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STURGIS, SD – A new webinar from USDA’s Economic Research Service looks at price spreads for beef, going back to the 1970s. The disparity between what retailers, wholesalers, farms and byproducts take as value has widened over the years, leaving farm value percentages lagging in the minds of many market analysts. Presenters William Hahn, Hayden […]
SAO PAULO, BRAZIL – Brazilian meatpacker JBS SA posted a first-quarter profit that beat expectations on the back of strength in its United States business, according to a financial statement on Wednesday. Despite posting a 151.4% increase in profit, high global grain prices and Brazil’s sluggish economy challenged the world’s biggest meat company, in addition […]