Hogs - General
Working on a succession plan for your operation? Here are a few key points to keep in mind.
Negotiated cash cattle retreated an average of $2.31 per cwt. The week ending Aug. 17 and profit margins dropped by $79 per head to an industry average of $167 per head, according to the Sterling Beef Profit Tracker.
While I do not need the government to tell me how the cost of living has increased, the most recent data for July is now available. To be honest, I question whether the officially reported inflation figures align with what we are experiencing.
Entrepreneurial Franklin County farm family to be recognized for their commitment to the community and care for their land and livestock.
We try to be good parents by setting boundaries for our kids. We want to raise decent humans who are kind, make good choices and respect others. But let’s be real. During fair week, that all goes out the window.
“Is this a buffalo?” asked a young 20-ish fairgoer as he stood before the Grand Champion Market Steer in the Hall of Champions at the Illinois State Fair. He looked at me – dead serious – awaiting my response.
A new Kansas City Fed report shows farm incomes continued to weaken, particularly in crop-heavy states like Kansas, Missouri, and Nebraska, while cattle prices provided some support.
The RAPP focuses on growing export markets for American farm and food products around the world.
Texas Tech student honored with 2024 Forrest Bassford Student Award.
Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit, indicating that demand was rebounding for its meat products, while lower grain prices reduced costs for animal feed.
This week marked three decades on air for “AgriTalk,” the nation’s first and only radio talk show focused entirely on agriculture and rural America.
Beef packers were forced to pay up to acquire inventory last week and the result was a boost to feedyard profits and increasing packer losses. Pork prices and margins saw little change.
The Martin-Gatton College of Agriculture, Food and Environment Meat Cutting School offers fun and impactful hands-on workshops, adding valuable skills to the labor force in Kentucky’s meat processing industry.
Activist groups continue to seek out large gatherings as opportunities to garner attention for their messages against animal agriculture, and fairs and expos are no exception.
USMEF is working with USDA and Public Health Information System as well as industry partners to eliminate other barriers for U.S. meat shipments to Canada.
A hush went over the room of women representing varying stages of life – some just starting out in the workforce, others smack-dab in the middle of motherhood and career balancing, and even empty-nesters facing the final years of their career.
Every day, 33 serious injuries involving children occur on a farm or ranch in the United States, according to the National Children’s Center for Rural and Agricultural Health and Safety.
Sign-ups are now open for the 2024 College Aggies Online Scholarship Program Last year, $20,000 in scholarships were awarded.
The K-State Meat Demand Monitor evaluates how consumers prepare beef steaks, pork chops and chicken breasts.
Despite shifting sentiment on immigration, demographic trends will necessitate a moderate path on immigration.
The Biden-Harris Administration invests $110 Million through the Meat and Poultry Processing Expansion Program (MPPEP) and the Local Meat Capacity (Local MCap) Grant Program.
The company has been cutting back on meat purchases and has made efforts to return to profitability by shuttering chicken, beef and pork plants, as well as laying off corporate employees.
Weekend rains caused a partial roof collapse in the Dodge City, Kan., facility.
A rally in cash cattle prices lifted cattle feeding margins more than $100 per head and left packers mired in red ink. Pork margins have held firm in the mid-$40s for six weeks.
New proposed USDA rule will better protect farmers, ranchers, and other covered market participants by making clearer how prohibitions on unfair practices will be enforced under the Packers and Stockyards Act.
Communication between one generation to another can seem like talking a different language. “I suggest you approach looking at another generation with curiosity rather than judgment,” says Kim Lear of Inlay Insights.
How are you showing up on the farm? Do your actions meet up with your goals? Rena Striegel, a farm succession planning consultant, encourages the next generation of on-farm leaders to do some self-reflection.
Little change was found for livestock feeders last week as near identical week-to-week market prices held margins solidly in the black. Beef packers saw modest improvement with higher wholesale beef prices.
“If handled improperly, transition events can be the death of your business. Or it can strengthen your business and clearly outline who you are and where you want to go,” says Dick Wittman.
Formulating your farm’s succession plan is likely not a straight line. Polly Dobbs, an Indiana attorney who is part of a seven-generation farm family, says it’s important to stay focused on your end goals.