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USDA invests $500 million in processors

USDA invests $500 million in processors

The U.S. Department of Agriculture is investing $500 million to strengthen the nation's beef processing capacity through its Strengthening Processing for U.S. Ranchers, or SPUR, program. The funding is aimed at small and midsize meat processors, which USDA defines as facilities processing 2,000 head of cattle or fewer each day. Officials say the goal is to build a more resilient supply chain while preserving processing capacity for cattle producers across the country. Under Secretary for Farm...

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New World Screwworm influence in the ag markets

New World Screwworm influence in the ag markets

The initial reaction in the ag marketplace to the first detection of New World Screwworm in a calf in south Texas in early June was a bit surprising to many market analysts. Generally, a negative headline can send the markets to the downside in a dramatic way, at...

Getting the most out of reciprocal trade agreements

Getting the most out of reciprocal trade agreements

Recently, the USDA hosted a trade mission to Argentina and Ecuador. While the two markets are distinct from each other, they also have many similarities. USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg led the mission and said he was...

Soybean demand evolves beyond traditional export markets

Soybean demand evolves beyond traditional export markets

Export markets have long been a cornerstone of demand growth for U.S. soybeans. As global populations expand and incomes rise, increasing protein consumption continues to create opportunities for soybean farmers. However, industry leaders say the future of soybean...

USDA invests $500 million in processors

Neutral June WASDE report had little impact on grain prices

A few slight offsetting changes in the June World Agricultural Supply and Demand Estimates (WASDE) report left the markets with very little to react to in Thursday’s trading session. That lines up with past years, though, as the June WASDE report is usually fairly...

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PFI hosts 2nd Annual Midwest Meat Summit

PFI hosts 2nd Annual Midwest Meat Summit

Practical Farmers of Iowa (PFI) hosted the 2nd Annual Midwest Meat Summit at the FFA Enrichment Center in Ankeny, Iowa, earlier this week. The two-day event brought together all members of the meat industry, including producers, processors, and distributors. Amos...

Claw health key to improving sow longevity

Claw health key to improving sow longevity

Claw health may not be the first thing producers think about when evaluating sow performance, but researchers say it can have a significant impact on longevity, productivity, and overall herd performance. Many of the factors that ultimately lead to a sow leaving the...