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Articles tagged under: pork

Noem Signs Executive Order for SD Pork Producers

Published April 20, 2020

South Dakota Governor Kristi Noem signed an executive order to help the state’s pork producers during the coronavirus. "With packing plants shutting down across the country and in our region, farmer's options are very limited. The executive order will give…
Top StoriesLatest NewsPolicy

JBS USA Closes Worthington, MN Pork Plant

Published April 20, 2020

JBS USA is closing its Worthington, Minnesota pork production facility indefinitely. There's been a growing number of coronavirus cases at the plant. The facility employs more than 2,000 people and processes 20,000 hogs per day. The pork facility will be…
Top StoriesLatest NewsAg Business

U.S. Pork Industry Requests Help from USDA

Published April 15, 2020

The National Pork Producers Council is asking the USDA to help producers deal with the market challenges of the coronavirus. "We need more than $1 billion in pork purchases by the USDA to clear out a backed up meat supply,…
Top StoriesLatest NewsPolicy

Any Packing Plant is Important Right Now

Published April 15, 2020

According to Kerns & Associates economist Steve Meyer, any packing plant is important to the pork industry right now. "It's the cumulative effect that gets us. If we would have lost one plant at a time, even just two plants…
Latest NewsMarketsLivestock

Large Losses Expected for U.S. Pork Producers in COVID-19

Published April 15, 2020

According to an economic analysis by Iowa State University economist Dermot Hayes and Kerns & Associates economist Steve Meyer, hog farmers will lose nearly $37 per hog or almost $5 billion collectively for each hog marketed the rest of the…
Top StoriesLatest NewsMarkets

Packing Plant Closures Impact Local Producers

Published April 14, 2020

The closing of the Smithfield Foods plant in Sioux Falls has been felt throughout the swine industry. "Let's face it, the last few years in animal agriculture have not been great." said Bob Thaler, swine specialist, South Dakota State University…
Top StoriesLatest NewsLivestock

Traders Compare Impact of Packing Plant Shutdowns

Published April 14, 2020

According to Summit Commodities market analyst Tim Marsh, having the Smithfield Foods pork plant in South Dakota shut down is comparable to having the beef plant in Kansas shut down last summer. Marsh says the difference is the current prices.…
Latest NewsLivestock

Sioux Falls Smithfield Employees Test COVID-19 Positive

Published April 9, 2020

More than 80 employees at Smithfield Foods are confirmed to have the coronavirus, according to health officials on Wednesday. The Sioux Falls, South Dakota-based pork processing plant is taking necessary measures to protect workers. That includes temporary closure, expanding rigorous…
Top StoriesLatest NewsLivestock

AFBF Analysis: Low Price Levels Threaten Farmer’s Livelihood

Published April 9, 2020

According to an updated economic analysis by the American Farm Bureau Federation, crop and livestock prices are falling to levels that threaten the livelihoods of farmers and ranchers. Since the beginning of the year, both beef and pork futures declined…
Top StoriesLatest NewsMarketsLivestock

Livestock Markets Continue to Struggle

Published April 3, 2020

The livestock markets continue to struggle. Kluis Commodities market analyst Jacob Burks said the struggle will continue until demand picks up. "It's a very unfortunate pattern, but we could see the writing on the wall. The restaurant business and food…
Latest NewsMarketsLivestock
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