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Poultry Industry News By Category: Markets and Economics
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Friday, September 13, 2013
Extension is Not the Answer to Stalled Farm Bill
US - National Farmers Union (NFU) President Roger Johnson stated that an extension is not the answer to a stalled farm bill....
Analyst: USDA Supply, Demand Report Bearish for Corn, Mildly Bullish for Soy
ANALYSIS - USDA's monthly supply and demand pushed Chicago corn futures to slump to a four-week low in the wake of a bearish slight rise in the US corn production figures for September, writes Jim Wyckoff for ThePoultrySite. ...
Thursday, September 12, 2013
US Court Throws out Country of Origin Labelling Injunction
US - The US District Court for the District of Columbia has refused to grant a preliminary injunction to block the implementation of the amended US mandatory Country of Origin Labeling (COOL) regulation. ...
Wednesday, September 11, 2013
Looking Ahead to the September Corn Stocks Estimate
US - The size of the US corn crop will be the most important price factor in that market for the next few months. The market is expecting a crop large enough to meet consumption needs without price rationing, but is not expecting as large an increase...
Wednesday, September 04, 2013
Another Year of Rationing for Corn or Soybeans?
US - The US average corn yield was below trend value for three consecutive years from 2010 through 2012. The US average soybean yield was below trend value in both 2011 and 2012....
Monday, September 02, 2013
FSIS Approves Chinese Plants to Export Poultry Meat to US
US - The US Department of Agriculture's Food Safety and Inspection Service (FSIS) says that China's poultry processing systems are equivalent to those of the US, allowing exports of poultry meat from approved plants in China to the US in future. The raw...
Friday, August 30, 2013
Coalition Issues Principles for TPP Agreement
US - An ad hoc coalition of agricultural and food organizations including the National Chicken Council has communicated to US trade negotiators its "core" principles for a final, successful Trans-Pacific Partnership (TPP) trade agreement....
US Set to Hit Record $140 Billion in Agricultural Exports
US - US agricultural exports are set to reach $140 billion during the current fiscal year. ...
Thursday, August 29, 2013
CME: McDonald's to Add Chicken Wings to National Menu
US - The nnouncement by McDonald’s that it would add chicken wings to its national menu on a limited time basis beginning 9 September should be a shot in the arm (pun fully intended!) for the wing market and serve to fuel the fire of expansion in...
Wednesday, August 28, 2013
CME: New Concerns in Crop Markets to Hit Livestock Sector
US - Dry and hot, these are the words of Len Steiner and Steve Meyer regarding recent conditions over the mid-west. ...
Tuesday, August 27, 2013
Farm Progress Show: Economist Explains China's Strategy to Feed Population
ANALYSIS - Farmers came out today in the 90 degrees F temperatures to see what information and innovations were on display at the Farm Progress Show, held in Decatur, Illinois, US, reports Sarah Mikesell, ThePoultrySite senior editor, live from the show....
Friday, August 23, 2013
Hormel Foods Earnings up
US - US-based global meat processing company Hormel Foods has reported third quarter net earnings in 2013 was up by two per cent to $113.6 million compared to $111.2 million a year ago. ...
Wednesday, August 21, 2013
AFBF Working to 'Bring the Heat'
US - The August congressional recess is a time for Farm Bureau to work hard to "Bring the Heat". As a result, Congress members know they need to get things done when they return to Washington, according to American Farm Bureau Federation President Bob...
Tuesday, August 20, 2013
CME: Cheap Feed Will Aid in Growth of Pork, Chicken Industries
US - Steve Meyer and Len Steiner write, "Grain markets reacted to USDA’s first report on unplanted acres and warnings about the potential for early frost. CME Group new-crop corn futures gained 15 to 17 cents per bushel. November new crop soybean...
Tuesday, August 13, 2013
Vikon Farms to Locate New Facility in Arkadelphia
US - Vikon Farms, a poultry processing company, has announced plans to locate a new processing facility in Arkadelphia, which will employ more than 172 people within four years....
Cargill’s Animal Nutrition Business Sells California Facility
US - Cargill’s animal nutrition business announced that it has completed the sale of its Hanford, Calif., feed manufacturing facility to Pitman Family Farms, a family owned poultry farmer....
CME: Implications of WASDE Report on Pork, Chicken Sectors
US - USDA’s monthly World Supply and Demand Estimates forecasts corn and soybean yields — and total crops — somewhat smaller than the averages of analysts’ pre-report estimates, write Steve Meyer and Len Steiner....
ISU Economists Send out Cautious Message to Farmers
US - Economists at Iowa State University (ISU) are issuing cautious messages to farmers, telling them to be prepared for a potential downturn in the values of commodities and land....
Monday, August 12, 2013
August USDA Report Bullish for Corn, Soybeans
ANALYSIS - The grain futures market rallied Monday in reaction to USDA's August supply and demand report. The government data showed a lower-than-expected US corn crop forecast, writes Jim Wyckoff for ThePoultrySite. ...
Friday, August 09, 2013
NCC Commends EPA’s Final 2013 RFS Volume Requirement
US - The US Environmental Protection Agency's (EPA) issued an announcement regarding its final 2013 Renewable Fuel Standard (RFS) volume requirement....
NFU Stresses on Importance of Signing Comprehensive Farm Bill
US - In a letter sent to leadership of the US Senate and House of Representatives Committees on Agriculture yesterday (8 August), NFU President Roger Johnson stressed on the importance of signing a five-year, comprehensive farm bill into law before the...
Thursday, August 08, 2013
Seaboard Corp Sees Drop in Net Earnings
US – Seaboard Corp reports a drop in net earnings during January to July 2013 in spite of a rise in sales. ...
Significant Improvement in Cargill Earnings
US – Global meat and agrifood businessCargill has reported net earnings of $483 million in the fourth quarter of the 2013 financial year ended 31 May. ...
Tuesday, August 06, 2013
Tyson Reports Record Sales
US - Tyson Foods saw record sales of $8.7 billion in the third quarter of the year and has reported an overall operating margin of 4.8 per cent. ...
US Poultry Industry Commends Panel Decision on China's Anti-dumping Case
US - The US poultry industry has welcomed the announcement by the World Trade Organization (WTO) that a dispute settlement panel has ruled that the anti-dumping and countervailing duties imposed by the People’s Republic of China on imports of US chicken...
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