Tyson announced today that it has suspended operations at its Columbus Junction, IA pork plant. The closure is COVID-19 related for worker health protection after several contracted the virus. The plant has a capacity of about 10,000 head per day. Last week, total slaughter was 2.565 million head; assuming a five-and-a-half-day week, the plant represents about 2 percent of last week’s kill. Hogs are being sent to other Tysons facilities. This, of course, is the packer who has been through the drill before as last year’s fire at the Garden City, KS beef plant shut down operations and scrambled slaughter and packing operations to other plants. No word on how long the plant will be idle. National Beef has suspended it...
What You Need to Know Today: Attacks between the U.S. and Iran intensified overnight and the U.S. Central Command reported that the U.S. naval blockade against Iran will begin at 3:00 PM CDT Tuesday. President Trump said the Strait of Hormuz is open to all shipping traffic, except Iran. In an...
Beef packer margins improved to -$172/head last week, up $31 from the prior week as sharply lower fed cattle prices more than offset a seasonal decline in the Choice cutout. The cutout fell to $382/cwt while fed cattle prices dropped to $248/cwt, allowing packers to recover some of the margin c...
Key Takeaways: Aquaculture is becoming increasingly important in meeting global seafood demand, gaining market share as wild-caught fisheries face production limitations. Superior feed conversion efficiency gives aquaculture a competitive advantage over traditional livestock production, with l...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.