Russian pork producers are aiming to capture ten per cent of China's pork import market in the coming years from a standing start, seeking to take advantage of trade tensions between the European Union and China, the world's biggest pork consumer.
Pork
Russian pork producers target EU’s share of China’s pork market
JBS posts profit as chicken and pigs make up for beef slump
Brazil's JBS SA, the world's largest meatpacker, said on Tuesday that divisions that process chicken and pigs lifted its results, including poultry unit Pilgrim's Pride, JBS USA Pork in the U.S., and Seara in Brazil.
U.S. livestock: CME cattle fall on rallying corn prices
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures turned lower on Monday as corn futures rallied following the U.S. Department of Agriculture’s supply and demand report that lowered corn ending stocks, traders said. Meanwhile, hog futures were mixed as bargain buying counterbalanced seasonal price pressure. CME most-active October feeder cattle FCU24 closed down 2.05 cents at […] Read more
U.S. livestock: Live cattle futures surge on cash market, GDP data
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures climbed on Thursday, as prices in the cash market rose and signs of strength appeared in the U.S. economy, market analysts said. At one point during the session, the most-active October live cattle futures contract LCV24 surged up to 189.050 cents per pound – the highest price […] Read more
China singles out Danish, Dutch, Spanish firms in anti-dumping probe
China on Thursday named Danish Crown A/S, as well as Dutch and Spanish pork firms as targets in an anti-dumping probe into European Union pork imports, as Beijing steps up pressure against the bloc's curbs on its electric vehicle exports.
Maple Leaf Foods plans to split into two independent public companies
Maple Leaf Foods is splitting into two independent public entities by spinning off its pork business, it said today.
Maple Leaf Foods will retain a 19.9 per cent ownership position in the newly formed pork company, the name of which will be announced in the coming months, the company said.
Swine genetics company Genesus in receivership
A receivership order filed June 12 in the Court of Kings Bench in Winnipeg has appointed BDO Canada Limited as receiver and manager for Genesus Inc., Genesus Genetics and Can-Am Genetics, Inc.
US to clarify enforcement of antitrust laws in meatpacking
Livestock farmers in the U.S. would have a clearer path to bringing antitrust complaints against meatpacking companies for unfair business practices under a rule proposed by the U.S. Department of Agriculture on Tuesday.
China may take provisional anti-dumping steps against EU pork imports
China has opened an investigation into EU pork and its by-products, a step that appears mainly aimed at Spain, the Netherlands and Denmark, after the bloc imposed anti-subsidy duties on Chinese-made electric vehicles.
Rival pork exporters could benefit from China-EU trade tensions
Pork suppliers from South America and the U.S. could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and analysts said.
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