Smithfield denies any wrongdoing, states it has no interest in prolonged litigation and reiterates proactive safeguards to the hiring process for the future.

“The agricultural economy is inherently cyclical, and ag lenders are navigating the changing conditions across the sectors they serve,” said Jackson Takach, chief economist of Farmer Mac.

A letter from AFBF President Zippy Duvall to state Farm Bureau presidents said the action comes after a failed mediation session on Monday. The move is in retaliation for a decision by the Illinois Farm Bureau’s affiliate, Country Financial, to drop a Farm Bureau membership eligibility requirement for non-farm insurance policy holders in Illinois.

After posting a record net revenue in the third quarter and a 571% increase in net income, year-over-year, JBS raised its earnings estimates for 2024.

During a time when many people were cutting back and trying to minimize expenses, Joel Huber decided it was time to invest in facility improvements to help their operation be more competitive.

An out-of-feed event on a farm can cause major problems in just a short amount of time.