New Jersey Sen. Cory Booker re-introduced his Farm System Reform Act, a bill he says would “transform a broken system.” NCBA calls the proposal “misguided.”
Vermeer Corp. celebrates the 50th Anniversary of the first large round baler by introducing new and innovative products and technologies that reduce on farm labor needs while increasing forage production efficiency.
Pork export value exceeded $800 million for the first time in May, while beef exports recorded the third consecutive month of value record highs, driven in part by record-large exports to South Korea.
As part of its Hometown Strong program, JBS USA says it will invest additional funds to work with local leaders to build new homes and establish revolving funds to stimulate housing construction.
JBS USA said it paid an $11 million ransom to cyber attackers that shut down operations in the U.S. and Australia last week. All plants were fully operational by June 3.
Pork producer profit margins improved last week after lean carcass prices rose $1.38 per cwt., according to the Sterling Pork Profit Tracker. Hog slaughter was lower due to the holiday and the JBS cyberattack.
Profit margins for pork producers declined nearly $14 per head last week, yet those margins remain near historical highs. Pork packer margins remain in the red.
A Missouri man accused of the murders of two Wisconsin brothers in 2019 now faces additional federal fraud charges relating to his business dealings with the brothers.
March beef and pork exports each posted the highest monthly value on record. Pork exports and shipments of beef muscle cuts also set new volume records in March.
