That shuffling sound you hear is me dragging out my soapbox once again. I’ve now positioned it squarely in front of you and will proceed with this week’s edition of a rant you have read before. Don’t worry. I’m right there behind your computer monitor or whatever electronic gizmo you are holding in your hand.
Twenty-one pork producers from Illinois, Iowa, Texas and Georgia served hundreds of military families by distributing pork meals during the 2014 Snowball Express, a charity for the children of America’s fallen military heroes....More
The U.S. Department of Agriculture’s quarterly Hogs and Pigs report will be released tomorrow at 2 p.m. CT. This is the first time in memory that the report has been released before Christmas. The December report has hardly ever been released on a Friday as customarily are the other three quarterly reports. The USDA has normally timed the December report to leave at least one full trading day before the end of the year so market participants can adjust positions per the report before the end of the calendar year....More
In an effort to build consumers’ comfort with cooking pork, the Ohio Pork Council partnered with four other state pork associations to create 16 videos featuring step-by-step instructions for cooking pork recipes....More
Hogs remain profitable and 2015 margins look to be better than 2014 for many producers. The key reason for this is that the average producer hedged prior to the high of the market and that same average producer was likely affected by porcine epidemic diarrhea virus....More
One of the last items of business before the Senate recessed for the year was passing the House tax extenders legislation. The package of tax extenders covers calendar year 2014 for approximately 50 tax provisions that had expired December 2013....More
The leadership and members of the Senate Agriculture Committee for the 114th Congress have been named. Sen. Pat Roberts (R-KS) will serve as chairman and Sen. Debbie Stabenow (D-MI) will serve as ranking member....More
U.S. Department of Agriculture Chief Economist Joseph Glauber announced that he will retire effective Jan. 1, and become a visiting senior research fellow at the International Food Policy Research Institute....More