Navigating difficult times is not new to the swine industry. To survive, it takes strong leadership, strategic decisions and wisdom to foresee and forestall crisis, says Kent Bang of Compeer Financial.
If you have found yourself wondering when we will finally return to normal, I have some bad news. Normal moved away and did not leave a forwarding address. It's time to focus your attention on optimal capital structure.
Sens. Jim Inhofe (R-OK) and Thom Tillis (R-NC) introduced the Agricultural Security Risk Review Act, legislation that would add the USDA Secretary as a member of the Committee on Foreign Investment in the United States.
Pork producers are in a serious crisis and need a lifeline, Sens. Tina Smith (D-MN), Amy Klobuchar (D-MN) and Richard Durbin (D-IL) urged Congress in a letter requesting financial aid in the next COVID-19 relief package.
The pandemic’s impact on the global pork supply chain won’t be over anytime soon. Rabobank analysts revised down pork production for 2020 in major producing countries in its most recent Pork Quarterly report.
COVID-19 has exposed a lot of issues in our food supply chain, said House Agriculture Committee Chairman Collin Peterson (D-MN). One of the things that he's focusing on is preparedness in the future event of a crisis.
U.S. hog futures rose on Monday on signs of improving demand for pork products and optimism about export demand from China as the Asian country struggles with renewed outbreaks of a hog disease, traders said.
Before April, few could imagine a supply chain shock where U.S. pork production could fall by nearly half yet climb back above prior-year levels two months later, says Will Sawyer of CoBank Knowledge Exchange.