Livestock Articles
CME Group to Launch a Pork Cutout Index Contract
Published September 25, 2020
The CME Group has been publishing a pork cutout index for the past five years and are now preparing to launch a futures contract. "The proposed contract, as far as we know, will be listed this fall some time," said…Export Demand Offsets Large Pork Supply
Published September 25, 2020
The inventory of hogs and pigs was just over 79 million, up one percent from one year ago and down one percent from June. The breeding herd inventory was down 1.5 percent and the market hog inventory rose one percent…Grant Money Available to Help with Wolves in MN
Published September 23, 2020
The Minnesota Department of Agriculture is making $60,000 available in grant money to help livestock producers prevent wolf attacks. The grants will provide reimbursement for costs of approved practices to prevent wolf-livestock conflicts. Applications for this fourth round of funding…Penn Leaves Pilgrim’s Pride, Sadri Promoted to CEO
Published September 23, 2020
Pilgrim’s Pride Corporation says president and CEO Jayson Penn has left the company. In June, Penn was put on leave after the U.S. Justice Department indicted him on conspiracy to rig chicken prices, Pilgrim’s Pride says Chief Financial Officer and…MN Beef Update
Published September 23, 2020
Minnesota Beef Council Director of Industry Relations Royalee Rhoads has a recap of a beef summer grilling campaign in the latest Beef Update. This program is made possible by the Council and the Minnesota State Cattlemen's Association.R-CALF’s Legal Challenge Continues
Published September 22, 2020
R-CALF USA is back in court to challenge the mandatory beef checkoff program. The U.S. District Court of Montana dismissed a case that challenged the constitutionality of the beef research and promotion program. In the original litigation, USDA entered into…A Second Round of Much-Needed Assistance for Livestock Producers
Published September 21, 2020
Bison producers are just one, of the several, people in the livestock industry excited bout the second Coronavirus Food Assistance Program. The industry was frustrated when USDA excluded bison from the first round of CFAP assistance. National Bison Association Executive…CRP Bale Removal Deadline is Oct. 1
Published September 21, 2020
North Dakota farmers and ranchers have just over one week, until October 1, to remove bales from Conservation Reserve Program acres. A deadline extension was granted for this year only to alleviate potential damage to CRP acreage caused by excess…Fire Breaks Out at Kist Livestock
Published September 21, 2020
A fire broke out at Kist Livestock in a maintenance building early Sunday morning at Mandan, North Dakota. The main auction barn was not affected, and the fire was kept from spreading to hay stored nearby. Early damage estimates are…