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Balanced Reporting. Trusted Insights.
Friday, March 31, 2023
The Justice Department and multiple state attorneys general are engaged in an ongoing investigation into potential price fixing by the nation’s four largest beef processors, according to previously unreleased documents acquired by Agri-Pulse.
FAO's measure of global food commodity prices fell slightly in April, driven by an easing of corn and vegetable oil prices, after jumping 13% the month before following the Russian invasion of Ukraine.
A majority of consumers blame pandemic-related disruptions for the sharp rise in meat prices that has taken place over the past two years, according to a new Purdue University survey.
Supermarket prices shot up a full 1% in January, despite a decline in the cost of beef and pork, and are up 7.4% over the past year as inflation shows little sign of abating.