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- Knight: COOL Will be Implemented During 2008
- Kansas Farm Income Showed Steep Gains in 07
- Winter wheat matures slower than normal with cool spring
- U.S. Pork and Beef Exports Continue Expansion
- Senate to Focus on Controlling Energy Prices
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- Tight Supplies, Strong Demand Continue
- New farm bill seen adding fodder for trade feud
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- Favorable Reaction Expressed by Many
- USDA Crop Forecast Issued
- World Supply and Demand Estimates Released
- USDA Releases World Numbers for Livestock, Poultry and Dairy
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- US senator eyes deal to help pass Colombia pact
- WTO chief says trade deal still possible in 2008
- U.S. sees record world food crops easing crisis
- US Republicans press Pelosi for Colombia pact vote
- South Korea kills all poultry in capitol
- Farrowing Basics School Offered June 17-18 at UNL
- Two UNL Extension Organic Farm Tours Offered June 17 or 18
- Brazil to ease farm debt repayment to raise output
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- Wis. remains tops in cheese
Ag News
Feed Costs Force Cutbacks
Published Wednesday, May 07, 2008 at 04:57 AM
Corporate farmers are also cutting back. Fieldale Farms Corporation, a privately held chicken producer, is cutting its production by 5 percent starting in the middle of the month. Tom Hinsley, senior vice president, said he expects higher chicken prices by midsummer. Pilgrim's Pride said it plans to reduce weekly chicken processing by 5 percent in the second half of the year, and keep production down until margins improve. Smithfield said in February that it would slaughter 4 percent to 5 percent of its breeding sows.
The U.S. Department of Agriculture predicts overall food prices could increase another 4 percent to 5 percent in 2008.
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