A survey of protein purchasers in food service revealed beef continues to be a frontrunner in the industry in terms of volume, market share and dollars it brings to operations.
Poultry producer Pilgrim’s Pride confirmed Tuesday it countered the offer by Tyson Foods Inc. in the fight over the acquisition of Hillshire brands, increasing its original proposal by $1.3 billion.
The National Cattleman’s Beef Association says it is “extremely disappointed” with the results of the USDA Food Safety Inspection Service’s final audit report conducted on Brazil’s meat inspection system.
Poultry producer Pilgrim’s Pride is offering to purchase Hillshire Brands in an all-cash transaction valued at $6.4 billion on the condition that the brand forfeits its plans to acquire Pinnacle Foods.
The South Dakota Supreme Court ruled last week to allow the Beef Products, Inc’s (BPI) lawsuit against the American Broadcasting Network (ABC) for its news coverage of the company’s lean, finely textured beef product.
USDA Secretary Tom Vilsack reported on recent trade developments with Mexico following a panel discussion at the Global Forum on Agro Food Expectations in Mexico City.