Foster Farms announced on Aug. 9 that it increased its entry-level wage to $19 per hour at its Kelso, Wash., poultry processing plant.

Putting its “deep expertise, unique position connecting the global supply chain, and extensive innovative partnerships to work” helped Cargill lift global revenues 23% in fiscal 2022 ended May 31 to $165 billion, said David MacLennan, chief executive officer, and Brian Sikes, chief operating officer.

Producer Owned Beef LLC, a US beef processing facility owned by cattle producers and operated by beef processing industry veterans, received $12.232 million from the Texas Enterprise Fund.

In its recent second quarter report, Premium Brands Holdings Inc., announced that it acquired King's Command, a subsidiary of Versailles, Ohio-based American Foods Group LLC, specializing in cooked meats, and Golden Valley Farms, an Ontario-based deli meats manufacturer.

The National Pork Board and the US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) have sponsored the Secure Pork Supply Plans, a voluntary program to prepare for a transboundary or foreign animal disease outbreak in the United States.

Hormel Foods Corp. will begin operating under a new model on Oct. 31, with three segments — Retail, Foodservice and International.

More consumers buying plant-based alternatives instead of beef could reduce carbon dioxide emissions, but it also could lead to job losses in agriculture, according to a study appearing in the August issue of Lancet Planet Health.

Maple Leaf Foods, Inc.’s big plans for sustained growth in the market for meat alternatives are getting smaller. 

Beyond Meat, Inc. is in a bind, trapped between decelerating meat alternative category sales and the need to sell more volume to support its business.

The biggest challenge facing the beef processing sector will come late in the year as ongoing liquidation starts to show up in smaller supplies of both fed and non-fed cattle.