Insights and Stories on JBS

Apr. 22, 2020 at 5:05 pm CDT

UPDATED — Reuters — Tyson Foods is shuttering two pork processing plants, including its largest in the United States, to contain the spread of the coronavirus, further tightening meat supplies after other major slaughterhouse shutdowns. The closures are limiting the amount of meat the U.S. can produce during the outbreak […]

By Tom Polansek

Apr. 22, 2020 at 4:39 pm CDT

Chicago | Reuters — U.S. hog and live cattle futures eased on Wednesday, with the cash market for the animals weak as processing plants were forced to shut down due to the coronavirus outbreak, traders said. Tyson Foods will indefinitely suspend operations at its largest U.S. pork plant to contain […]

By Mark Weinraub

Apr. 21, 2020 at 2:55 pm CDT

Ottawa/Winnipeg | Reuters –– The Canadian government is not expecting a beef shortage despite the spread of the COVID-19 coronavirus in certain meat-packing plants, though prices may rise, Prime Minister Justin Trudeau said on Tuesday. Trudeau added that beef producers are placing a priority on supplying the Canadian market before […]

By Kelsey Johnson, Rod Nickel

Apr. 20, 2020 at 5:42 pm CDT

Chicago | Reuters — U.S. hog futures rallied on Monday, with supply expected to tighten after another slaughterhouse was shut down due to the coronavirus pandemic, traders said. “If we have packers up and running we know we have the domestic demand,” said Ted Seifried, chief market strategist for Zaner […]

By Mark Weinraub

Apr. 20, 2020 at 2:45 pm CDT

Chicago | Reuters — JBS USA said on Monday it would indefinitely shut a Minnesota hog slaughterhouse that produces about five per cent of the country’s pork, in the latest disruption to the U.S. food supply chain from the coronavirus pandemic. The closure limits the amount of meat the United […]

By Reuters