agriculture reporter @business, mostly covering animal proteins 🥩🍳🥓🍗 | alum @columbiajourn @smpagwu | [email protected]
New York, NY
Joined November 2016
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I followed a hypothetical animal through the supply chain to explain why you're standing in front of a ~$7 pound of ground #beef at the grocery store.
(Unsurprisingly, the answer is complex. But spoiler: it's not the meatpacker.)
🥩🎁🔗: bloomberg.com/graphics/2026-… via @business
Ilena retweeted
#Beef #prices in September slipped by the most since 2024, though prices remain near all-time highs. A pound of ground beef averaged $7.062 in September, down 1.3% from the prior month’s record.
Story from @ilenapeng
bloomberg.com/news/articles/…
Ilena retweeted
Intercontinental Exchange, owner of the New York Stock Exchange, is planning to offer contracts for betting on future cattle and hog prices, competing with longtime incumbent CME Group bloomberg.com/news/articles/…
Ilena retweeted
The Federal Trade Commission and the US Department of Agriculture launched an inquiry into the #agricultural #equipment #market, including potential anticompetitive conduct.
Story from @ilenapeng
bloomberg.com/news/articles/…
Ilena retweeted
A global diesel crunch is hitting farmers as harvesting and planting ramps up, raising risks for global food supplies and inflation. bloomberg.com/news/features/…
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A prolonged whey shortage is turning into an opportunity for startups that make protein out of everything from beans to bog microbes bloomberg.com/news/articles/…
Ilena retweeted
A prolonged whey shortage is turning into an opportunity for startups that make protein out of everything from beans to bog microbes bloomberg.com/news/articles/…
Ilena retweeted
President Donald Trump said the US is working with Belarus to secure more supplies of potash amid a trade fight with Canada, a major supplier of the critical ingredient used in fertilizers bloomberg.com/news/articles/…
Ilena retweeted
The New World screwworm resurfaced in New Mexico just as a major gateway for Mexican cattle imports is poised to open in the state bloomberg.com/news/articles/…
The Santa Teresa, NM port was the entry point for about 40% of the US's #cattle imports from Mexico in 2024, totaling about 500k head.
ALT Bar chart of 2024 Mexico cattle imports by US port
The US is reopening its biggest port for Mexican live cattle shipments, marking a significant step in the Trump administration’s efforts to ease the pressures of a domestic cattle shortage. bloomberg.com/news/articles/…
Ilena retweeted
The US is reopening its biggest port for Mexican live cattle shipments, marking a significant step in the Trump administration’s efforts to ease the pressures of a domestic cattle shortage. bloomberg.com/news/articles/…
Ilena retweeted
The US Justice Department expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from eight major food retailers, including Amazon, Costco and Walmart bloomberg.com/news/articles/…
Ilena retweeted
The approach underscores the difficult balancing act for Trump between the oil and agriculture industries, two important constituencies with competing demands on biofuel policy. bloomberg.com/news/articles/…
Flatter #beef sales volumes in the key grilling season, which includes July 4th, along with other data points, show that shoppers have finally decided they’re not going to keep buying much more at these near-record prices.
🥩🎁🔗: bloomberg.com/news/articles/… via @business
Ilena retweeted
Aaron Kaufman used to meet his lofty daily protein goals — a gram for each pound he weighs — with ground beef. bloomberg.com/news/articles/…
Ilena retweeted
Tyson Foods cut its annual profit outlook, signaling that any relief for the US beef industry from a historic cattle shortage is still a long way off bloomberg.com/news/articles/…
Ilena retweeted
In a time of belt-tightening and America’s protein obsession, pork should be on a winning streak. But pork consumption per capita in the US is forecast at the lowest level in more than a decade, according to government data. bloomberg.com/news/articles/…
"And as I sat there writing about beef and beef and more beef, I had to wonder, 'What's up with pork?'" The answer, it turns out, is not much, as the industry is still struggling to fix a longtime messaging problem.
🥓🎁🔗: bloomberg.com/news/articles/… via @business
Scoop only on @TheTerminal: A cargo of Venezuelan urea has been delivered to the US, marking the first such #fertilizer shipment since the Trump admin 4 months ago allowed for the sale of fertilizers to US companies, via Kpler and ship-tracking data compiled by Bloomberg.
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As the deadly New World screwworm spreads through Texas, posing significant risk to the US cattle herd, experts are still puzzling over the mystery of how it got there bloomberg.com/news/articles/…
Ilena retweeted
For the first time in about fifty years, the New World screwworm is back in US livestock. Bloomberg's @ilenapeng explains how the parasitic fly will affect beef prices and how the USDA is responding bloom.bg/4p3t4Hd