GREELEY, COLORADO (RFD NEWS) — We have new information on the strike at the JBS packing plant in Greeley, Colorado. Workers have been on the picket lines for three weeks now, but that will soon change.
Union officials representing nearly 4,000 workers say talks with the company are set to resume Thursday and that workers will return to their normal shifts on Tuesday morning. The union is calling for better wages and an end to unfair labor practices.
JBS representatives told Reuters that the original deal has not changed and that they welcome employees back to the facility.
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One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
