Search - Pork Business

China will issue new rules on the management of price indexes for commodities and services, it said on Thursday as the government steps up scrutiny of the country’s commodity markets and battles to contain inflation.

After six-year-old Louie Leseberg fell 70 feet into a dark well, his father jumped in to save him. What happened next, and the dramatic rescue that ensued, left even those who witnessed the rescue unable to explain.

As analysts keep a close eye on rumored soybeans buys from China late last week, China has issued new rules when it comes to monitoring commodity prices as the country battles to contain inflation.

The Department of Justice filed court documents Friday in defense of USDA’s plan to forgive debt for socially disadvantaged farmers. The filing is in response to a Judge’s recent ruling to halt the payments.

Pork shipments from a North Carolina pork processing plant are now blocked from entering Mexico. The plant located in Tar Heel, N.C., is a Smithfield foods plant and is the largest in the world.

An Olympic runner banned from competing in the upcoming Tokyo Olympics is blaming pork. Shelby Houlihan was banned from the sport for four years after a positive test for nandrolone, which is an anabolic steroid.

The U.S. inflation rate is 5.0% for the year ended May 2021. Congress is debating a spending bill and stimulus package. With more money pumped into the economy, Kent Bang says we should prepare for further inflation.

To preserve industry competition, NPPC is calling for a longer stay of the court order or waivers allowing pork plants impacted by a federal district court ruling to continue operating as is until a solution is reached.

Ag Property Solutions live from the 2021 World Pork Expo

A sharp decline in China’s hog and pork prices is a significant concern for the world’s pork exporting countries, including the United States.