Page 20 - Michael Hirtzer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bottemiller Evich writes, “JBS, the world’s largest meat packer, has left the National Cattlemen’s Beef Association in a surprise move that comes as the group began taking a harder line on concerns about market consolidation. “NCBA, the beef industry’s main lobbying operation in Washington, D.C., recently joined with an unusually broad range of farm and cattle producer groups to call for more transparency in the market and ask the Department of Justice to publicly report on its ongoing antitrust investigation. Sixteen members of Congress also wrote to DOJ this week seeking an update...

The renewable fuels market is changing as countries grapple with saving the planet, skyrocketing food prices.

By Isis Almeida and Michael Hirtzer The Mississippi River may reopen to barge traffic in 24 to 48 hours after a second engineering review of the highway bridge that developed a crack is completed, according to people who have been briefed on the situation. A group including the U.S. Coast Guard, Army Corps of Engineers and barge companies met Thursday to discuss the matter, said two of the people, who asked not to be named because the information isn’t public. A plan is being put together to restore traffic once the river is reopened, prioritizing certain vessels, the people said. The highe...

Main artery for Midwest exports closed while Tennessee Department of Transportation inspects highway bridge.

By Michael Hirtzer Tyson Foods Inc. warned it’s struggling to meet rebounding chicken demand because of a worker shortage and slow hatchings, even as a strong beef market will boost overall sales. The biggest U.S. meat company is seeing robust demand as the world economy mends from the pandemic, and it’s raising prices across businesses to pass through higher animal-feed costs and other expenses. That will help make up for thinner returns in chicken, where labor tightness means that plants are operating at about 80% of capacity. Tyson also said it can’t maximize profit in its pork unit ...