Latest News From Hogs - General

Cattle and hog feeding operations saw their margins remain modestly profitable last week with little movement in cash prices. Both cattle and hog feeding margins are higher than last year at the same time.

While COVID-19 infections spiked at Tyson's Waterloo, Iowa, plant, supervisors allegedly placed bets on how many workers would become infected. Tyson CEO Dean Banks suspended the managers and announced an investigation.

Cattle and hog finishing margins are both modestly positive for the seventh consecutive week, though hog margins saw a slight decline with lower lean carcass prices.

The organization partners with farmers and other members of the agricultural community to move food from the farm level to food banks and distribution centers around the U.S.

Adapting market development programs for U.S. pork, beef and lamb to a COVID-impacted world and meeting the changing needs of international consumers were dominant themes of the USMEF Strategic Planning Conference.

Fifteen food and beverage associations sent a letter to President Donald Trump requesting priority access to COVID-19 vaccines to protect workers and keep the food supply chain running.

When a plant increases operational capacity, there is an increase in total industry capacity which in turn has economic ramifications through the cattle cycle as the inventory is expanded or liquidated.

Closeouts on cattle and hogs marketed last week remain modestly profitable for the sixth consecutive week, according to calculations by Sterling Marketing.