Articles tagged under: meat packers
Expansion is a Double Edged Sword
Published November 13, 2022
CattleFax CEO Randy Blach spoke the expansion of meat processing while at the U.S. Meat Export Federation Strategic Planning Conference in Oklahoma City. Labor shortages are a huge obstacle faced by packing plants. "Are we going to continue to have…Rounds Talks Policy at Corn Conference
Published January 24, 2022
South Dakota Senator Mike Rounds was featured at the South Dakota Corn University event in Sioux Falls Saturday. Rising food prices are making headlines, but Rounds said the general public needs to understand the entire story. "Consumers are telling their…Meat Institute Disputes White House Packer Claim
Published January 23, 2022
The Biden administration has dubbed the rising retail value of meat coupled with higher packer margins “exploitations” of consumers and farmers. The North American Meat Institute disputed that claim saying consumers saw increased meat prices in 2021 because of labor…State Attorney Generals Encourage Enforcement of Packers & Stockyards Act
Published January 3, 2022
Attorney Generals from 16 states including North and South Dakota encouraged Secretary of Agriculture Tom Vilsack to strengthen the enforcement of the Packers and Stockyards Act. They discussed the consolidation in the meat industry that’s risen in recent years. The…White House Addresses Packer Concentration
Published September 9, 2021
The Biden Administration is taking action to address concentration within the meatpacking industry. In a White House briefing, National Economic Council Director Brian Deese cited the rising cost of food. "About half of the overall increase in grocery prices can…NDFB Sets New Policy Priorities in Annual Meeting
Published November 23, 2020
NDFB met in Bismarck on Friday for their annual meeting. President Daryl Lies says the day-long event focused on a variety of policies including private property rights. "We're always finding new things that need to be changed including the open…Packers Could ‘Drag Their Feet’ on Running at Full Capacity
Published May 7, 2020
Market analysts are closely watching how the meat packing companies handle reopening. Because of the current margins, there may not be much incentive for the packer to run at full capacity. "Following the boxed beef numbers closely, I think there's…OCM Seeks to “Breakup” Big Four Meatpackers
Published May 4, 2020
The Organization for Competitive Markets is calling for the breakup of the “big four” meat packing companies. Together, Cargill, JBS, National Beef and Tyson process 85 percent of the U.S. beef supply. In a statement, Organization Interim Executive Director Ben…