antibiotic

McDonald’s Announces Global Antibiotic Phase Out

Dan Industry News Release, Poultry

McDonald’s Corporation announced it’ll be expanding its effort to cut back on the use of antibiotics critical to human health across the global chicken supply. The fast food giant will require its poultry suppliers to phase out drugs categorized under the highest priority category in the World Health Organization’s four categories by January of next year. Those antibiotics will disappear …

food consumption

Grilling Season Poised to Increase Meat Demand

Dan Beef, Industry News Release, Pork, Poultry

The seasonal grilling period is poised to increase demand for meat, according to statistics compiled by Oklahoma State University. The Food Demand Survey found consumers’ willingness-to-pay for steak increased nine percent this month. Meanwhile, consumers say their willingness-to-pay for chicken breast increased 1.2 percent, and 2.45 percent for pork chops, compared to levels indicated in April. Consumers noted a decrease …

meat production

Brazil meat Companies Lost $1.5 Billion after Investigation

Dan Beef, Industry News Release

Meat companies in Brazil lost the U.S. equivalent of $1.52 billion after the nation’s federal police announced an investigation into a tainted meat scandal. Meat industry publication Meatingplace reports an economic measure of the losses discovered the declines that followed an investigation which stopped virtually all exports from Brazil for a brief time. The bulk of the losses were attributed …

investments

Brazil Investigation Leads to Processor Closures

Dan Beef, Industry News Release, Livestock

Brazil’s tainted meat corruption probe uncovered tainted meat samples and will result in the closure of some processors. As part of the investigation, the nation found eight samples of meat out of 302 tested positive for bacteria contamination. Unrelated problems uncovered at three processors led the government to order the cancellation of their Federal Inspection Service registrations, closing them permanently. …