef plants is rattling cattle prices Wednesday. Live-cattle futures were down close to 1% as the agriculture giant locked out about ...