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Worldwide food inflation expected to beef up meat prices

Worldwide food inflation expected to beef up meat prices
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The world will pay more for meat as food inflation deepens

. There are signs that the food inflation that s gripped the world over the past year, raising prices of everything from shredded cheese to peanut butter, is about to get worse. The COVID-19 pandemic upended food supply chains, paralyzing shipping, sickening workers that keep the world fed and ultimately raising consumer grocery costs around the globe last year. Now farmers especially ones raising cattle, hogs and poultry are getting squeezed by the highest corn and soybean prices in seven years. It has lifted the costs of feeding their herds by 30% or more. To stay profitable, producers including Tyson Foods are increasing prices, which will ripple through supply chains and show up in the coming months as higher price tags for beef, pork and chicken around the world.

The world will pay more for meat

The world will pay more for meat
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

Colorado and U S agriculture news in brief for Feb 5, 2021

Colorado and U.S. agriculture news in brief for Feb. 5, 2021 Candace Krebs Colorado Farmers Markets to host annual conference The Colorado Farmers Market Association will hold its annual conference online March 5-6. Topics covered will include challenges and successes from 2020, game planning for 2021, farmers markets as business incubators and more. An equity and inclusion training will also be offered. Online produce safety training offered Colorado State University Extension, Rocky Mountain Farmers Union, Colorado Fruit and Vegetable Growers Association and Colorado Department of Agriculture will host an online-only Produce Safety Alliance Grower Training Course in two parts, from 8 a.m. to 12:30 p.m. on Feb. 25-26. This course provides a foundation on the FSMA Produce Safety Rule requirements, Good Agricultural Practices and co-management information, and details on how to develop a farm food safety plan. Registration is $35.

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