Latest News From Hog Prices-Markets

Danish Farmers Concerned Carbon Tax Will Lead to Lower Livestock Production
Danish Farmers Concerned Carbon Tax Will Lead to Lower Livestock Production

Denmark's farmers on Wednesday voiced concerns that plans to levy a carbon emission tax on farming as part of efforts to meet Denmark's ambitious climate goals would force them to reduce production and close farms.

USDA Awards Funds to Help Expand Export Markets for U.S. Food and Ag Products
USDA Awards Funds to Help Expand Export Markets for U.S. Food and Ag Products

USDA's Foreign Agricultural Service announces more than $203 million to nearly 70 agricultural organizations to help expand export markets via the Market Access Program and Foreign Market Development program. 

Proposed Legislation Seeks to Analyze Livestock Industry Consolidation
Proposed Legislation Seeks to Analyze Livestock Industry Consolidation

The Livestock Consolidation Research Act would direct a study on the impact of livestock industry consolidation, and a report about how this has affected new market entrants, access to resources and purchasing power.

Ag Economists Turn More Positive Longer-Term On the Farm Economy
Ag Economists Turn More Positive Longer-Term On the Farm Economy

The July Ag Economists' Monthly Monitor showed several key changes from June including a bigger cut to corn and soybean yields, a drop in corn and soybean prices and more bullish cattle and hog prices.

USDA Launches Effort to Strengthen Validity of Animal-Raising Claims
USDA Launches Effort to Strengthen Validity of Animal-Raising Claims

USDA announced on June 14 that it is implementing a multi-step effort aimed at strengthening the substantiation of animal-raising claims.

Crashing Dirt Bikes to Chasing Cows: Scott Irwin Releases New Book on Futures Market
Crashing Dirt Bikes to Chasing Cows: Scott Irwin Releases New Book on Futures Market

Futures markets are a mystery, says Scott Irwin, author of the new book, Back to the Futures, is now available for pre-order and is scheduled to be released on April 19 on Amazon.

Do A Risk Assessment to Gauge Your Farm's Technical Debt
Do A Risk Assessment to Gauge Your Farm's Technical Debt

Could agriculture face a Southwest-type meltdown?

U.S. Exports to Dominican Republic Reach Record-High; Pork Leads Way
U.S. Exports to Dominican Republic Reach Record-High; Pork Leads Way

For the third straight year, agricultural exports from the U.S. to the Dominican Republic have reached an all-time record with pork leading the way in 2022. 

U.S. Diesel Crisis Lingers as Europe Prepares for Russian Oil Ban
U.S. Diesel Crisis Lingers as Europe Prepares for Russian Oil Ban

Global diesel and distillate fuel stocks have fallen to dangerous levels and the U.S. has been exporting a lot of diesel to Europe and Latin America, but now things are changing.

europe_globe
EU Sees Lower Meat and Dairy Output as Weather and Disease Weigh

Meat and dairy production in the European Union is expected to decline this year and next as livestock farms feel the effects of drought, disease outbreaks and rising costs.

John Phipps: Is the Outrage By Dutch Farmers Now Being Heard by the World Enough to Prevent Policy Changes?
John Phipps: Is the Outrage By Dutch Farmers Now Being Heard by the World Enough to Prevent Policy Changes?

Europe and the Netherlands have been dealing with an increasingly incendiary political situation pitting the country’s farmers against EU government plans to decrease greenhouse gas emissions by half by 2030.

U.S. Recession Probability Soars as Inflation Pains Worsen
U.S. Recession Probability Soars as Inflation Pains Worsen

Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months.

Oil Pumps
BREAKING: U.S. To Ban Russian Oil Imports

UPDATE: WASHINGTON (AP) - Biden: US ban on Russian oil a 'powerful blow' to 'Putin's war,' warns Americans 'defending freedom is going to cost.'

Research Helps to Keep Holiday Meal Costs Down
Research Helps to Keep Holiday Meal Costs Down

How are investments in agriculture paying off at the grocery store and boosting local economies?

Ag Groups Urge Biden to Act Now on Unfair Ocean Carrier Practices
Ag Groups Urge Biden to Act Now on Unfair Ocean Carrier Practices

Agriculture associations urge President Biden to address ocean carrier practices causing increased costs and delays for American businesses as “the problem not only persists, but is becoming more dire.”

Canada Joins Mexico in Seeking Consultation with U.S. Over USMCA Content Rules
Canada Joins Mexico in Seeking Consultation with U.S. Over USMCA Content Rules

Canada has joined Mexico in seeking formal consultation with the United States over the interpretation of content rules for automobiles set out in the North American trade pact, Mexico and Canada said on Friday.

Semi Trailer
How Will the Economic Boom Impact U.S. Agricultural Businesses?

CoBank says challenges brought on by COVID-19 will speed up automation throughout many sectors of the supply chain. Here's a deeper look at the animal protein industries in CoBank's latest report.

Dennis DiPietre and Lance Mulberry
Prevent Supply Chain Disruption Devastation

What do the blockage of the Suez Canal for several days and the run on feta cheese resulting from a recipe that went viral have in common? They both place unexpected stresses on supply chains.

Senate to Vote on Vilsack's Secretary of Agriculture Confirmation Next Week
Senate to Vote on Vilsack's Secretary of Agriculture Confirmation Next Week

The Senate has scheduled a vote on Tom Vilsack’s nomination for Secretary of Agriculture on Feb. 23. In early February, the Senate Agriculture Committee unanimously approved President Biden's pick to lead USDA.

Is Phase One or Politics Driving China’s Record Appetite for U.S. Ag Products?
Is Phase One or Politics Driving China’s Record Appetite for U.S. Ag Products?

Whether it’s to fulfill Phase One promised, or an increased need for feed, some say the timing of the record Chinese buys isn’t a coincidence. So, what's driving the record demand from China?

U.S. Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) speaks during a news conference in the U.S. Capitol in Washington, U.S., January 26, 2021. REUTERS/Al Drago
Sen. Stabenow Supports CFAP Freeze and Review

Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) says she supports the Biden Administration’s move to freeze payments under the Coronavirus Food Assistance Program (CFAP).

President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).
Biden's Trade Team is Stacked with USMCA Linchpins

President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).

Resilience Reigned in 2020: How Livestock Producers Navigated the Pandemic
Resilience Reigned in 2020: How Livestock Producers Navigated the Pandemic

The onset of the COVID-19 hit the livestock industry especially hard. A sudden loss of demand caused prices to plummet. But thanks to the ability to pivot quickly, livestock producers showed resilience in 2020.

2021 Livestock Market Outlook Roundup
2021 Livestock Market Outlook Roundup

The editors at AgWeb.com are looking at experts’ projections for commodities in 2021 to help you succeed in the coming year. Here’s a look at what analysts expect for the upcoming year in the protein segments.

Biden Says He Will Not Immediately Remove Phase 1 Trade Deal With China
Biden Says He Will Not Immediately Remove Phase 1 Trade Deal With China

U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.

Turn the tables and seek insightful answers to better manage your farm.
Questions to Ask Your Lender Now

Turn the tables and seek insightful answers to better manage your farm.

Tight Times? Make Sure You’re Living Within Your Means
Tight Times? Make Sure You’re Living Within Your Means

In times of tighter margins, it’s more important than ever to know that you are living within your means. Just as every farm is unique, so is every family’s needs when it comes to living standards. 

Senators Reintroduce Bipartisan Food Supply Protection Act 
Senators Reintroduce Bipartisan Food Supply Protection Act 

The Food Supply Protection Act, reintroduced with bipartisan support, will help protect workers, reduce food waste, and support both farmers and families in need.

Time to Put the Plans on the Shelf, Peterson Says
Time to Put the Plans on the Shelf, Peterson Says

COVID-19 has exposed a lot of issues in our food supply chain, said House Agriculture Committee Chairman Collin Peterson (D-MN). One of the things that he's focusing on is preparedness in the future event of a crisis.

China Must Meet Phase One Obligations, Ag Groups Urge President
China Must Meet Phase One Obligations, Ag Groups Urge President

The U.S. net farm cash income in 2020 is projected to decline 9% from 2019. Nearly 200 agricultural groups sent a letter to President Trump urging continued implementation of the U.S.-China Phase One Trade Agreement.

Stabenow Introduces Food Supply Protection Act
Stabenow Introduces Food Supply Protection Act

Sen. Debbie Stabenow (D-Mich.) introduced legislation to help protect the food supply after the COVID-19 crisis has placed an unprecedented strain on farmers, workers, food banks and families.

U.S. negotiators have reached the terms of a phase-one trade deal with China that now awaits President Donald Trump’s approval
U.S. Reaches Deal in Principle With China, Awaits Trump Sign-Off

U.S. negotiators have reached the terms of a phase-one trade deal with China that now awaits President Donald Trump’s approval.

The letter was sent by former Secretaries John Block (Reagan), Mike Espy (Clinton), Dan Glickman (Clinton), Ann Veneman (W. Bush), Mike Johanns (W. Bush), Ed Shafer (W. Bush), and Tom Vilsack (Obama).
Agriculture Secretaries Urge Congress To Ratify USMCA

All former U.S. Secretaries of Agriculture since President Reagan’s Administration announced on Thursday their support for the United States-Mexico-Canada Agreement (USMCA).

If realized, inflation-adjusted net farm income would remain slightly below its historical average of $90.1 billion.
USDA: Net Farm Income To Increase Nearly 5% From 2018

The USDA Economic Research Service on Friday updated their net farm income forecast for 2019.

35% Of Farmers Say The MFP Won’t Offset Their Losses Enough
35% Of Farmers Say The MFP Won’t Offset Their Losses Enough

The first tranche is slated for August.

“Before you make that final decision, make sure you discuss that with someone you have a lot of faith in from a character perspective,” he says. “Get someone else’s opinion.”
Should You Take An MFP Payment?

For several weeks, farmers have been debating amongst each other the virtue of taking a Market Facilitation Program payment.

The new tariff will be imposed beginning Sept. 1, he said in a tweet. Another $250 billion in Chinese goods are already subject to a 25% U.S. tariff.
Trump Ratchets Up Trade War With New Tariffs on Chinese Imports

Trump abruptly escalated his trade war with China

Dairy producers who were in business as of June 1, 2019, will receive a $0.20 per hundredweight payment on production history, and hog producers will receive an $11 per head.
MFP 2019: Payments Range From $15 to $150 Per Acre

After months of uncertainty and murky details, the agency announced per acre payments will vary by county but will range from $15 to $150. 

Farm Journal Washington Correspondent Jim Wiesemeyer said China is planning to bring 100 people for trade talks in D.C. next week, a sign the countries could be very close to reaching a final agreement.
Wiesemeyer: Presidents Trump, Xi Need a Trade Deal Win

Trade talks with China are set to kick back up next week in Washington, D.C. and Farm Journal Washington Correspondent Jim Wiesemeyer thinks there's a 98% the U.S. will see a trade deal soon.

Trump Weighs Canceling NAFTA to Push USMCA Approval Through Congress

President Trump and his advisers are weighing whether to cancel the North American Free Trade Agreement (NAFTA) to force through the U.S.-Mexico-Canada Agreement (USMCA).

President Trump
Trump’s Tariff Threats Strike a Tone Before Meeting with Xi Jinping

President Donald Trump says he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, reports Jim Wiesemeyer of ProFarmer.

Senators Appeal Once More to Trump on NAFTA
Senators Appeal Once More to Trump on NAFTA

Six Republican senators met with President Trump and Vice President Pence on Thursday last week to advocate for preserving the North American Free Trade Agreement (NAFTA), reports the National Pork Producers Council.

Canada knows the importance of NAFTA and wants to protect its position.
Canada Sends Ministers to U.S. to Boost NAFTA as Key Talks Loom

The Canadian government is sending three cabinet ministers to the United States to stress the merits of NAFTA, officials said on Thursday, paving the way for key talks that could either sink or save the trade pact.