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Food imports costs across the world are expected to surge to record levels this year, piling pressure on many of the poorest countries whose economies have already been ravaged by the COVID-19 pandemic, the U.N. Food Agency said on Thursday.
Chicago Mercantile Exchange (CME) feeder cattle futures gained on Thursday, lifted by lower corn futures and firmer back-month live cattle.
The Russian group behind the ransomware attack against meatpacker JBS SA goes by the name of REvil, a source with direct knowledge of the matter told Reuters.
4 Min Read CHICAGO (Reuters) -JBS canceled shifts at large U.S. and Canadian meat plants on Tuesday after the company was hit by a cyberattack over the weekend, threatening to disrupt food supply chains and further inflate food prices. FILE PHOTO: A general view of the JBS USA Worthington pork plant, as the coronavirus disease (COVID-19) outbreak continues, in Worthington, Minnesota, U.S., October 28, 2020. REUTERS/Bing Guan/File Photo The attack caused JBS’s Australian operations to shut down on Monday. The company, the world’s largest meatpacker, said it was working to resolve the incid...
Vietnam will suspend the import of live pigs from Thailand following the discovery of African swine fever in a batch of imported hogs this month, the government said in a statement on Friday.