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Shining Light on Farm & Food Policy for 20 Years.
Thursday, May 02, 2024
Cargill and Continental Grain Company have announced plans to acquire Sanderson Farms, the third-largest poultry producer in the nation, for $4.53 billion.
U.S. poultry has only regained access to the Chinese chicken market for about a year and a half, but trade is booming and the U.S. was the number-one supplier to China in the last two months of 2020.
The USDA Food Safety and Inspection Service (FSIS) announced Saturday that Tyson Foods is recalling approximately 8.5 million pounds of ready-to-eat chicken products over concerns that they may be contaminated with Listeria monocytogenes.
Domestic meat consumption rose again in 2020 despite the COVID-19 pandemic and widespread disruptions to restaurants and food service, and the industry is watching to see if stimulus checks and the ongoing economic recovery can boost sales again this year.
The Department of Agriculture expects U.S. farm exports to hit a record $157 billion for fiscal 2021, an increase of $21 billion over the year before, as the global economy recovers and China increases its already strong demand for U.S. corn, soybeans and meat.
European farmers and ranchers offered their support as the EU signed pacts with Mexico, Japan, Singapore and South Korea, but they are raising alarms now over a massive deal with four South American countries that make up the Mercosur trade bloc.
Just eight months ago, U.S. chicken farmers were celebrating the reopening of the Chinese market. Now they’re cheering the dizzying pace of sales that have pushed China to the number-one position in April and May in foreign markets, and the trade shows no sign of slowing down.
Farm groups and their Senate allies are making their final pitches to Capitol Hill for billions in additional aid as lawmakers look to pass what is expected to be the last major coronavirus relief package this year.
U.S. Customs and Border Protection agricultural specialists seized 19,555 pounds of prohibited meats entering the LA/Long Beach Seaport from China between April 6 and June 6.
China has banned chicken from a Tyson Foods plant in Springdale, Arkansas, just as U.S. exports of poultry to Chinese buyers are spiking, according to sources, some of whom spoke on condition of anonymity.
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