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Meat Shortages and Price Hikes Expected After World's Largest Supplier Is Hacked © Provided by Eat This, Not That! meat aisle The world's largest meat supply company was forced to shut down slaughterhouses because of a cyber attack over Memorial Day Weekend… and the fallout may lead to shortages and more expensive meat at your local grocery store. JBS SA canceled shifts and halted production after hackers attacked the company's computer systems on Sunday, according to Bloomberg. JBS is responsible for about 25% of the U.S.'s beef production and 20% of pork, as well as a vast supply of m...

5/20/2021 WASHINGTON, May 20 (Reuters) - Claxton Poultry Farms Inc has been indicted in Colorado on charges of price-fixing broiler chickens produced for sale to restaurants and grocery stores, the U.S. Justice Department said on Thursday. The company’s president, Mikell Fries, and vice president Scott Brady were previously indicted for their roles in a nationwide conspiracy to fix chicken prices from 2012 to 2019. If found guilty, Claxton could be fined $100 million or twice what it gained from participating in the price-fixing. Claxton, which is based in Georgia, sells 300 million p...

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 ...

(villagemoon/Getty Images) The animal rights/radical environmentalist cabal wants to get us to quit eating meat. The vegans claim the mantle of compassion — ignoring the fact that human beings are naturally omnivores and that the only way to go totally meat and dairy free is to take supplements. Even then, such diets are bad for children. The environmentalists want to make us quit eating meat because of food animals’ supposed contributions to global warming. Much of the focus is on cattle, but we are told that the climate crisis! requires drastic cuts in meat consumption. America apparent...

Pilgrims Pride Corp (PPC) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Pilgrims Pride Corp (NASDAQ: PPC) Popular Searches Operator Good morning, and welcome to the First Quarter 2021 Pilgrim's Pride Earnings Conference Call and Webcast. [Operator Instructions]. At the company's request, this call is being recorded. Please note that the slides referenced during today's call are available for download from the Investor Relations section of the company's website at www.pilgrims.com. [Operator Instructions]...