Smithfield Invests $1.3B in South Dakota
Smithfield Foods will invest up to $1.3 billion to build a new 1.1 million square-foot meat processing facility in Sioux Falls, South Dakota, replacing their century-old plant. Construction begins in early 2027, with completion expected by late 2028, supporting over 3,200 jobs and local hog farmers.
US Farm Numbers Drop 8% Since 2018
U.S. agriculture lost 15,000 farms in 2025, continuing a seven-year consolidation trend. Only operations exceeding $1 million in sales grew.
DTN Retail Fertilizer Trends
Retail fertilizer prices for the second week of February 2026 were higher compared to last month. Only one nutrient, urea, was higher a considerable amount, which DTN designates as anything 5% or more.