The Canadian Meat Council says pork processors and farmers need targeted support from the federal government to maintain the viability of packers and to not lose jobs.
Pigs
Canadian Meat Council calls for federal support for pork processors, producers
Some packers are projecting losses of over $100 million this year in face of Chinese tariffs, council says
U.S. livestock: Prices push upward; boxed beef slips back
Boxed beef slips back
Live and fed cattle futures and those for lean hogs on the Chicago Mercantile Exchange were higher on Friday.
Tariff uncertainty reminiscent of COVID era says Iowa pork producer
U.S. hog group lobbied the Canadian government for exemption from counter-tariffs
An Iowa pork producer says the ebb and flow of tariffs has introduced major uncertainty into his sector. “The goal posts keep getting moved,” said Aaron Juergens.
China expands access for Spanish pork as trade tensions with US mount
China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.
U.S. livestock: Losses for cattle, upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower […] Read more
U.S. livestock: Closing higher after Trump announces tariff pause
But boosts duties on China to 125 per cent
Live and fed cattle futures on the Chicago Mercantile Exchange were stronger on Wednesday, after United States President Donald Trump announced he will pause his reciprocal tariffs for 90 days. Trump said the suspension of the levies comes as more than 75 countries were set to negotiate trade with the U.S. or had not taken […] Read more
How are U.S. tariffs affecting American agricultural trade so far?
“Irreplaceable” market China has already decreased reliance on American soy, corn
New deals could be struck with over tariffs “perhaps even by the end of the week,” U.S. Agriculture Secretary Brooke Rollins told Fox News on Tuesday as the country’s self-made trade war threatened markets for American farm goods.
U.S. livestock: Prices mixed amid upticks in futures and equities
Boxed beef prices either side of steady as well.
Live and fed cattle futures on the Chicago Mercantile Exchange were largely mixed on Tuesday, not quite able to fully join the upswing in the futures and equities markets. United States President Donald Trump is determined to add another 50 points to its tariffs on the country’s imports from China. Together with previous and current […] Read more
U.S. livestock: Tariff machinations weigh on values
Live and fed cattle futures on the Chicago Mercantile Exchange were weaker on Monday, continuing the downtrend that started with United States reciprocal tariffs and China’s retaliatory measures.
U.S. livestock: Prices down as China strikes back
Live and fed cattle futures on the Chicago Mercantile Exchange continued lower on Friday, as retaliatory trade action by China pressured the United States markets. China announced it will impose a 34 per cent levy on its imports from the U.S. beginning April 10.