Tyson Says Labor Shortage Hits Poultry, Lifts Sales View on Beef

Michael Hirtzer –Mon., May 10, 2021, 5:34 p.m.·3 min read Tyson Foods Inc. warned it’s struggling to meet rebounding chicken demand because of a worker shortage and slow hatchings, even as a strong beef market will boost overall sales. The biggest U.S. meat company is seeing robust demand as the world […]

Cargill invests in plant-based meat company

Responding to flexitarian consumers’ growing appetite for plant-based products that deliver a “meat-like” experience, Cargill is investing in Bflike, a start-up created by BOX NV, which is poised to be a new technology leader in the rapidly evolving meat and fish alternatives categories.

Cold storage report points to lower overall levels of meat and poultry

USDA’s latest cold storage report shows the animal protein supply chain still struggling with the impacts of COVID-19. At the end of February, total cold storage stocks of meat and poultry (excluding duck) came in at 2.12 billion pounds, approximately 330 million pounds, or 13%, below a year ago.