Major meat companies need to address environmental negligence claims before it harms the bottom line 16 Nov 2020 Consultancy firm GlobalData says that JBS, BRF and other meat manufacturers need to address environmental negligence claims before retailers cut ties altogether.
JBS eyes further expansion after strong third-quarter profits 13 Nov 2020 Brazil’s JBS SA reiterated its plans to grow production capacity in Brazil and the US after posting robust third-quarter results.
CME update: lean hog futures fall back as slaughter pace slows 12 Nov 2020 US lean hog futures trimmed to their lowest point since 7 October on 11 November as a slower slaughter pace threatens to back up production.
JBS posts higher than expected quarterly profit, defying estimates 12 Nov 2020 Brazilian meat packing giant JBS SA reported a near nine-times increase in third-quarter net profit, beating market expectations.
US meat company fights state order to close after coronavirus outbreak 12 Nov 2020 A US meat company that supplies Walmart and Costco is suing the state of New Mexico to fight an order that seeks to close a production facility where more than 100 workers have tested positive for COVID-19.
Brazil’s meatpackers face on-going sustainability issues 11 Nov 2020 Socially conscious investors rank Brazil’s meatpacking giants JBS and BRF as “medium” risk and Minerva as “high” risk, saying that the firms have yet to address key sustainability issues.
CME update: lean hog futures weaken as corn prices surge 11 Nov 2020 US lean hog futures ended lower on 10 November as skyrocketing corn prices signalled that feed costs will increase.
CME update: futures market remains mixed 3 Nov 2020 CME lean hog futures ended mixed on 2 November while pork cut-out prices rose.
Covid-19's impact on the global protein market 2 Nov 2020 Analyst Brett Stuart shares what to watch for in 2021 in terms of beef, pork and poultry markets
CME update: lean hog futures ease but cash prices remain strong 28 Oct 2020 US lean hog futures faltered on 27 October, but underlying support for futures market remains.
Tyson workers to replace some federal inspectors at US beef plant, with pork and poultry companies following suit 28 Oct 2020 Tyson Foods says that it plans to have company employees take on duties from more than a dozen federal inspectors from January 2021.
Russia detects traces of ASF in finished pork products 26 Oct 2020 Russia’s agriculture safety watchdog said that it had found traces of African swine fever in pork products in several regions.
Two Brazilian meat plants operated by BRF and Marfrig to restart sales to China 26 Oct 2020 Beijing has authorised two Brazilian meat packing plants to resume sales to China after receiving bans over COVID-19 concerns earlier this year.
Covid-19 creates perfect protein pricing forecast storm 26 Oct 2020 Brett Stuart, President of Global Agri-Trends, explained Covid-19’s impact on global protein markets
One new ASF case in Germany’s wild boar population 21 Oct 2020 One additional case of African swine fever has been confirmed in wild boar in Brandenburg, Germany.
Smithfield Foods CEO to retire in early 2021 20 Oct 2020 Smithfield Foods Inc, the world's largest pork processor, said on 19 October its President and Chief Executive Officer Kenneth Sullivan will retire in early 2021 after five years at the helm.
Stalled Brexit negotiations threaten EU agri-food industry 19 Oct 2020 Members of the EU-wide agri-food sector welcome continued negotiations between the UK and EU, but ask for greater clarity and support when planning for the future relationship.
On World Food Day, JBS initiated meal distribution, food debate 17 Oct 2020 JBS scheduled a series of actions to expand the debate about food safety, conscientious consumption and sustainable production
CME update: lean hog futures hit 10-month high 16 Oct 2020 US lean hog futures rose to a more than 10-month high on 15 October as meat demand continued to strain processor capacity and COVID-19 cases rise across the United States.
Pig outlook: Lean hog futures hit 8.5-month high, more upside likely 16 Oct 2020 Read the latest updates on the global hog market from Jim Wyckoff.
