News
Meat industry associations quick to attack the new MCOOL rule
Jeremy Russell, NAMA directory of communications and government relations, said, “This Final Rule is not significantly different from the Proposed Rule. It will exacerbate costs, particularly for independent packers that need to commingle animals to run their plants near capacity.
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Oil prices pare losses on U.S. equities turnaround
Brent crude oil prices retraced earlier losses after falling to a three-week low on Thursday in a broader commodities selloff, riding the coattails of a late turnaround in U.S. equities to end flat.
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Future of food discussion with Agriculture Secretary
Agriculture Secretary Tom Vilsack was a featured guest on a recent web forum on food and agriculture issues.
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Ag markets diverged prove rather volatile on Thursday
Corn futures seemingly suffered a relapse in the wake of their Wednesday rally Thursday morning, but came back later.
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Natural gas outlook: Spot prices increase in most areas
Working natural gas in storage increased to 2,053 billion cubic feet (Bcf) as of Friday, May 17, according to EIA’s Weekly Natural Gas Storage Report.
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Hormel Foods profit declines as costs pinch
Hormel Foods Corp, the maker of Spam canned ham, reported a lower quarterly profit due to expenses related to its Skippy acquisition and higher costs at its Jennie-O Turkey Store business.
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Livestock Slaughter: Pork production up 5 percent from April 2012
According to the USDA's latest "Livestock Slaughter" report, pork production totaled 1.94 billion pounds, up 5 percent from the previous year. Hog slaughter totaled 9.36 million head, up 6 percent from April 2012.
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Corn futures relapse in wake of Wednesday's rally
Corn futures seemingly suffered a relapse in the wake of their Wednesday rally early Thursday morning, but came back later.
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Commentary: Kiwi controversy
When you’re an export-dependent nation—in this case, New Zealand—and your No. 1 customer decides to block the entry of your products, what do you do? You wait. Is there a lesson here for us?
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Wet U.S. Midwest sections may lead to fewer corn acres
Rainfall over the next week to 10 days in parts of the Midwest will delay late corn seedings and possibly cause a shift from corn to soybean acreage, an agricultural meteorologist said on Thursday.
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U.S. revises meat-labeling rules to satisfy WTO ruling
Meat packers will be required to explicitly list the origin of beef, pork and chicken sold in U.S. grocery stores, the government said on Thursday, a regulation intended to resolve years of disputes with Canada and Mexico.
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