Cattle Market Update
From Steve Kay, editor and publisher of Cattle Buyers Weekly. Catch a roundup of each week’s cattle-market activity every Friday afternoon! View the market review now!
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Dick Bond Leaving Tyson Foods; Tollett Takes Over
Dick Bond, president and CEO of Tyson Foods Inc. announced today that he is leaving the company, effective immediately....
JBS finishing year on mostly confident note
JBS S.A. made major strides in the U.S. beef industry in 2008, acquiring Green Bay, Wis.-based Smithfield Beef Group and Loveland-based Five Rivers Ranch Cattle Feeding and making a bid for Kansas City, Mo.-based National Beef Packing Co. ...
Cargill agrees to buy Carneco foods
Cargill Value Added Meats is expected to close on the purchase of Carneco Foods LLC in January following the Thursday signing of a purchase agreement between the two food processing operations. ...
Opposition to planned JBS-National Beef merger grows
Coming off a record third quarter, JBS S.A. remains determined to fight a lawsuit filed by the U.S. Department of Justice and 17 state attorneys general to block its intended merger with Kansas-based National Beef. ...
Failures at Hallmark Identified
Following an investigation into undercover footage obtained at the Hallmark plant in Chino, California, and released in early 2008, USDA’s Office of the Inspector General (OIG) concluded that significant failures occurred among the management and inspectors at the plant. ...
JBS Invests Millions in Australian Plate Freezing Facilities
Brazilian packer sued
A New York retirement fund, Westchester Putnam Counties Heavy and Highways Laborers Local 60 Benefit Funds (union pensions), sued Sadia SA, the Brazilian...
DOJ wants four packers
The U.S. Department of Justice (DOJ) decision to block JBS SA's acquisition of National Beef Packing (NBP) delighted opponents of any further consolidation...
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From Our Columnists
Advocate or Perish
"While the affluent nations can certainly afford to adopt ultra low-risk positions toward new advances in agricultural science and technology, and pay...
Don't Market Like 2008
Many ranchers' first inclination in marketing their 2009 calves is to base it on their 2008 calf crop experiences. That could be a serious mistake...
No Silver Bullet
I was so impressed with Richard Roth's letter to the editor that I thought it deserved some follow-up...
