Intermountain Packing News Today

There are 67 new food and beverage industry planned project reports for March 2023, which increased from February.

There are 67 new food and beverage industry planned project reports for March 2023, which increased from February.

OMAHA (DTN) — Lee Reichmuth, who runs a cattle feedyard near Lindsay, Nebraska, recalls a year ago seeing “records broken” in cattle markets, such as boxed beef price moving from a little more than $2 a pound to the range of $4.75 a pound while, at the same time, the April futures contract for fed cattle took a $40 dip in value. A year ago, as much of the country was in lockdown, the supply chain for meat buckled as workers by the hundreds at packing plants across the country tested posit...