Bull slaughter is also down 8.1 percent compared to last year. Tighter supplies of lean trimmings have kept processing beef prices higher this year and the demand for lean has increased demand for ...
Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing .
CattleFax reported beef prices are near record high, while consumer and wholesale beef demand are both at 30-year highs. CattleFax says while drought remains a significant concern right now in the ...
Chicago | Reuters — U.S. live cattle futures inched higher on Monday as rising wholesale beef prices buoyed the market in light-volume trade, analysts said. Chicago Mercantile Exchange December live ...
Fed cattle supplies are not expected to increase through the end of the year ... The harvest total was expected to rebound somewhat this week as packers moved through cattle purchases last Friday.
But now, McDonald’s is suing a crucial link in that chain: the so-called “Big Four” beef producers, accusing them of inflating the price of wholesale beef. It’s a legal battle that is set ...