An agreement between Murphy Family Ventures and Smithfield will allow the Murphy family to return to independent pork production. In a news release, Smithfield says the agreement establishes a Murphy-owned farming business with capacity to produce approximately 3.2 million hogs annually for Smithfield’s fresh pork operations. The company will assume ownership of 150,000 sows, and…… Continue Reading
December Class III milk futures on the Chicago Mercantile Exchange down a penny at $18.51. January 3 cents lower at $18.22. February down six at $18.55. March through May milk futures steady to 8 cents lower. Dry whey down $0.0025 at $0.7250 Barrels up $0.0450 at $1.65 Blocks up $0.0325 at $1.67 Butter up $0.0275…… Continue Reading