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National Beef is the U.S.'s fourth largest beef processor, with sales exceeding $7 billion annually. [15] National Beef products are available to national and regional retailers, including supermarket chains, independent grocers, club stores, wholesalers and distributors, foodservice providers and distributors, further processors and the U.S. military. [16]
In 2011, the company acquired a 79% interest in National Beef Packing Company for $867.9 million. [26] [27] In 2012, the company proposed building a $3 billion syngas facility in south Chicago to convert coal and petroleum waste into natural gas; however, the plant never received legislative approval. [28]
JBS also announced in 2008 its intention to buy National Beef Packing Company for $560 million, but canceled the plan after the U.S. Department of Justice raised antitrust concerns. [ 10 ] In 2009, JBS USA acquired 63% of Pilgrim's Pride [ 11 ] Chicken Company and shortened the name to simply Pilgrim's.
Commodity [2] [3] Contract size Currency Main exchange Symbol Class III Milk: 200,000 lb: USD ($): Chicago Mercantile Exchange: DC Cash-settled Butter: 20,000 lb (~9 metric tons)
NEW YORK (AP) — McDonald’s has some beef with today’s largest meat packers. The fast food giant is suing the U.S. meat industry's “Big Four” — Tyson, JBS, Cargill and National Beef ...
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National Beef also owns and operates a slaughterhouse and beef packing plant in Liberal with a capacity of processing 6,000 cattle per day [9] and employing about 3,500 people. That number of employees comprises about one-third of the total employed work force in Seward County where Liberal is located. [10]
National Cattlemen's Beef Association supported the Farmers Undertake Environmental Land Stewardship Act, a bill that would require the Environmental Protection Agency to modify the Spill Prevention, Control, and Countermeasure rule, which regulates oil discharges into navigable waters and adjoining shorelines. [12]