Articles tagged under: pork

Tyson Food’s Quarterly Earnings Exceed Expectations

Published November 16, 2020

Tyson Food’s fiscal fourth-quarter earnings exceeded expectations, thanks to strong beef and pork demand. The $11.46 billion in sales for the fiscal fourth quarter are an increase from last year’s $10.88 billion. Net income for the company is at $692…

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Hog Sector Disappointed Stimulus Negotiations on Hold

Published October 7, 2020

Some sectors of agriculture are disappointed negotiations for the next economic stimulus package are on hold. The HEROES Act 2 would help hog producers a few ways. "The bill would reimburse farms that put down animals because they had no…

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Improvements Made in CFAP 2.0 for Hogs

Published September 21, 2020

Minnesota Pork Producers Association CEO David Preisler says there are some improvements for hog producers in the Coronavirus Food Assistance Program 2.0. "Each program has its own separate cap. I think that's really helpful instead of it being one cap…

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More COVID-19 Challenges Ahead for U.S. Pork Producers

Published July 22, 2020

According to Kerns and Associates economist Steve Meyer, U.S. hog producers are holding on to about 1.1 million animals that should already be slaughtered by now. "We think this number will be up to about 1.6 million by the end…

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No Quick Solution for Packers or Pork Producers

Published June 12, 2020

According to Kerns and Associates economist Steve Meyer, the idle capacity of pork processing plants is at 11.3 percent, the lowest number seen in recent weeks. However, progress is starting to slow. "We speculated that the early days of recovery…

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The Backlog of Hogs Continues in MN

Published June 2, 2020

While pork packing plant capacity has increased in the last few weeks, Minnesota Pork Producers Association CEO David Preisler said it’s going to be difficult for the pork industry to move forward. Minnesota’s pork packing plants are running up to…

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Pork Industry Trying to Find the Positives in a Negative Situation

Published June 1, 2020

It’s easy to get caught up in the negativity surrounding the COVID-19 pandemic. Despite these tough times in agriculture, fourth-generation hog producer Kevin Hugoson from Granada, Minnesota is trying to find the positives. "One blessing in our family is both…

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Finding Homes for SD Hogs

Published May 18, 2020

South Dakota Interim Agriculture Secretary Larry Rhoden says he’s been working with State Veterinarian Dustin Oedekoven to find homes for the excess supply of pork in the state. "South Dakota State University has a processing facility they use on campus…

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Senators Ask USDA for Producer Indemnity Support

Published May 11, 2020

A bipartisan group of senators are asking the USDA to help pork producers forced to depopulate herds in the COVID-19 pandemic. In a letter, the lawmakers request indemnity funds for the immediate crisis. Pork producers typically send more than two…

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New CoBank Report Looks at COVID-19 Impact on Meat

Published May 6, 2020

A decline in U.S. meat production is expected to reduce grocery store supplies in May and June. According to a new CoBank report, meat supplies for retail grocery stores could decline 30 percent by Memorial Day, leading to pork and…

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