Average cattle feeding margins improved $20 per head last week, which beef packer margins declined 17%. Farrow-to-finish operations recorded per head losses for the fourth consecutive week.
Vermeer Corporation is celebrating the 50th Anniversary of the first big, round baler introduced to the American agricultural market by company founder Gary Vermeer.
NCBA vice president of governmental affairs appeared on AgriTalk with Chip Flory to discuss COVID-19 relief packages and working with the new Biden administration.
Line speeds at some poultry plants were increased last year, a move critics claim also increased the spread of the coronavirus among poultry plant workers. The administration seeks to make the rule permanent.
Cattle feeders gained enough leverage to push negotiated cash cattle prices higher during both holiday weeks as 2020 drew to a close. Supplies of fed cattle will tick lower during the first quarter of 2021.
Average feedyard closeouts saw modest profits for cattle last week as cash prices improved. Hog finishing margins declined from near breakeven to a loss of $6 per head.
The U.S. Court of Appeals for the Ninth Circuit rejected the Meat Institute’s challenge to California’s 2018 ballot initiative that imposes new standards for animal housing.
