Articles tagged under: COVID-19
Worthington Plant May Open Wednesday for Slaughter Only
Published April 28, 2020
As of today, 45 percent of the pork packing plant capacity nationwide is offline. Those plants are either closed or operating at a slow-than-normal pace. That means one million pigs do not have a home. Minnesota Pork Producers Association CEO…All Roads Lead to COVID-19
Published April 24, 2020
The economic damage has been done by COVID-19. Global Commodity Analytics and Consulting president Mike Zuzolo does not expect a rapid turnaround once the economy is back up. "When it comes to hogs, the cold storage supplies and food supply…Lawmaker Proposes More CCC Funding
Published April 24, 2020
Georgia Representative Austin Scott introduced legislation to provide $50 billion for the Commodity Credit Corporation. The legislation doesn't allow the imposition of payment limitations on COVID-related assistance. This is similar to a USDA request and a request earlier this year…Stabenow: USDA Can Address Payment Limits
Published April 24, 2020
Senate Agriculture Committee Ranking Member Debbie Stabenow addressed concerns for the $125,000 payment limits for direct payments in the USDA’s COVID-19 relief package. "Given the circumstances, the USDA has flexibility to address that. They did that in the Market Facilitation…Guidance Offered for Agribusinesses
Published April 23, 2020
The North Dakota Department of Agriculture has issued guidance for ag-related businesses to ensure continuation of the food supply while maintaining a healthy workforce. Best management practices are outlined for farm deliveries, ag processing and manufacturing, dairy farms and farmers…Rules for COVID-19 Aid Still Being Written
Published April 21, 2020
The coronavirus relief package for agriculture includes a payment limit of $125,000 per commodity and $250,000 per individual or entity. That cap is causing heartburn throughout farm country. National Cattlemen’s Beef Association Vice President of Government Affairs Ethan Lane says…What’s Hot, What’s Not in the Markets
Published April 13, 2020
The copper market may offer optimism for the rest of the economy. Advance Trading risk management advisor Tommy Grisafi offers insight into that possibility in today's edition of What's Hot, What's Not in the Markets. Grisifi offers his thoughts on…Perdue Gives Status Update on Farmer Coronavirus Aid
Published April 9, 2020
Agriculture Secretary Sonny Perdue says the USDA continues the process of getting feedback from agricultural groups on the USDA’s response to COVID-19. "We're meeting daily getting data, listening to stakeholders within the various commodity groups and getting their ideas, talking…Take Opportunities As You Can
Published March 20, 2020
Low commodity prices don’t offer a lot of opportunity, but Utterback Marketing President Bob Utterback says be ready to take advantage of opportunities when they appear. "I think all commodities will make multi-year lows between now and fall. As a…