By Tom Polansek of Reuters. Excerpts:
An immigration crackdown in Kansas disrupted beef processing, impacting immigrant workforce and cattle supply. Community leaders reported ICE targeting Latino areas, causing fear and workforce shortages. Beef prices rise as processing slows; industry groups warn of further consumer price hikes. "As affordability concerns weigh on the Republican Party's chances of maintaining control of the House and Senate in the upcoming midterms, President Donald Trump has enacted policies aimed at controlling the cost of beef.
Immigration enforcement could be the latest to work at cross purposes, causing record-high beef prices to tick up even higher, according to industry and union officials. Cattle futures gyrated this week as traders weighed tight supplies against processing disruptions due to the crackdown."
"Beef prices soared to records this year after a multi-year drought drove ranchers to reduce their herds to a 75-year low and Washington suspended cattle imports from Mexico. Trump has struggled to lower prices with a bevy of policies and other pronouncements, including increasing low-tariff beef imports and launching an investigation into meatpackers.
Meatpackers slaughtered an estimated 90,000 cattle on Thursday, down 16% from a week earlier, the Department of Agriculture said."
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