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The price spread is the difference in a food’s value at different stages of production and marketing.

Beef price spreads continue to cripple cow-calf producers

USDA ERS
July 6, 2022
Agriculture

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 […]

JBS first quarter profits rise to $1 billion, attributed to its U.S. businesses

South Dakota Ag Connection / News Staff
May 13, 2022
Agriculture

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 […]