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Tuesday, July 23, 2013
Wholesale Meat Prices Generally Lower Since June
US - Seasonal changes in meat demand are well established among analysts but this year certain cuts are preserving margins for some wholesalers, writes John D Anderson of the American Farm Bureau Federation. ...
Monday, July 22, 2013
Agri-Pulse Update: US Farm Bill Sees Progress
ANALYSIS - Agri-Pulse Editor and Publisher Sara Wyant discusses the key events in Washington for the week ending Friday, July 19th. ...
CME: Livestock, Poultry Weights Show Upward Trend
US - Harvest (the more politically-correct term being used these days in place of slaughter) weights are, obviously, a major determinant of meat and poultry supplies, write Steve Meyer and Len Steiner....
Auction Company Takes over Townsend Poultry
US - A group led by a California auction company cast the winning bid worth US$5.36 million in a bankruptcy auction for the North Carolina assets of chicken processor, Townsend....
Friday, July 19, 2013
NFU President Discusses International Food Aid Reform
US - National Farmers Union (NFU) President Roger Johnson participated in a panel discussion about proposed reforms to the US international food aid system. The panel, entitled "Proposed Reforms to US Food Aid: Framing the Debate," was hosted by FoodPolicy.us....
Thursday, July 18, 2013
CME: Near-record for Beef, Pork Prices; New Record for Composite Chicken Prices
US - USDA estimates of retail meat and poultry prices for June, which were released on Monday, indicate a new record for the composite chicken series and near-record for three other key items, write Steve Meyer and Len Steiner....
More Chicken on the Way in US
US - Following several months of historically high prices for chicken, most notably whole birds and chicken breasts, there are indications that the US broiler industry is starting to ramp up production....
NFU: Farmers Need Fair, Functional Markets
US - The US Senate Committee on Agriculture, Nutrition and Forestry’s yesterday (17 July) held a hearing on the Commodity Exchange Act and the Commodity Futures Trading Commission (CFTC)....
Wednesday, July 17, 2013
CME: Broiler Industry Transitions to Actual Output Growth
US - It appears that the broiler industry has now clearly made the shift from "potential" expansion to actual output growth. We have discussed the potential for sharply higher chicken production in these pages on several occasions. It became apparent,...
Tuesday, July 16, 2013
Chicken Exports During May up in Quantity and Value
US - Chicken exports in May 2013 increased 3.3 per cent in quantity and gained 1.3 per cent in value over a year earlier. Exports totaled 318,196 metric tons valued at $412.12 million this May compared with 307,969 tons valued at $406.82 million in May...
Corn, Soybean Production Prospects Continue to Evolve
US - The corn and soybean markets continue to reflect uncertainty about the potential size of the 2013 US corn and soybean crops, writes Darrel Good....
Monday, July 15, 2013
Pilgrim’s Pride to Cut 200 Jobs
US – US poultry processor Pilgrim’s Pride is to cut 200 jobs at its Chattanooga processing plant. ...
Unprecedented Vote Erodes Historic Bipartisan Farm Bill Support
US - The US House of Representatives passed H.R. 2642, the Federal Agriculture Reform and Risk Management Act of 2013 on Thursday, 11 July....
Friday, July 12, 2013
Special Report: USDA Data a Bit Bearish for Corn, Soybeans, But Focus Already Back to Weather
ANALYSIS - The US Department of Agriculture on Thursday raised slightly its projected ending stocks figures for corn and soybeans, while slightly lowering wheat stocks, as of the end of their marketing years in 2014, writes Jim Wyckoff, grains analyst....
NFU Opposes Splitting Nutrition Programs from Farm Bill
US - National Farmers Union (NFU) President Roger Johnson sent a letter to the members of the US House of Representatives urging a vote against the rule and final passage of H.R. 2642, a bill that divorces the nutrition title from the rest of the farm...
COOL Lawsuit Another Delaying Tactic, Says NFU
US - A lawsuit was filed by eight US and Canadian packer and packer-producer organizations to prevent implementation of the strengthened Country-of-Origin Labeling (COOL) rule....
Thursday, July 11, 2013
CME: Meat, Poultry Demand Strong Through May
US - When it comes to the issue of meat and poultry demand these days, we are reminded of the old adage to not look a gift horse in the mouth. The gift horse, in this case, is demand itself which, by our measures appears strong through May, write Steve...
Wednesday, July 10, 2013
NFU Board Stands Strong: Do Not Split Farm Bill
US - The National Farmers Union (NFU) Board of Directors, acting in its capacity as the organization’s Legislative Committee, voted unanimously to maintain its long-time position on keeping farm programs and nutrition assistance as a single, comprehensive...
Wednesday, July 03, 2013
NFU Board Passes Resolution Deriding Farm Bill Inactivity
US - The National Farmers Union (NFU) Board of Directors passed a resolution last night highlighting the organization’s disappointment in the US House of Representatives’ failure to pass a comprehensive, five-year farm bill last month, and urging...
Pilgrim’s Pride in $2.5m Settlement after Employee Death
US - The Dallas personal injury attorneys of Grossman Law Offices have settled a dispute with Pilgrim's Pride Corporation for a total of $2,500,000 following the death of James Bynum at Pilgrim's Mount Pleasant, Texas plant. ...
Poultry Growth Resumes in Delaware
US - Customer demand is driving growth at Mountaire Farms, leading the biggest chicken producer in Delaware to expand its Millsboro hatchery by more than a third in square footage....
NFU and Coalition Urge Congress to Pass New Farm Bill
US - National Farmers Union (NFU) and a broad coalition of 532 agriculture, conservation, rural development, finance, forestry, energy and crop insurance companies and organizations sent a letter to the Speaker of the House, John Boehner, urging for the...
Tuesday, July 02, 2013
Splitting Farm, Nutrition Programs is 'Recipe to Kill the Bill'
US - Following the recent failure of the 2013 Farm Bill in the US House of Representatives, there have been suggestions by several Congressmen who voted down the bill about splitting farm programs from nutrition programs, creating two separate bills....
Monday, July 01, 2013
Special Report: Bearish USDA Corn Acreage Estimate Weakens Grain Futures
ANALYSIS - US "new-crop" December corn futures fell to a 12-month low of $5.11 a bushel Friday after the US Department of Agriculture unexpectedly raised its estimate of US corn plantings this spring, writes Jim Wyckoff, grain analyst. ...
Livestock, Poultry Groups Urge Congress to Repeal RFS
US - Following an announcement by Sens. John Barrasso (R-Wyo.), Mark Pryor (D-Ark.) and Pat Toomey (R-Pa.) that they have introduced the bipartisan Renewable Fuels Standard Repeal Act, (S. 1195) the National Cattlemen’s Beef Association (NCBA), National...
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