At this Italian restaurant in New York, Peter Conduras keeps things as customer friendly as he can. But lately, when it comes to the price lists from his suppliers, >> I don't look anymore. >> Eye popping.>> I don't even look anymore. >> The right side of his menu forced to undergo big changes. >> How much are beef prices up for you.>> 12 to 15%. >> Do you eat that cost. >> I eat half of that cost.>> The other half, he says, no choice but to pass it along. A filt minan entree now $48. >> Last year it was pr ...

Anything that curbs the consumption of beef, even Beyond Meat's turn as a meme stock, can combat global warming, @markgongloff says (via @opinion) https://t.co/TEMMFypxgk ...

Ranchers Duke Phillips III, prepares to rope a calf during the final branding at Chico Basin Ranch in Hanover, Colorado on June 29, 2024.President Donald Trump on Wednesday said U.S. cattle ranchers "don't understand" how they have benefitted from his tariffs, adding that they "have to get their prices down."The admonition came after some ranchers have openly criticized Trump's proposal to import beef from Argentina in order to bring down prices for American consumers.Trump claimed that those ranchers "don' ...

You know what time it is. Money, power, politics, and the US bailout of Argentina is hitting another major obstacle. The Wall Street Journal reports multiple banks, just slow down on this, including JP Morgan, Bank America, and Goldman Sachs, the big ones.They're out there hunting for collateral to back a 20 billion loan to the country because they want to make sure they get their money back. It would be part of the Trump administration's $40 billion lifeline. But US banks have not been lending to Argentina ...

President Trump said his administration had struck an agreement to bring down the price of beef for consumers during an event in the Oval Office on Thursday https://t.co/oqBIEHhHOk ...

Group 1 - JBS N.V. is considered one of the best large-cap stocks with more than 50% upside potential [1] - JPMorgan analyst Lucas Ferreira reduced the price target for JBS N.V. to $20 from $21 while maintaining an Overweight rating [1][2] - Barclays analyst Benjamin Theurer maintained a Buy rating on JBS N.V. with a price target of $22 [3] Group 2 - The US chicken margin is expected to be challenging for JBS N.V. in the near term following a 23.5% price drop from its recent peak [2] - The industry is experiencing higher-than-expected supply due to better mortality and placements, despite anticipated price drops after summer [2] - JBS N.V. is a food company that sells pork, beef, lamb meat, and poultry products to various retail and foodservice channels [3]

Group 1 - Major U.S. pork producers have agreed to pay nearly $200 million to settle allegations of a price-fixing scheme that inflated prices for consumers and grocery stores [3][4] - The lawsuit, initiated in 2018, claims that eight leading U.S. pork producers colluded to manipulate production levels and enhance profitability from 2009 to 2021, controlling over 80% of the pork market [3] - Tyson Foods' pork brands, which include Hillshire Farms and Wright Brand bacon, accounted for 11% of the company's $53 billion sales in fiscal year 2024 [4] Group 2 - Tyson Foods has agreed to pay $85 million, marking the largest settlement in a price-fixing case that has been ongoing for seven years, surpassing Smithfield Foods' previous $75 million settlement [7] - The lawsuit alleges that Tyson and other major producers used the Agri Stats platform to artificially raise pork prices by intentionally limiting supply [7] - Tyson has faced multiple allegations of price-fixing, including a $221 million settlement related to chicken prices in 2021 [5]

JBS N.V. (NYSE:JBS) is one of the best FMCG stocks to invest in. On September 17, the company reiterated that it is preparing for a shift in Brazil’s cattle cycle, which could result in reduced availability of animals for slaughter. JBS N.V. (JBS) Eyes Partnerships and Contracts to Offset Cattle Supply Shortfall in Brazil Valentyn Volkov/Shutterstock.com The number one beef exporter is preparing for a significant drop in cattle supply in the country at a time when other nations, such as the U.S., are fe ...

Demand for beef is high, cattle herds are thin, prices are soaring—and after years of struggling, ranchers like it this way https://t.co/xwMOc0OtLx ...

Industry Overview - The Zacks Food – Meat Products industry is facing challenges such as high input costs and operational expenses, along with export-related hurdles like trade uncertainties and port disruptions [1][5] - The industry includes companies that manufacture, process, market, and sell various meat products, including chicken, pork, beef, and plant-based meats, catering to retail and foodservice customers [3] Current Trends - Rising cost pressures from feed, raw materials, labor, and transportation are straining profit margins, with inflation affecting consumer shopping habits, leading to tighter budgets [4] - Export challenges are exacerbated by trade uncertainties, biosecurity concerns, and strong domestic demand, which limits supply for international markets [5] - The demand for high-protein diets is increasing, benefiting meat companies, while plant-based alternatives are gaining traction as consumers seek healthier options [6] Industry Performance - The Zacks Food – Meat Products industry ranks 201, placing it in the bottom 18% of over 250 Zacks industries, indicating dull near-term prospects [7][8] - The industry has underperformed the broader Zacks Consumer Staples sector and the S&P 500, declining 10.6% over the past year compared to the sector's growth of 2.8% and the S&P 500's rise of 11.1% [10] Valuation Metrics - The industry is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 12.44X, significantly lower than the S&P 500's 22.52X and the sector's 17.42X [12] Company Highlights - Tyson Foods, a leading player in the protein industry, benefits from a diversified multi-protein strategy and strong brand recognition, positioning it for long-term growth despite industry volatility [14] - Beyond Meat focuses on plant-based meat alternatives, capitalizing on the growing consumer demand for healthier food options, and is well-positioned for success in the alternative protein market [19]