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Cattle Industry News By Category: Slaughter

18 June 2021
Stung by pandemic and JBS cyberattacks US ranchers build new beef plants
US cattle ranchers and investors are sinking hundreds of millions of dollars into new beef plants after temporary closures of massive slaughterhouses at the start of the COVID-19 pandemic left farmers with nowhere to send animals destined to be turned...
Ireland’s Kerry Group to sell meat and meals business to Pilgrim’s Pride
Irish food firm Kerry Group Plc announced that it would sell its British and Irish Consumer Foods’ Meats and Meals business to US poultry processor Pilgrim’s Pride Corp for €819 million ($975 million)....
Additional pandemic aid is available for US farmers
The USDA is earmarking additional aid to farmers and ag businesses as part of its Pandemic Assistance for Producers Initiative....
16 June 2021
Free trading app helps boost beef profits for UK farmer
Trading cattle in a new way, powered by precision technology, has enabled one farmer to change his system to create a more profitable business....
15 June 2021
Don't sign the UK-Australia trade deal, says RSPCA
The UK's RSPCA is urging Prime Minister Boris Johnson to stop a trade deal with Australia that could see the UK importing food raised at lower animal welfare standards....
14 June 2021
USDA's Cooperative Interstate Shipment Program expands to give more opportunities to meat processors
The Cooperative Interstate Shipment (CIS) Program has expanded to nine states, giving meat and poultry processors more opportunities to ship their products across state lines....
10 June 2021
JBS says it paid equivalent of $11 million in ransomware attack
Meatpacking giant JBS USA says it paid a ransom equivalent to $11 million following a cyberattack that disrupted its North American and Australian operations, the company's CEO said in a statement on 9 June....
09 June 2021
UK government introduces new protections for livestock in second Animal Welfare Bill
New powers increase protections for farm animals will be introduced in legislation, further cementing the UK's leadership in animal welfare....
04 June 2021
JBS says that all facilities are back online after weekend cyberattack
All of meatpacker JBS SA's global facilities are fully operational after a weekend cyberattack disrupted much of its North American and Australian operations....
03 June 2021
Tyson CEO steps down and operating chief King takes the helm
Tyson Foods Inc said on 2 June Chief Executive Officer Dean Banks would step down due to personal reasons after just eight months in the job, turning the helm over to the company's operations head Donnie King....
JBS plants across North America and Australia reopen
JBS SA employees started returning to work at meat plants on 2 June, a day after the company's beef operations stopped following a ransomware attack, disrupting meat production in North America and Australia....
02 June 2021
US says ransomware attack on JBS likely came from Russia
Brazil's JBS SA told the U.S. government that a ransomware attack on the company that disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia, the White House said on 1 June....
01 June 2021
Cyber attack hits JBS meat plants in Australia and North America
Australian and North American units of the world's largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil's JBS SA said in a statement....
31 May 2021
JBS Australia suffers cyber attack
Australia’s largest meat processing facility, operated by Brazil’s JBA SA, was hit by a major cyber attack over the weekend....
19 May 2021
CME update: live cattle futures jump while feeders drop
US June live cattle futures rose on 18 May, with traders saying that the market remains oversold after plunging 2.5 percent on 13 May....
US NFU and leading cattle producer organizations hold historic talks to tackle marketplace issues
National Farmers Union (NFU) recently joined with five other organizations that represent cattle producers to agree to work jointly on issues in the cattle marketplace....
18 May 2021
CME update: live cattle futures close to unchanged
US live cattle futures ended close to unchanged on 17 May, with attempts at a bargain buying rally fizzling out after hitting some key resistance points....
14 May 2021
CME update: live cattle futures tumble 2.5% on long liquidation
US live cattle futures fell 2.5% on 13 May, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs....
13 May 2021
CME update: live cattle futures end mixed and feeders rise as corn prices falter
US live cattle futures closed mixed on 12 May, with the benchmark June contract easing in a light round of profit-taking....
12 May 2021
CME update: live cattle futures extend their rally as beef prices climb
US live cattle futures rose on 11 May for a fifth straight session, following high-flying wholesale beef prices....
Tyson Foods warns that rising costs will erode profits despite lifting its revenue outlook
American meat processing giant Tyson Foods expects that rising costs will hit profits in later quarters of 2021, even though the company raised its full-year revenue forecast due to higher meat prices and improving consumer demand....
11 May 2021
CME update: cattle futures rise again as demand remains strong
US live cattle futures gained on 10 May as cattle processing picked up, led by strong beef prices....
10 May 2021
CME update: cattle futures rise on improved US beef prices and an upswing in demand
US cattle futures rose on 7 May as strong beef prices and demand for red meat that catapulted margins for beef processors....
07 May 2021
CME update: cattle futures rise with wholesale meat prices
US live cattle futures climbed on 6 May as US wholesale prices increased....
06 May 2021
Ontario's meat processors get a boost from Canadian Agricultural Partnership
The $7 million investment will help improve production and safety measures in Ontario's slaughterhouses....
05 May 2021
CME update: cattle futures end lower as supplies rise
US live cattle futures sank on 4 May as traders contended with ample supplies of cattle and a steady slaughter pace....
04 May 2021
CME update: cattle futures end mixed as traders brace for weak cash prices
Despite strong export demand and climbing packer margins, traders reported a mixed day on 3 May....
03 May 2021
CME update: live cattle futures gain ground while feeder cattle continue their decline
US live cattle futures rose on 30 April while feeder cattle futures continued to fall as climbing corn futures translated into higher feed costs....
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