New USDA Net Merit Report Debuts This Week
The Net Merit report, a tool introduced in 1994 for the benefit of dairy producers, will see significant updates.
Poultry Powerhouse Sanderson Farms Acquired for $4.53 Billion
Mississippi-based chicken processor Sanderson Farms, the third-largest chicken processor in the U.S., will be purchased by Cargill Inc. and Continental Grain Co. for $4.53 billion.
Tyson Foods Reports Increased 2021 Revenue Forecast
Tyson Foods has raised its fiscal 2021 revenue forecast due to higher-than-expected quarterly earnings from strong beef demands. Company officials…
Looking to the Future: John Deere Purchases Bear Flag Robotics for $250 Million
After a two-year partnership, John Deere has signed a $250 million purchase agreement for Bear Flag Robotics. Founded in 2017,…
Study Proves U.S. Corn, Soybean Markets Benefit From Red Meat Exports
A study conducted by World Perspectives Inc. showed U.S. beef and pork exports added $1.06 per bushel to the value of soybeans and 41 cents per bushel to corn in 2020.
Cattle Market Expands Reporting, Transparency Within The Industry
Starting today, August 9th, two new USDA Market News reports will provide additional cattle market transparency to help promote fair and competitive markets.
Why Experts Are Making the Case for Margin Protection Coverage in 2022
2022 will be here before we know it and with the continued volatility of the market, industry experts are making the case for Margin Protection, a federal crop insurance offering.
USDA Export Report Shows Old Crop Sales Lag, New Crop Corn Sales Thrive
According to a USDA report for the week ending July 29th, old crop corn (2.7 million bushels) and soybean sales were down moderately versus their prior 4-week average.
High Heat Reprieve May Not Last Long, Meteorologists Predict
Much-needed cooler temperatures are predicted for the first part of August after a scorching July — last month over 20 western U.S. cities set records for their all-time hottest month.
Ice Cream Sale Trends Continue to Rise
A positive for the dairy industry, ice cream production and sales continue to soar thanks in part to high summer temperatures and pandemic consumption trends.