Operating income of Seaboard Corp.’s Pork segment in the first quarter ended March 30 totaled $32,264,000, down 39 percent from $52,873,000 in the same period a year ago.
The U.S. Department of Agriculture projected U.S. sugar carryover on Oct. 1, 2014, at 2,245,000 short tons, raw value, up 77,000 tons, or 4%, from 2,168,000 tons forecast as the carryover on Oct. 1, 2013.
Excessive rain and snow in Northeast China — the country's main grain-growing area — has delayed spring plowing by about 10 days, with some doubting that the country will achieve yet another increase in its grain harvest this year.
Brazilian meat producer JBS has agreed to acquire Unidade Industrial Ana Rech hog processing facility, 491,000 hogs and poultry farm assets from BRF Brasil Foods, in a deal worth BRL200m ($100m).
A small group of protesters stood in front of the Abbotsford Costco on Wednesday afternoon to raise awareness of their campaign to boycott the sale of Atlantic farmed salmon.
A move by an Icelandic company to resume whale hunting after a two-year hiatus has angered conservation groups that are now calling on the United States to impose sanctions against the country.
Clearwater’s 1Q report for 2013 shows a slight drop in sales and adjusted earnings versus 2012, but the numbers “were consistent with management expectations.”
May Corn finished down 1 1/2 at 675, 4 1/2 off the high and 6 up from the low. July Corn closed down 7 at 633. This was 6 1/2 up from the low and 10 off the high.
Recent data on prices of butter, cheddar cheese in blocks and barrels, dry whey and nonfat dry milk in the week ended May 4 showed only small changes in either direction.
In the Netherlands, Sweden and Denmark, the dairy sector is planning to expand its production of milk powder based products for the export to China. The dairy processors hope that the abolishment of the milk quotas in 2015 will supply them with sufficient
A large number of farmers are engaged in the business without following certain standards in breeding, slaughtering, processing and transportation, which makes it difficult to supervise the safety of the product.
Favorable winter-weather conditions in parts of China this past year may produce a higher grain crop and cut the country's grain imports by almost 20 percent, according to a United Nation report.
Lawmakers are preparing to writing the new U.S. farm law that ended in a stalemate in 2012, and the biggest obstacle is not likely to be soil conservation or crop subsidies, but the billions spent mostly in cities and towns.
