Latest News Updates From Ilena Peng

JBS is stepping back from a 2040 net-zero emissions goal, dropping targets for the indirect emissions that make up the bulk of its environmental footprint.

As the deadly New World screwworm spreads through Texas, posing significant risk to the U.S. cattle herd, experts are still wondering how it got there.

Four cases of the New World screwworm have been confirmed on the same Texas property, marking the largest cluster of detections to be reported in the U.S.

While the screwworm doesn’t affect food safety, it poses a risk to the U.S. cattle industry, as drought and high production costs have culled the nation’s herd to a 75-year low.

The world’s largest meat supplier also said it is closing a value-added facility in Memphis, Tenn., which packages various proteins.

Consumers on average paid $7.064 for a pound of ground beef in May, slightly higher than the previous month but up 13% from a year earlier. 

The Department of Agriculture confirmed an additional three cases of New World screwworm, bringing the total number of detections in the U.S. to five.

The agency is implementing quarantines, movement controls and surveillance in a 12-mile zone around the detection, and has also expedited the release of sterile flies to prevent the pest’s spread.

Jeff Schomburger, who has spent a decade on Tyson’s board, will become president and CEO on Oct. 4, succeeding Donnie King.

One of the biggest impacts on the industry from the war is higher transportation costs. The cost of retail diesel touched record seasonal levels in mid-April.