Methane emissions from industrial hog and dairy operations are rising and contributing to climate change, yet the industry faces little regulation.
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While hundreds of millions for cheated customers is nothing to sneeze at, it is not clear if these recent settlements will discourage future collusion.
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In its final days, the Trump administration finalized narrow and industry-friendly Packers & Stockyards rules that will leave farmers with little recourse if they are abused by meatpackers.
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A class-action lawsuit accusing major poultry processors of working together to hold down plant workers’ wages will move into the next stage of litigation after a court ruling last Wednesday. However, some of the largest corporate players, including Tyson Foods, Pilgrim’s Pride, and Perdue, could be off the hook unless workers fine-tune their case by mid-October.
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Wholesale beef prices have jumped to record levels, as shoppers stockpile meat in response to the global coronavirus pandemic. But this run on beef isn’t helping cattle ranchers. On the contrary, cattle prices have plummeted since January, putting many ranchers on the brink of collapse.
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Last week, The Wall Street Journal reported that U.S. and Chinese trade officials reached a deal to lift China’s five-year ban on U.S. poultry imports in exchange for the U.S. allowing more Chinese cooked chicken and seafood products.
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Last week, nearly 500 cattle producers from 14 states rallied in Omaha, Nebraska to denounce corporate control over cattle markets and to demand that the Trump administration do something to fix it.
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Will out-of-state investors own a sizable portion of Costco’s chicken production? One investor from North Carolina has applied for permits to build at least 132 chicken houses across nine locations in four Nebraska counties, according to public documents reviewed by Food & Power. Read Claire Kelloway's latest story on how one private equity fund could own a quarter of the chicken houses for Costco’s project in Nebraska.
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This week, livestock farmers and advocacy groups from across the country flew to Capitol Hill to share stories of exploitation by large meatpackers and call for greater farmer protections. At issue is a pending rule by the USDA that will clarify farmers’ grounds to sue meatpackers for retaliation, discrimination, and other abusive practices.
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On Tuesday, several Midwestern feedlot owners along with the Ranchers-Cattlemen Action Legal Fund (R-CALF) filed a class-action lawsuit alleging that dominant meatpackers conspired to depress cattle prices starting in 2015. The case argues that JBS, Tyson, Cargill, and National Beef strategically cut back on open market cattle bids, closed plants, and imported costly foreign cattle in order to force farmers to accept lower prices and manipulate spot market cattle values.
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Last month, the nation’s fourth-largest beef packer, National Beef, announced plans to take over Sysco-owned Iowa Premium, a regional packer focused on processing Black Angus steers for the Upper Midwest. National Beef is majority owned by Brazilian firm Marfrig.
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