Poultry - General
Hurricane Helene shut at least two poultry plants in Georgia and North Carolina and twisted cotton crops in South Carolina in blows to U.S. food and fiber production.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.
Pilgrim’s Pride, one of the largest U.S. poultry processors, agreed to pay $100 million to settle claims it conspired with rivals to underpay chicken farmers, the final and by far the largest settlement in the seven-year-old antitrust case.
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.
On Thursday, Brazil detected its first case of Newcastle disease in poultry since 2006.
Some U.S. farmers who once raised chickens for Tyson Foods to slaughter are shifting to sell eggs instead after the meatpacker closed six plants, a move that left local suppliers with limited options for work.
A U.S. District Court judge for the Northern District of California, San Francisco Division, dismissed a lawsuit filed four years ago against the USDA regarding its decision to increase line speeds at poultry plants.
The laying hen industry shares similar risks to the pork industry regarding disease prevention. Versova’s Craig Rowles shares practical examples from the egg industry that could work on your farm.
Secretary of Agriculture Tom Vilsack announced updates on how USDA plans to address the complex competition issues in agricultural markets in order to create a fairer playing field for small- and mid-size farmers.
Tyson Foods’ decision to shutter four poultry processing plants, combined with Smithfield Foods announcing the closure 35 Missouri pig farmers, are strong signals that rapid consolidation is already underway.