US Legislators Propose Examination of Meat and Poultry Industry Competition
WASHINGTON — A new legislative proposal has been introduced by US Representatives Randy Feenstra (R-Iowa) and Elissa Slotkin (D-Mich.) to promote fair competition within the meat and poultry sectors. Named the Livestock Consolidation Research Act, this bill mandates the US Department of Agriculture’s Economic Research Service (ERS) to undertake a comprehensive study assessing industry consolidation’s […]
Agri Stats Challenged by DoJ Over Alleged Anti-Competitive Meat Practices
The US Department of Justice (DoJ) has lodged a civil antitrust lawsuit against Indiana-based data provider Agri Stats. The lawsuit alleges that Agri Stats engaged in “anti-competitive” practices, which in certain instances resulted in elevated meat prices. The DoJ claims that Agri Stats, established in 1985, facilitated anti-competitive information exchanges among broiler chicken, pork, and […]
NASS Releases 2023 Grain Stocks Report, Highlights Key Figures
LONDON – The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) has unveiled its latest Grain Stocks report, shedding light on the country’s current state of grain stocks. The report indicates a minor decline in corn and soybean stocks as of 1 September 2023. Specifically, old crop corn stocks have been documented at 1.36 […]
US Hog Numbers Show Slight Uptick, Reports NASS
WASHINGTON — The US Department of Agriculture’s National Agricultural Statistics Service (NASS) unveiled its recent Quarterly Hogs and Pigs report on 28th September, pointing to a modest ascent in the US hog count. As of the start of September, US farms housed 74.3 million hogs and pigs, reflecting a minor increase from the same timeframe […]
Greenhouse Gas Emissions in the Meat Sector: A Comprehensive Study
Executive Summary: The North American Meat Institute (NAMI) has established an ambitious objective: by 2030, every member should have greenhouse gas (GHG) reduction targets endorsed by the Science-Based Targets (SBT) Initiative. This is part of NAMI’s broader strategy to enhance five key areas in line with global objectives consistently. As of June 2023, 12 NAMI […]
Optimism Prevails at Ag Outlook Forum Amidst Food Security Concerns
In the recent ninth annual Ag Outlook Forum held in Kansas City, organised by Agri-Pulse and the Agricultural Business Council of Kansas City, the central theme revolved around addressing the challenge of feeding an ever-growing global population, which is nearing 8 billion. Various experts from the agricultural sector shared their insights and proposed solutions to […]
USDA Commits to $1.75 Billion Relief for Affected Agricultural Producers
The US Department of Agriculture (USDA) has unveiled its comprehensive plan to allocate $1.75 billion in emergency funds to bolster farmers and ranchers adversely impacted by natural disasters spanning 2020 to 2022. This financial support will be rolled out in two meticulously planned phases. Under the Emergency Livestock Relief Program (ELRP) banner, the Farm Service […]
Beef Prices Set to Increase Amid Shrinking Supplies
Consumers who enjoy beef should brace themselves for a financial impact, as industry experts predict a rise in beef prices due to dwindling supplies. Randy Blach, the CEO of Cattle-Fax, a prominent authority on cattle industry trends, recently discussed the situation with Brownfield Ag News. Blach forecasts a 4-5% reduction in beef production in the […]
Value Infusion in Meat Processing
Meat processors continually seek methods to enhance the value of their products. One such method is the injection of brines and cures. This technique not only revitalises lesser cuts of meat but also significantly boosts the bottom line for processors. Unlike batch processes, injection operates inline, representing the most contemporary and efficient method of value […]
USDA Anticipates Easing of Meat Price Inflation in Forthcoming Years
The United States Department of Agriculture (USDA) has unveiled its most recent Food Price Outlook report, providing insights into the expected price movements for red meat and poultry. This disclosure follows a year where these specific categories were instrumental in elevating the food-at-home inflation rate by 11.4%. According to projections from the USDA’s Economic Research […]
