Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.
NPPC Campaign Showcases Pork Producer Environmental Stewardship
The National Pork Producers Council (NPPC) introduced a multimedia campaign, “Farming Today for Tomorrow,” to showcase U.S. pork producers’ long-standing commitment to environmental stewardship and further reducing greenhouse gas emissions.
“For more than five decades, U.S. pork producers have embraced advancements that have allowed them to do more with less,” said NPPC President Howard “AV” Roth, a hog farmer from Wauzeka, Wisconsin. “Hog farmers have an excellent story to tell and...
REPORTER: Q3 Pork: Hot Prices and Frigid Freezer Inventories
With COVID-19 concerns continuing throughout the third quarter and into the fourth quarter of 2020, areas such as boning-line labor, foodservice and recreational activities, cold storage, and production were all affected. The Pork Carcass Cutout noted an uncharacteristic price rally between July and October 2020, increasing by around 31.6%. Looking at the past, the 5-year and 10-year averages saw declines around 12% during this timeframe, while in 2019 the cutout saw a moderate increase of 3.8% for the respective time period...
Tyson Fresh Meats Temporarily Idles Pork Plant Following Operations Malfunction
Tyson Fresh Meats is temporarily idling production at its Columbus Junction, Iowa, pork plant due to a mechanical malfunction in the refrigeration system Tuesday evening. No one was hurt; however, company officials currently believe plant operations could be down for a few days as the team evaluates and mobilizes repairs. It remains too early to provide a definitive timeline for resuming production.
“We’re grateful to the plant management for quickly and efficiently evacuating team members from the building and keeping them...
National Pork Board Study Outlines Opportunities to Diversify Pork Exports
As U.S. pork exports continue to break records in 2020, new reports from the National Pork Board demonstrate opportunities that may diversify U.S. pork exports in Vietnam and the Philippines. The reports also show how African swine fever (ASF) outbreaks in Asia have impacted both countries’ pork industries and related supply chains.
The two new pork market assessments were prepared by Gira, a global research firm, with funding from the Pork Checkoff and the USDA Foreign Agricultural Service Emerging Markets Program. They share critical insights on...
Peter Brown Joins Seaboard Foods as President and Chief Executive Officer
Seaboard Corporation announces that it has hired Peter Brown as its President and Chief Executive Officer (CEO) of its Pork Division, Seaboard Foods LLC, to succeed Seaboard Foods' current President, Darwin "Duke" Sand, who has announced that he will be retiring, effective January 1, 2021. Brown brings to Seaboard Foods more than 30 years of executive leadership experience from many different levels of procurement, manufacturing, commercial distribution, and customer support, within varying protein types in both the retail and foodservice marketplaces.
As CEO, Brown will work collaboratively to drive results and have direct responsibility for all of the company's operations. His focus will include aligning Seaboard Foods' strategy and...
ANALYSIS: Year-Over-Year Highs for Sow Slaughter
According to the June Hogs and Pigs report, intended farrowings for September-November are down 5% from a year ago, implying...
Smithfield Foods' Adjusted Operating Results Swing to Loss in Second Quarter Amid COVID-19 Pandemic
Smithfield Foods, Inc. announced that it has spent $350 million to protect its team members and the American food supply during the COVID-19 pandemic, causing adjusted operating results to swing to a loss in the second quarter of 2020.
At Smithfield, the first half of 2020 was "a tale of two tapes": pre-pandemic and pandemic. Prior to the onset of COVID-19 in the U.S., Smithfield delivered record results in the first quarter of 2020, which were 190 percent higher than 2019. However, the impact of the pandemic weighed heavily on the company's second quarter, pushing adjusted operating results 140 percent below...
Rabobank Pork Quarterly Q3: More Uncertainties Ahead
Covid-19 brings many uncertainties to the global pork market. With various disruptions to the supply chain, Rabobank has revised down pork production for 2020 in major producing countries.
“Labor shortages, operational suspensions, soft demand, and channel shifting will force industry players to increase automation, adopt digitalization, improve plant working conditions, streamline processing, and integrate along the supply chain in order to...
COVID-19 Overshadows African Swine Fever, but ASF’s Influence Prevails
African swine fever remains the dominant issue in global animal protein – as it has been since 2018. But COVID-19 further distorts the outlook, constraining production, consumption, and trade.
ASF is still the major influence on global pork markets, and it continues to impact pig herds and restrict pork production in China, Vietnam, the Philippines, and parts of eastern Europe. As Rabobank does not anticipate an effective vaccine against ASF to be commercially available in 2020, biosecurity measures remain the most effective defense.
Herd recovery is underway in China, and has been proceeding faster than expected, but a further significant drop in...
NPPC Urges SBA to Ensure Ag Businesses Can Access Disaster Loan Program
The National Pork Producers Council (NPPC) joined 30 agriculture organizations yesterday in urging the U.S. Small Business Administration (SBA) to ensure agricultural business can participate in the economic disaster loan program included in the CARES Act.
Earlier this week, SBA posted information on its Economic Injury Disaster Loan (EIDL) program website stating applicants do not qualify for loans if they are an agricultural enterprise (e.g. farm). However, the CARES Act, signed into law last month, does not specifically exclude agriculture from this program. Congress intended for all business fewer than...
NPPC Seeks Labor Solutions for Potential COVID-19 Impact on Pork Supply Chain
The fallout from an ongoing labor shortage facing the U.S. pork industry and other agriculture sectors could significantly worsen due to the impact of COVID-19, the National Pork Producers Council said in a letter to U.S. government officials. NPPC’s concerns regarding COVID-19 are labor specific. There is no evidence that pigs can contract the virus.
In a letter to the president and other administration officials, members of Congress, and state governors, NPPC called for expedited solutions addressing the need for more workers on hog farms and in pork plants. It also called on federal, state and local governments to work together to develop a response to COVID-19 that protects public health and...
The Latest Market Briefing is Here!
Highly Pathogenic Avian Influenza Strikes South Korea’s Layer Houses
U.S. Department of Agriculture Announces Key Staff Appointments
Urner Barry Releases January Emerging Plant Protein Report
Sysco Releases New Foodie Solutions Toolkits
URNER BARRY INDICES