Re-Opening, but Slower Operating Meat Plants As we reported on Tuesday, the President issued an executive order under the Defense Production Act to keep meat and poultry plants open as critical infrastructure. Here is what that means:
The Secretary of Agriculture is now in charge of keeping packing plants open under the order; this means that USDA will coordinate with the Centers for Disease Control (CDC), Department of Labor, and the Occupational Safety and Health Administration (OSHA) in order to ensure that worker safety issues are part of the plants’ oversight, in addition to food and animal health and safety regulated by FSIS and APHIS.
CDC and OSHA have issued worker health and safety guidelines, which include modifie...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
