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Creekstone Farms Forms Joint Venture with Beef Producer Pasture One
Nov 16, 2016Creekstone Farms Premium Beef has formed a joint venture with California-based beef producer Pasture One to expand its product line. The joint venture which features a production and sales relationship between the companies will help ...
Tags: Creekstone, Beef
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National Beef to Invest $8m to Expand Liberal Facility in Kansas
Sep 6, 2016National Beef Packing Company has announced that it will invest $8m to expand its boxed beef storage and shipping capabilities at its Liberal facility in Kansas. The Missouri-based company will add a palletizer, sorters, crane along with ...
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Tyson Fresh Meats Will Invest $47m for a New Boxed Beef Warehouse in Lexington
Mar 23, 2015Arkansas-headquartered Tyson Fresh Meats will invest $47m for a new boxed beef warehouse in Lexington, work for which, will begin this spring. To be built on the southeast corner of the existing beef complex, the 50,000ft2 warehouse, ...
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Hosen Capital Completes The Acquisition of Chicago's Beef Processor Ruprecht
Dec 18, 2014Beijing-based Hosen Capital’s New Hope Investment Fund has acquired Chicago’s beef processor Ruprecht. Ruprecht is the oldest operating beef processor in the region and this acquisition will bring more investments and help to ...
Tags: boxed beef, boxed pork, chicken, Agriculture
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Soybeans Were Sharply Lower on Fund and Commercial Selling
Mar 11, 2014Soybeans were sharply lower on fund and commercial selling. Ending stocks were down on the month at 145 million bushels, but that was still larger than expected. Additionally, it looks like traders are more focused on planting and quarterly ...
Tags: Soybeans, Agriculture, Food
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Soybeans and Corn Were Higher on Commercial and Technical Buying
Feb 26, 2014Soybeans were higher on commercial and technical buying. USDA’s outlook forum projects soybean planting at 79.5 million acres, less than what many private firms were expecting, so it looks like beans are trying to buy some acreage. ...
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They Are Predicting 2023 Beef Exports Will Be up 38.8%
Feb 14, 2014USDA's February WASDE increased their forecast of slaughter steer prices in 2014 by $2.50/cwt. They now expect the 5 area average for slaughter steers this year will be between $132/cwt and $140/cwt. USDA is predicting 2014 beef production ...
Tags: Agriculture, Food
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Corn and Wheat Were Higher,Soybeans Were Lower on Fund and Technical Selling
Feb 14, 2014Soybeans were lower on fund and technical selling. The near term supply remains tight and demand continues to look strong, keeping the fundamentals pretty much bullish. Past that – there's acreage position squaring against corn and ...
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Soybean Is Still More Than What's Needed to Meet USDA Projections
Feb 13, 2014Soybeans were higher on commercial and technical buying. Weekly export sales were lower than expected, but still more than what's needed to meet USDA projections and it was a good week for shipments. Around ten to fifteen percent of ...
Tags: Soybean, Agriculture, Food
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Soybeans Were Higher on Commercial and Fund Buying
Feb 12, 2014Soybeans were higher on commercial and fund buying. Weekly export numbers were strong, USDA will probably increase their estimate next week, and there are concerns about weather in key growing areas of South America. There’s been more ...
Tags: Soybeans Futures, wheat
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National Beef Packing Will Be Closing Beef Processing Facility in Brawley, California
Feb 10, 2014National Beef Packing Company announced today that they will be closing their beef processing facility in Brawley, California in early April. The closure is the result of tight margins due to declining cattle numbers. The plant employs ...
Tags: Packing plant, beef
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Soybeans Were Higher on Commercial and Technical Buying
Feb 10, 2014Soybeans were higher on commercial and technical buying. The near term supply remains tight and demand continues to look good, but China's celebrating their New Year, which could take them out of the market for a while. However, while there ...
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Soybeans Were Sharply Lower, Hitting Two Month Lows on Fund and Commercial Selling
Jan 23, 2014Closing Grain and Livestock Futures Mar. corn closed at $4.25, up 1 cent Mar. soybeans closed at $12.80 and 1/2, down 36 cents Mar. soybean meal closed at $416.50, down $18.00 Mar. soybean oil closed at 38.10, up 36 points Mar. ...
Tags: Soybean, Joplin Regional Stockyards, Iowa/Minnesota, cattle trade
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Cattle and Beef Prices Continue to Set New Records, and Not by Small Margins
Jan 20, 2014Cattle and beef prices continue to set new records, and not by small margins. This week both slaughter steer prices and beef carcass cutout values blew away last week's record highs. Through Thursday, the 5-area average price for slaughter ...
Tags: Agriculture, Food, Cattle, beef
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Soybeans Were Mixed on Old Crop/New Crop Spread Trade,with Nearbys up and Deferreds Down
Jan 17, 2014Wednesday's Closing Grain and Livestock Futures Mar. corn closed at $4.25 and 3/4, down 5 and 3/4 cents Mar. soybeans closed at $13.18, up 11 cents Mar. soybean meal closed at $434.50, up $4.40 Mar. soybean oil closed at 37.99, up ...
