Both cattle feeding and hog finishing operations found modest profits for the fifth consecutive week calculated on a cash basis, according to the Sterling Profit Tracker.
Californians will vote on Proposition 15, which is billed as tax reform, except neither side can agree on exactly what gets reformed. Farmers and ranchers are rightly wary of the repercussions.
Cattle and hog finishing margins are both positive for the fourth consecutive week despite the fact cash prices for cattle and hogs were slightly lower last week.
Proposition 12, the 2018 ballot initiative that bans the sale of meat and eggs derived from producers that don’t meet California standards, was upheld by a panel of judges in the Ninth Circuit Court of Appeals.
Sterling Marketing president John Nalivka says the market outlook for farrow-to-finish hog operations has improved greatly since last spring and will improve going into 2021.
Average cattle and hog finishing margins are both positive for the third consecutive week, according to calculations in the Sterling Marketing Profit Tracker.
Pilgrim's Pride, which produces 20% of U.S. chicken, has entered into a plea agreement with the Department of Justice in its investigation into price-fixing and bid-rigging of chicken products.
Purdue University economist Jayson Lusk to AgriTalk host Tyne Morgan a change in the administration is likely to have a minimal immediate effect on dietary guidelines, but the lever of power would be in place for change.
The Department of Justice announced six new chicken-industry defendants in its ongoing investigation into price-fixing and bid rigging for broiler chicken products.
The Iowa Occupational Safety and Health Administration issued a citation to Iowa Premium Beef for a minor record-keeping violation related to COVID-19.
The U.S. Food and Drug Administration has proposed a new regulation that would establish a list of foods that would require additional recordkeeping and traceability.
