Pilgrim’s Pride releases 2022 Sustainability Report

On September 22, 2023, in Uncategorized, by David Elrod

Pilgrim’s Pride this week released its 2022 Sustainability Report, which details advancements in critical areas of sustainability in the United States, the United Kingdom, Continental Europe, and Mexico. Pilgrim’s produces high-quality poultry, pork, retail-ready, and prepared-foods products, and focuses on meeting needs in the local communities where its team members live and work.

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Senate Chicken Caucus co-chair Chris Coons (D-DE) appeared this week on an episode of the Bloomberg Odd Lots podcast focused on the U.S. chicken industry and the 2022-2023 highly pathogenic avian influenza (HPAI) outbreak. Senator Coons also focused on the significance of the Senate Chicken Caucus and his role as co-chair heading into the crafting of the 2023 Farm Bill.

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The Senate this week had planned to pass three FY2024 appropriations bills, but hit procedural delays and has pushed consideration of the combined spending package to next week.

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USDA’s September World Agricultural Supply and Demand Estimates (WASDE) report showed larger corn supplies and ending stocks, lower soybean ending stocks, and lowered broiler production on a decrease in expected chicks placed and lighter bird weights.

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August inflation shows mixed results

On September 15, 2023, in Consumer Price Index, Inflation, by David Elrod

The Consumer Price Index (CPI) released earlier this month showed a rise of 0.6 percent in August with a 3.7 percent increase of all items in the past year.

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JBS releases 2022 Sustainability Report

On September 8, 2023, in Industry Notes, Sustainability, by David Elrod

JBS this week announced the publication of its 2022 Sustainability Report.

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The Environmental Protection Agency (EPA) this week released an updated Waters of the U.S. (WOTUS) rule to confirm with a recent Supreme Court ruling.

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Speaking at a 2023 Farm Bill listening session at the Missouri State Fair, House Agriculture Committee chairman Glenn ‘GT’ Thompson (R, PA-15) said it’s likely Congress will have to pass an extension to buy time to finalize the 2023 Farm Bill.

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