Tag

Meatpacking

All articles tagged with #meatpacking

business4 days ago•12 min saved

Beef-price surge pushes Texas BBQ legends toward closure

Beef prices hit a record $9.64 per pound in April, up about 13% year over year, squeezing iconic Texas BBQ joints and forcing closures or drastic changes (e.g., Kirby’s BBQ in Houston). Brisket prices have risen sharply (as high as about $38 per pound for consumers), with other costs pushing shops into survival mode. Industry blame points to inflation, tariffs, and meatpackers who set prices amid a shrinking cattle herd, while regulators investigate meatpackers and policymakers debate tariff responses amid ongoing price pressures.

via Yahoo Finance|

#beef-prices #business #inflation

business22 days ago•14 min saved

DOJ wraps up meatpacking antitrust case to help lower grocery bills

The U.S. Department of Justice announced a settlement in a meatpacking antitrust case, saying the accord is intended to reduce consumer grocery prices, with Acting Attorney General Todd Blanche speaking at a Washington news conference in May 2026.

via AP News|

#antitrust #business #doj

business1 month ago•13 min saved

Greeley meatpacking workers seal deal with JBS USA

Workers at JBS USA's meatpacking plant in Greeley, Colorado, have reached a negotiated agreement with the company after labor talks, signaling a resolution for the site's workforce.

via AP News|

#business #colorado #jbs-usa

business2 months ago•4 min saved

3,800-Worker Strike at Colorado Beef Plant Demands Higher Pay and Health Benefits

About 3,800 workers at Swift Beef Co.’s JBS USA-owned plant in Greeley, Colo., walked off in the first U.S. beef-slaughterhouse strike in four decades, pressing for higher wages and better healthcare while unions accuse the company of unfair labor practices and PPE cost charges; the company says its offer is fair and accuses the union of stalling negotiations.

via PBS|

#business #jbs-usa #labor

business2 months ago•5 min saved

Greeley JBS Plant Sees Major Strike as 3,800 Workers Demand Higher Wages and Safer Conditions

Thousands of JBS workers at the Greeley, Colorado meatpacking plant walked off after eight months of failed contract talks over pay and safety—about 3,800 employees picketed—as UFCW Local 7 says management sped up production and shifted costs; JBS says the union ended negotiations and rejected its offer. This marks the first meatpacking strike since 1985.

via The Colorado Sun|

#business #greeley #jbs

business2 months ago•305 min saved

Colorado meatpacking strike marks first walkout in four decades

Thousands of UFCW Local 7 workers at JBS’s Greeley beef plant walked off in the industry’s first strike in 40 years, protesting wages, safety equipment and healthcare as a new contract talks stalled. JBS says it will operate the facility during negotiations, while beef prices rise and policy moves to offset costs add context.

via CNN|

#business #colorado #jbs

business2 months ago•2 min saved

Colorado Beef Plant Readies Historic 3,800-Worker Strike

About 3,800 workers at Swift Beef Co.’s Greeley, Colorado, plant are set to strike Monday, the first U.S. beef slaughterhouse walkout since 1985, after union officials accused JBS USA of retaliation and other unfair labor practices during contract talks that expired at midnight Sunday; 99% of workers voted to authorize the strike; management says it will operate two shifts and move production to other facilities, and workers who don’t strike can still work and be paid; the strike occurs amid a 75-year low in U.S. cattle inventories and rising beef prices, with broader industry concerns following the January closure of a Nebraska plant.

via NBC News|

#business #greeley #jbs-usa

business6 months ago•2 min saved

Trump orders DOJ investigation into meatpackers over beef prices

President Trump announced an investigation into the meatpacking industry for alleged collusion and price fixing amid rising beef prices, which have surged 13% year over year due to structural issues like drought and labor shortages. The move comes as the administration faces an affordability crisis and industry consolidation, with some companies previously settling price-fixing allegations. The investigation aims to address concerns over artificially inflated prices and foreign ownership influence, but the impact on prices remains uncertain.

via Axios|

#antitrust #business #meat-prices

world10 months ago•1 min saved

Impact of ICE Raid on Nebraska Meatpacking Plant

The ICE raid on Glenn Valley Foods in Nebraska resulted in the detention of over half the workforce, causing a 70% drop in production and raising concerns about the company's future operations.

via The New York Times|

#ice-raid #immigration-enforcement #meatpacking

business11 months ago•1 min saved

Modern Slaughterhouse Rebrands as Eco-Friendly

A new $400 million meatpacking plant in Nebraska, Sustainable Beef, is transforming perceptions of slaughterhouse work by offering improved conditions, higher pay, and daytime shifts to attract local workers and immigrants, aiming to revitalize the industry and create additional jobs, despite some local concerns about demographic changes.

via Newser|

#business #immigration #industry

business11 months ago•1 min saved

JBS Makes U.S. Stock Market Comeback with Trump Ties

JBS, the world's largest meatpacker from Brazil, has made a significant comeback and is now listed on the New York Stock Exchange, with some attributing its resurgence to the deal-making era of President Trump, despite ongoing legal issues related to corruption, price-fixing, child labor, and environmental crimes.

via The New York Times|

#brazil #business #comeback

business11 months ago•2 min saved

JBS Debuts on NYSE Amid Scandal and Expansion Plans

Brazilian meat giant JBS made its U.S. public debut on the NYSE at $13.65 per share, valuing the company at around $30 billion, surpassing Tyson Foods. The company, with a history of corruption scandals and a complex reorganization, finally listed after years of planning, despite opposition and regulatory hurdles, and now trades under the ticker 'JBS'.

via CNBC|

#brazil #business #initial-public-offering

business11 months ago•1 min saved

Global Meat Giants Expand and Debut on U.S. Stock Market

JBS, the world's largest food company, is planning to list on the NYSE to expand its market share in America, potentially increasing its influence but also facing environmental and political challenges.

via The Economist|

#business #food-industry #jbs

world11 months ago•3 min saved

Omaha Meat Plant Raid Sparks Confusion and Protests

Immigration authorities conducted a large-scale raid at Glenn Valley Foods in Omaha, targeting workers suspected of unauthorized employment, despite the company's compliance with E-Verify, leading to community concern and confusion among company officials about the reasons for the raid.

via Politico|

#ice-raid #immigrant-workers #immigration

immigration11 months ago•7 min saved

ICE conducts major immigration raids at Omaha meatpacking plants

A surprise immigration raid at Glenn Valley Foods in Omaha, Nebraska, led to the detention of several workers amid protests and community concern, highlighting ongoing issues with immigration enforcement and employment verification systems.

via Flatwater Free Press|

#ice #immigration #meatpacking