Word: wards
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...fall in prices, no matter the cause, could be devastating for the pork industry and ultimately bad for consumers. According to Dave Ward and Perry Iverson of Commodity and Ingredient Hedging, LLC, a Chicago-based agricultural-risk-management consulting firm, if prices continue to fall over the coming weeks, there will be fewer pork producers next year - and less pork production, consequently. Assuming demand for pork recovers, this will lead to higher prices long-term...
...producers have already suffered tight margins for the past two years, according to Ward and Iverson. The price of feed skyrocketed amid a rally in the prices of agricultural products, up until the recent slump in demand for pork. For example, soybeans recently set their seven-month high in futures trading on the Chicago Board of Trade...
...This year, farmers will likely suffer heavy losses, as the sale price of their hogs does not meet the cost of raising the animals. The recent price fall could be realized as a $10 to $20 per head loss in the next 12 months, predict Ward and Iverson. Pork processors have already lowered their bids for pigs, given the great degree of uncertainty in predicting the demand for pork...
...global panic subsides, scientists will focus on figuring out how to ward off the next emerging disease before it lands on our doorstep. "Now is the time to take the actions needed to prevent this," says Nathan Wolfe, director of the Global Viral Forecasting Initiative, which looks for new pathogens emerging from wildlife. One way to start would be to trace how, when and where the H1N1 virus emerged from pigs into people (or vice versa - over the weekend, Canada confirmed reports that a swine worker in Alberta passed the H1N1 virus to pigs). The H1N1 virus contains human, avian...
...investigators have yet to determine exactly what killed the animals. Lechuza's Argentine captain, Juan Martín Nero, told the Buenos Aires daily La Nación this morning he believed that tainted Biodyl, a vitamin supplement he said the team regularly gives its horses before matches to ward off exhaustion, was the culprit. "There were five [Lechuza] horses who were not given the vitamin," Nero told La Nación, "and they're the only ones that are fine." Nero insisted in the interview that Biodyl is "nothing prohibited." But he's wrong. It turns out, the Food...