Items Tagged with 'meat'

In a pessimistic outlook for the 2023 farm economy, CoBank analysts say the upcoming year will be shaped by political gridlock in Washington and financial conditions that soften the American economy into a period of economic contraction.

A key measure of international food commodity prices declined for the third straight month in June but remained close to the record set in March.

Supermarket prices jumped 0.8% in November, pushing the inflation rate for food costs to 6.4% over the past year, the largest increase for a 12-month period since 2008. The White House claims meatpackers bear a lot of the blame.

The Food and Agriculture Organization of the United Nations says global food prices rose in May at their fastest monthly rate in more than a decade.

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.

California’s produce farmers and processors are confused and concerned by a raft of letters from Chinese importers, demanding they provide guarantees in writing that their fruit and vegetables present no risk of spreading COVID-19, something that is not considered a threat by U.S. or international health agencies.

Senate Democrats, setting the stage for a new COVID-19 relief bill, are proposing to spend $8 billion to bolster the food supply chain and to redistribute surplus commodities.

While many large meat processing plants slowed down or temporarily closed due to the spread of COVID-19 among their employees, many small, local meat lockers are seeing a boom in demand for custom butchering.