We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Shining Light on Farm & Food Policy for 20 Years.
Saturday, January 04, 2025
Agriculture Secretary Tom Vilsack is promising to pour $500 million into expanding meat processing capacity, which farm groups say will be a great start toward increasing competition in the sector and boosting livestock prices.
The Archer-Daniels-Midland Company (ADM) announced Monday that it will acquire the Serbian plant-based protein company Sojaprotein, the latest of its efforts to focus on the alternative protein market.
Archer Daniels Midland Co. reported net earnings of $712 million for its second quarter on Tuesday, a 27% increase from the same period the year prior.
Livestock producers across the West and northern Plains are relying heavily on rangeland insurance policies this year, even as the Agriculture Department considers changes to the program that could limit future indemnities for some farmers and ranchers.
The Department of Agriculture plans to invest $500 million in the nation's meat processing capacity, but specifics on how the money will need to be determined by an upcoming public input process.
High demand for farm equipment and issues in the supply chain mean that orders for new machinery from a number of companies are taking months to fill and prices for used equipment have gone up.
The USDA Food Safety and Inspection Service (FSIS) announced Saturday that Tyson Foods is recalling approximately 8.5 million pounds of ready-to-eat chicken products over concerns that they may be contaminated with Listeria monocytogenes.