China’s sow herd declined for the first time in nearly two years, contracting 0.5% in July from the previous month, state media said, after a plunge in hog prices pushed many farmers to get rid of unproductive sows.
A once-a-century drought has lowered the water level of Argentina’s main grains transport river, reducing farm exports and boosting logistics costs in a trend that meteorologists said will likely continue into 2022.
Mexico is allowing a Smithfield Foods’ hog plant in North Carolina, the world’s biggest, to resume shipments of pork products after blocking them two months ago over quality concerns, according to the USDA.
Tyson Foods cannot increase prices for chicken and prepared foods fast enough to keep pace with rising costs for raw materials like grain, CEO Donnie King said Monday, reporting higher-than-expected quarterly earnings.
China aims to maintain its breeding sow herd at about 43 million head during the period to 2025, the government said, as it looks to put production on a firm footing since numbers were decimated by African swine fever.
A U.S. federal grand jury has indicted four current and former executives at Pilgrim’s Pride Corp, one of the largest U.S. poultry producers, for their roles in price fixing for chicken products, DOJ said Thursday.
Chinese billionaire Sun Dawu was sentenced to 18 years in jail for crimes including “picking quarrels and provoking trouble,” a court said, the latest stiff punishment of an outspoken corporate boss.
Chinese farmer Cheng wades through knee-deep water, pulling dead pigs behind him one-by-one by a rope tied around their ankles as he lines up the bloated carcasses for disposal.
