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Shining Light on Farm & Food Policy for 20 Years.
Friday, August 16, 2024
A bipartisan group of senators are asking the Justice Department to “expediently” investigate what they call “concerning circumstances” within a beef sector rocked by processing capacity issues and accusations of profiteering at the highest levels of the supply chain.
The U.S. and China are making strong progress on implementing the “phase one” trade deal and both sides expect the pact will be successful despite the impacts of the COVID-19 pandemic.
The U.S. exported record amounts of pork and posted very strong numbers for beef sales around the globe in March, despite the COVID-19 pandemic, according to new USDA data compiled by the U.S. Meat Export Federation.
Agriculture Secretary Sonny Perdue expressed confidence at a White House meeting Wednesday that the meat shortages that have forced supermarkets to limit purchases should ease as meatpacking plants fully reopen within the next 10 days.
The disruptions in U.S. meatpacking continue to ripple through supermarkets and now have reached Wendy’s, which once had one of the most famous retail slogans in America: “Where’s the beef?”
A major meatpacking giant posted lower-than-expected earnings Monday and said it is unsure how long the uncertain market brought about by the coronavirus will linger in its bottom line.
COVID-19 forced most people to start eating most meals at home and away from restaurants and food service institutions. Now, food companies of all sizes are trying to adapt to selling food in new ways.
The Department of Agriculture's Animal and Plant Inspection Service is creating a National Incident Coordination Center to help producers who cannot take animals to market as meat processing facilities close due to COVID-19.
USDA reports released Thursday show China has purchased another 1,400 metric tons of U.S. beef and 272,000 tons of U.S. soybeans, demonstrating importers are successfully getting exemptions to the country’s tariffs.
USDA’s $19 billion COVID-19 aid package for farmers may fall well short of compensating producers for the estimated damage of the pandemic, and the department has an ambitious and novel plan to distribute USDA-purchased commodities to needy people.