Items Tagged with 'packing plant'

A proposed 8,000-head-per-day beef processing facility in South Dakota is joining a packed roster of planned and existing plants that could be forced to compete for shrinking cattle inventories in the years ahead.

The Biden administration is set to direct millions of dollars toward boosting the diversification of the nation’s meat processing capacity, but facilities planning on processing cattle could be timing their entry into the market at a difficult time.

Cattlemen’s Heritage Beef Company plans to build a new beef packing plant in western Iowa, adding to the sector’s processing capacity amid calls for greater expansion and diversification of ownership.

A major beefpacker has announced a pair of upcoming facility shutdowns, but not due to the coronavirus pandemic.

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.

A major beef packing plant will come offline this week after detecting coronavirus infections among its staff, two of whom have died.