National Beef Co., controlled by the Brazilian giant Marfrig Global Foods, sees relatively stable margins in the next two quarters, according to Tim Klein, who heads Marfrig’s U.S. operations. That means even though their costs to buy cattle are increasing, the company will ultimately be able to pass that on to consumers in the form of pricier steaks and burgers. …
On a 7-1 vote, the South Dakota Senate Commerce and Energy Committee sent SB 145, ‘An Act to provide protection and workplace safety for meat and poultry processing workers’ to the 41st day of the session, essentially killing the legislation. …
U.S. poultry company Pilgrim’s Pride Corp said on Wednesday it will pay a $ 110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on chicken products. …
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