Industry
Animal Agriculture Alliance releases report detailing livestock achievements.
Chip Flory and Brian Grete discuss livestock fundamentals.
Index raises concern about meat demand, as consumer confidence has also deteriorated.
Beef exports hit their highest level of the year.
Highlights of USDA’s Weekly Export Sales Report.
Softer index isn’t good news for red meat demand.
Smithfield expects transition to close later this year.
Japan beef imports rose sharply, while the lack of sales to Russia is hampering overall red meat exports.
Smithfield’s Pope is slated to testify today and answer questions about intellectual property and the effects of greater foreign ownership of U.S. agribusiness.
Christie voiced his support in the State Board to monitor modern animal practices.
Highlights of USDA’s Weekly Export Sales Report.
A recovery in corn and soybean production has Chris Hurt more optimistic about pork producers’ profitability in the coming year.
Rise in index is a positive sign for red meat demand.
Smithfield Foods Inc., the U.S. hog producer that agreed to a $4.7 billion acquisition by Shuanghui International Holdings Ltd. in May, was urged by a key investor to split itself up instead.
Highlights of USDA’s Weekly Export Sales Report.
Smithfield purchased by Shuanghui International Holdings Limited.
Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. for about $4.72 billion.
Hog production has returned to profitability but delayed planting is raising concerns.
But beef exports in terms of values was still up from year-ago.
Highlights of USDA’s Weekly Export Sales Report.
Improved same-store sales lead to improvement in index.
Drought monitor notes that 33.20% of contiguous U.S. is drought-free -- minor improvement from last week.
Frozen beef stocks at the end of February top expectations.
Report to reflect expansion from year-ago.
Also, breeding inventory was up slightly from last year and up slightly from the previous quarter.
Highlights of USDA’s Weekly Export Sales Report.