Seaboard Foods has purchased Texas Farm, based in Perryton, Texas, for an undisclosed amount. Texas Farm, a subsidiary of Nippon Meat Packers, Inc., of Osaka, Japan, has 25,000 sows in production (capacity for 40,000).
The purchase takes Seaboard Foods of Shawnee Mission, Kansas, to 290,000 sows. Seaboard has a hog processing plant in Guymon, Oklahoma, with a second processing facility under construction as part of a joint venture with Triumph Foods, called Seaboard Triumph Foods, in Sioux City, Iowa. That plant will be operational by August 2017, killing 10,000 hogs a day.
Betsy Freese begins the process of turning a portion of a 400-acre farm into a wetland through the CRP.
Thirty years ago, over 6,000 farmers from across the U.S. swarmed the ADAPT meeting looking for profitable new ideas on how to diversify the enterprises on their operations.
Every year in mid-July, Ron Groskreutz jumps on his motorcyle and tours 10 Midwestern states looking at corn. As the director of origination for Heartland Co-op based in Des Moines, Iowa, Groskreutz needs to know what is headed his way come harvest.
This year, he is predicting a record corn harvest for the U.S.
“Most states won’t have record yields, but every state has good corn," says Groskreutz, who has 30 years of experience in the grain business. “If each state has its second-best corn crop, add them all together – and it’s the biggest crop ever.”
Steve Allard is senior vice president and chief credit officer for Farm Credit Mid-America (FCMA), which includes Indiana, Ohio, Kentucky, and Tennessee. He started with FCMA in 1979 as a loan officer working with farmers in distress or challenging situations. He was directly involved in helping customers survive the Farm Crisis of the 1980s.
SF: How does the farm financial situation differ today from the 1980s?
More than 20,000 pork producers from the U.S. and world are heading to the Iowa State Fairgrounds in Des Moines June 8-10 for World Pork Expo.
Iowa farm managers, rural appraisers, real estate brokers, ag lenders, and Extension specialists aren't expecting higher commodity prices this fall.
The farm economy is in purgatory right now, says John Lawrence at Iowa State University. Last year’s good yields, plus crop insurance are holding things together, but we need a supply shock.
In his 21 years with Seaboard Foods, the last four as president and CEO, Terry Holton has helped transition the company from a start-up operation with 20,000 sows in 1994, to a leading pork production and processing company anchored in Guymon, Oklahoma.
The list of swine diseases is growing. Get the highlights on the latest swine disease research in this update from the Iowa State University James McKean Swine Disease Conference.