Page 6 - Don Close News Today

Production Resumes at Meat Plants After a Cyberattack Some JBS beef processing plants were operational, but not at full capacity, union officials said, after a ransomware attack shut nine plants, affecting thousands of workers. A dormant JBS processing plant in Greeley, Colo.Credit...Chet Strange/Getty Images June 2, 2021Updated 4:46 p.m. ET Production began to resume at nine beef plants in the United States on Wednesday, a day after a cyberattack on the world’s largest meat processor forced ...

Beef and pork prices hover at near record high due to labor shortages, high grain and energy costs and just plain old demand

Beef and pork prices hover at near record high due to labor shortages, high grain and energy costs and just plain old demand

Cattle liquidation delay has implications for pork, poultry USDAs latest cattle inventory report showed a smaller herd, but perhaps not small enough given long-term trends. With higher feed costs, 2021 will be very interesting for beef, pork and poultry producers. Feb 05, 2021 The U.S. Department of Agriculture reported last week that beef cattle inventories were slightly smaller than a year ago, but given long-term market trends, there may yet be too many cows producing too many calves...

Ag News: Pandemic Disruptions for Beef **Pandemic disruptions to the beef industry will likely linger into 2021, but the result may not be all bad, according to Don Close, senior animal protein analyst at Rabo AgriFinance. Close tells agweb.com, the lower inventory of calves this year will show up in on-feed inventories by late-spring, and that will result in counter-seasonal fed cattle prices. For cow-calf producers, Close says the smaller supplies of feeder cattle will support prices, but exp...

Pandemic Disruptions for Beef and Ag Groups Pleased with COVID Package Monday Dec 28th, 2020 From the Ag Information Network, I’m Bob Larson with your Agribusiness Update. **Pandemic disruptions to the beef industry will likely linger into 2021, but the result may not be all bad, according to Don Close, senior animal protein analyst at Rabo AgriFinance. Close tells agweb.com, the lower inventory of calves this year will show up in on-feed inventories by late-spring, and that will r...