institutional markets in the United States. The Company produces approximately 4.1 million hogs per year and processes the majority of the hogs in its own facilities. The Company also sells a portion of the hogs produced (live hogs) to outside third parties. PIGS does not have any firm commitments to sell live hogs to third parties, nor does it hedge its live hogs through commodity futures contracts. There are essentially three major categories of hog inventory—live hogs ready for sale, developing animals, and processed pork products. Farmer Joe, CEO of the Company, has represented that the processed pork product prices are sufficient to cover the costs of producing such products, i.e., the wholesale prices of processed pork products, such as loins, hams, and bacon exceed the cost to bring such products to market. As a result, management believes that there is no lower of cost or market issue related to live hogs ready for sale or developing animals that will be internally processed and sold as processed pork products. However, there are live hogs in other locations that cannot be easily transported and processed at the Company’s main processing plants. As a result, these live hogs must be sold to third parties at spot market prices, which have declined, as further discussed below. During the Company’s fiscal year 2003 (the Company’s year-end is March 31), lean hog pork prices were severely impacted by several factors, including, the capture of the Big Bad Wolf, which led to…
I really like the nature and green trees especially if there is water, that was my best thing in my day is driving between this trees. Smithfield is known as the ham capital of the world. In addition, it attracts many tourists because of its historic district. I really enjoy driving everyday about 35 minutes along the tall trees and the green fields before I get in the torture house (that’s what I use to call my work place). I begin working at 4 pm and I usually get off after 1 am. I felt tired…
Porcine Epidemic Diarrhea Virus (PEDV) Disease epidemic in Montana. Porcine Epidemic Diarrhea is a viral swine disease caused by a coronavirus which affects the lining cells of the intestines causing severe diarrhea and dehydration in affected animals (Changhee et al.’s 2015), older hogs infected with the virus lose weight while newborns die within five days. Although this disease cannot be transmitted to human beings and does not contaminate food supply, it has a great economic effect on…
“ HAM” (Africa, Middle-East, Arabs And Asia) Ham was the youngest son of Noah (Genesis 9:18-19, 22, 24). After the food, God divided lands between Noah’s children and Ham the youngest son of Noah and his family were given lands, and languages, of which the scholars were able to trace Ham’s offspring’s to their geographic locations (Genesis 10:20). The sons of Ham were “Cush, Mizraim, Phut, and Canaan” (Genesis 10:6; 1 Chronicles 1:8). Cush the first son of Ham became the ancestor of the…
The topic Biblicist Racism in the readings that were done in the class talked about various different questions that many of us have. This topic is well known by most people in the United States. Firstly, how different racial groups came to existence was explained as a myth through Curse of Ham myth. Secondly, how some racial groups are superior compare to others “as spiritually, morally, and culturally” is shown in A Great Racial Commission: Religion and the Construction of White America…
Ken Ham and Bill Nye, couldn’t be any different when it comes to science and the world around them. Both have strong scientific backgrounds, but very different interpretations. How do they measure up in persuading the public of their beliefs though? I would imagine both desire to reach the greatest number of people as humanly possible. So, what’s their strategy? They both can be found on Facebook where they share blogs, photos, and more in an effort to persuade their audience that each is…
Ham directs her feelings of social media towards everyone. There is no set age for this article she could be talking to a thirteen year old teenager or she could be talking to a sixty five year old. This article appeals to all users of social media. Ham uses a somewhat humorous and serious tone throughout the story to support her thesis. Going back to the dangers of oversharing on social media Ham recalls a South African man who called his boss a "serial masturbator".(¶5) Ham also continuous…
Seuss this is one of the first books I can remember that actually taught me something valuable. After the teacher read it, she gave a few moments to think about what is the overall meaning of the text. This was the first time I can ever remember when I have been asked this. For a few moments I thought to myself it was just supposed to be a silly read, something for entertainment what could this time teach me. Time was up and she asked for the whole class response and everyone responded “ Green…
Praline Glazed Ham Recipe Glazing a ham with pralines is an easy way to try something new and different while leaving a lasting impression on your dinner guests. This recipe uses a fully cooked ham, so all you have to do is make the quick glaze, slather it on, and bake for about 20 to 30 minutes to caramelize the outside. Praline Glazed Ham Ingredients: 1 fully cooked, bone-in, smoked ham (6 to 10 lbs) 4 Original Creole pralines -OR- 6 oz Fallen Pralines 1/4 cup water 1 tsp ground allspice 3…
The world is and always will be fearful of those who are unique; and this idea is well portrayed in one of the bestselling children’s book called, Green Eggs and Ham. Green Eggs and Ham, is written by the award-winning author, Dr. Seuss, the book is not just filled with rhymes and colorful illustrations. Nevertheless, it holds the dreadful truth about society within itself. The truth is that the public will throw itself under the bus just because they want to feel higher than those who are…