The North American Meat Institute (NAMI) this week claimed the Secretary of Agriculture’s transparent attempts to scapegoat the meat and poultry industry to shift blame for inflationary prices will not help consumers. NAMI President and CEO Julie Anna Potts states, “Americans are experiencing firsthand what the Secretary refuses to acknowledge, the effects of COVID and lack of labor are hurting …
New White House Report Outlines Problems with Meat Industry Concentration
According to a new report from the White House, President Biden understands that families have been facing higher prices at the grocery store recently. And half of those recent increases are from meat prices, specifically, beef, pork, and poultry. While factors like increased consumer demand have played a role, the price increases are also driven by a lack of competition at …
Pandemic Assistance for Livestock, Poultry Contract Producers and Specialty Crop Growers Updated by USDA
USDA Sets October 12 Deadline for CFAP 2 (WASHINGTON, Aug. 24, 2021) —The U.S. Department of Agriculture (USDA) is updating the Coronavirus Food Assistance Program 2 (CFAP 2) for contract producers of eligible livestock and poultry and producers of specialty crops and other sales-based commodities. CFAP 2, which assists producers who faced market disruptions in 2020 due to COVID-19, is part …
Vilsack and Tai to Meet with USDA Ag Policy Committee
Agriculture Secretary Tom Vilsack and U.S. Trade Representative Katherine Tai will meet with the Agricultural Policy Advisory Committee Friday. Topics include current and new trade deals, trade agreement implementation and concerns within the agreements. The committee, managed by the Department of Agriculture and the U.S. Trade Representative’s office, offers advice on U.S. trade policy. The committee consists of six technical …
Cargill and Continental Grain Purchasing Sanderson Farms
Cargill and the Continental Grain Company Monday announced a joint-venture agreement to acquire Sanderson Farms, the third-largest poultry producer in the U.S. The all-cash purchase totals $4.53 billion, or $203 per share, a 30.3 percent premium to Sanderson Farms’ share price of $155.74 on June 18, 2021. Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary …
National Farmers Market Week Underway
The U.S. Secretary of Agriculture proclaimed this first week of August as National Farmers Market Week. It is a way to champion the direct-to-consumer producers, market managers, and customers that make their communities come alive during market days. According to a story from Rod Bain, highlights of the week are not only the markets themselves, but the innovations that allow these institutions to …
Forecast for Beef Production Unchanged, Poultry Production Lowered
USDA’s latest forecast for beef production is virtually unchanged from a month ago. But according to a story from Stephanie Ho, USDA expects lower poultry production and slightly higher prices for broilers and turkeys, compared to last month. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Sign-up Begins for New Pandemic Livestock Indemnity Program
We told you last week that the U.S. Department of Agriculture (USDA) had announced a new program for certain livestock and poultry producers, called the Pandemic Livestock Indemnity Program (PLIP). This was designed to help producers who suffered losses during the Covid-19 pandemic due to insufficient access to processing and the cost of depopulation and disposal of those animals. Signup for this program begins today …
Clarifying the Product of the USA Label
The U.S. Department of Agriculture (USDA) recently announced a top-to-bottom review of the “Product of the USA” label, which will inform a forthcoming rulemaking on this topic. Agriculture Secretary Tom Vilsack said “American consumers depend upon accurate, transparent labels to obtain important information about the food they consume. American farmers and ranchers depend upon those same labels to convey information about …
Strong Variety Meat Demand Drives Record Month for Red Meat Exports
We told you last week that for the month of June, both U.S. beef and pork export values shattered previous records that were set back in May. Joe Schuele, with the U.S. Meat Export Federation (USMEF), has details on how strong variety meat demand helped drive the record month. A detailed summary of red meat export results is available on …