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News
Trump’s Mandatory COOL Review Draws Industry Concerns
4+ day, 23+ hour ago (334+ words) The Meat Institute raised concerns about the Trump administration’s consideration of mandatory country-of-origin labeling for beef, arguing that reinstating the policy would increase costs throughout the beef supply chain. President Donald Trump signed an executive order Sept. 4 directing USDA, in…...
Trump Questions Survival of ‘Very Nasty’ Big Four Beef Packers
5+ day, 15+ hour ago (326+ words) President Donald Trump suggested that cattle processing by ranchers would be safer than in plants owned by the four largest beef packers, whom he accused of being monopolists. In an Oval Office signing surrounded by ranchers on Friday for a…...
Lawmaker Moves to Block Trump’s 90-Day Beef Import Expansion
5+ day, 23+ hour ago (272+ words) Rep. Shomari Figures (D-Ala.) said he planned to introduce legislation to reverse the Trump administration’s temporary expansion of the tariff-rate quota for imported lean beef trimmings. President Donald Trump issued a proclamation Aug. 26 increasing the amount of lean beef trimmings…...
Tyson Beef Settlement Could Yield $27.5M in Legal Fees
6+ day, 14+ hour ago (258+ words) Attorneys representing beef purchasers asked a federal judge to award $27.5 million in legal fees from Tyson Foods’ $82.5 million settlement of long-running beef price-fixing litigation. The direct purchaser plaintiffs filed the request Tuesday in the U.S. District Court for the District…...
Trump Targets Packer Competition in New Executive Orders
1+ week, 16+ hour ago (227+ words) President Donald Trump signed two executive orders aimed at supporting U.S. cattle producers, including measures directing USDA to increase Packers and Stockyards Act enforcement and expand interstate market access for small and regional meat processors. Under one order, USDA was directed…...
Tyson: 'Our Plants Remain for Sale to Any Able Buyer, Foreign or Domestic"
1+ week, 4+ day ago (318+ words) Agriculture Secretary Brooke Rollins has said that shuttered Tyson Foods beef plants would not be sold to foreign buyers, but the company on Wednesday denied any intentions to limit its options. Attending the Farm Progress Show in Boone, Iowa, Rollins…...
Hales: Why Cattle Futures Aren’t Buying the Cash Market’s Story
1+ week, 5+ day ago (131+ words) Hales Trading Co., based in Amarillo, Texas, is a commodity trading advisory firm specializing in cattle market analysis and futures trading strategies. Led by industry veteran David L. Hales, the firm publishes the widely followed Hales Cattle Letter, a daily report…...
Rollins Defends Trump's Import Plan to a Beef-Country Audience
1+ week, 5+ day ago (333+ words) Agriculture Secretary Brooke Rollins fully endorsed President Trump’s plan to increase U.S. beef imports via temporarily suspending tariffs during a visit to a leading cattle-producing state. According to a report from the Hastings Tribune, Rollins was in Nebraska at an…...
'Investment in the Future': Beef Plant to Reduce Operations, Payroll Amid Renovation
1+ week, 6+ day ago (225+ words) FPL Food announced a renovation of its Augusta, Ga., facility that will coincide with a reduction in operations. According to a release from the company, the plant’s operations will be reduced this November and 183 positions will be eliminated. Full operations…...
Trump Plan to Expand Rancher Processing Draws Industry Backlash
1+ week, 6+ day ago (549+ words) Meat industry and cattle sector groups pushed back against President Donald Trump’s plan to make it easier for farmers and ranchers to process and sell their own meat, warning that weakening federal inspection requirements could jeopardize food safety and consumer…...