5 stories found
BMO Capital Markets senior analysts view the USDA's decision to lift the year-long ban on Mexican live cattle imports as a 'clear positive' for two struggling meatpacking companies.
Senate Democrats have introduced legislation aimed at breaking up major meatpacking companies.
Bonds for meatpacking companies have reportedly plunged to 19 cents, indicating lingering default risks within the industry.
A new US Senate bill aims to break up the monopoly held by large meatpacking companies, addressing concerns about market concentration in the industry.
An article argues that breaking up meatpacking companies, often proposed to lower beef prices, would actually lead to more expensive steak.