In contrast to fed beef production, nonfed beef production is sharply lower this year, down 12.8 percent year over year.
The fast-food giant is suing Tyson Foods, Cargill, JBS and National Beef for allegedly driving up the cost of beef ...
CattleFax reported beef prices are near record high, while consumer and wholesale beef demand are both at 30-year highs. CattleFax says while drought remains a significant concern right now in the ...
In its complaint, McDonald’s alleges that the price per hundred pounds of cattle had historically stayed within $20 to $40 of the average price per hundred pounds of wholesale beef.
Alan Guebert shares his insights. on McDonald’s decision to sue the big four meatpackers — JBS, Tyson Foods, Cargill and ...
The complaint claims that, while cattle prices declined, beef prices remained high due to this coordinated activity, which widened the gap between the cost of cattle and the wholesale price of beef.
A leading food industry analyst predicts that consumers will face significantly higher beef prices until at least mid-2025, ...
CME December live cattle ended up 1.300 cents at 188.125 cents per pound, while November feeder cattle futures settled up 2.325 cents at 248.925 cents per pound. CME December lean hog futures rose ...
As Americans deal with high prices of beef both at the grocery store and at the drive-thru, fast food giant McDonald's is seeking to go after what it believes to be the root of the problem.
As Americans deal with high prices of beef both at the grocery store and at the drive-thru, fast food giant McDonald's is ...
In May, as McDonald’s continued to swat down lingering rumors that the chain was asking an exorbitant $18 for a Big Mac meal at locations across the country, company president Joe Erlinger wrote ...