pork | Red River Farm Network

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…

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…

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.…

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…

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…

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…

Unknowns Ahead for MN Hog Producers

Published April 3, 2020

The hog markets are experiencing losses due to the coronavirus. "There was a been a pretty hard drop in the futures market in March. Uncertainty has driven that," said David Preisler, CEO, Minnesota Pork Producers Association. "Now, there's a packing…

Livestock Markets Trying to Look Past COVID-19

Published March 25, 2020

Packers within the cattle industry are stepping up, offering premiums to cattle feeders for the week of March 23. Another glimmer of good news is the cattle markets have rebounded to start the week. As the commodity markets try to…

USDA Announces Expanded Access for U.S. Meat Products to China

Published March 24, 2020

Phase one implementation of the trade agreement between the U.S. and China is pressing forward. The most recent actions include growth for U.S. meat products. Both countries have agreed to allow U.S. poultry exports from unaffected regions in the case…

Increased Market Access for U.S. Beef and Pork

Published March 23, 2020

USDA’s Food Safety and Inspection Service has updated its export requirements for U.S. beef and pork going to China. More U.S. facilities are now eligible to export beef to China and exports are no longer limited to beef from cattle…

Articles tagged under: pork

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

Packing Plant Closures Impact Local Producers

Traders Compare Impact of Packing Plant Shutdowns

Sioux Falls Smithfield Employees Test COVID-19 Positive

AFBF Analysis: Low Price Levels Threaten Farmer’s Livelihood

Livestock Markets Continue to Struggle

Unknowns Ahead for MN Hog Producers

Livestock Markets Trying to Look Past COVID-19

USDA Announces Expanded Access for U.S. Meat Products to China

Increased Market Access for U.S. Beef and Pork

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