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Pork

(Video screengrab from Conestoga Meats via YouTube)
Hogs, Livestock, Markets

Major Ontario pork packer expects to re-open Monday

Conestoga Meats went offline April 27

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The hog slaughter and processing plant billed as Ontario’s second-biggest pork producer expects to be back in business Monday after a week-long COVID-19-related shutdown. Conestoga Meats, based at Breslau, just east of Kitchener, notified hog farmers and shippers on Friday that it would suspend “most operations” during the week of April 27 to May 1, […] Read more
CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs mostly lower as packing-plant woes persist

Backlog concerns drag on cattle

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Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, setting back from a one-month high set a day earlier in the benchmark June contract as traders mulled the implications of a presidential order for U.S. meat packing plants to remain open, traders said. President Donald Trump on Tuesday ordered meat-processing plants […] Read more
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs pare gains as Trump plans order to keep meat plants open

Cattle up with wholesale beef prices

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Chicago | Reuters — U.S. lean hog futures hit a four-week peak on Tuesday on worries about tightening pork supplies as the coronavirus shutters meat processing plants, but the market pared gains on news that U.S. President Donald Trump plans to order such sites to stay open. June lean hog futures on the Chicago Mercantile […] Read more
Cemetery employees fill in the grave of JBS USA meat packing plant employee Saul Sanchez on April 15, 2020 at Greeley, Colorado, following his death from COVID-19. (Photo: Reuters/Jim Urquhart)
Livestock, Markets, Reuters

Trump orders U.S. meat processing plants to stay open

Advocates call for protective equipment for plant workers

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Washington/Chicago | Reuters — President Donald Trump on Tuesday ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With concerns about food shortages and supply chain disruptions, Trump issued an executive order […] Read more
Hog farmer Mike Patterson walks through one of his barns at Kenyon, Minnesota, about 70 km south of St. Paul, on April 23, 2020. (Photo: Reuters/Nicholas Pfosi)
Livestock, Markets, Reuters

Piglets aborted, chickens gassed as pandemic slams meat sector

"We have to have less hogs somehow"

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Chicago | Reuters — With the pandemic hobbling the meat-packing industry, Iowa farmer Al Van Beek had nowhere to ship his full-grown pigs to make room for the 7,500 piglets he expected from his breeding operation. The crisis forced a decision that still troubles him: He ordered his employees to give injections to the pregnant […] Read more
(Shadowinternet/E+/Getty Images)
Hogs, Livestock

Pork sector’s calls for aid heard, not yet answered

Federal government says it's examining "all options"

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Federal Agriculture Minister Marie-Claude Bibeau’s office said late last week the government is working “around the clock” to respond to the pandemic’s impact on farmers and agri-food businesses. But there was no commitment to the direct support Canadian pork industry officials say is now necessary to carry the sector through a crisis which has led […] Read more
CME June 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit up on fears of tightening supplies

Cattle up on rising beef packer margins

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Chicago | Reuters — U.S. lean hog futures rose their daily limit on Monday on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said. June lean hog futures on the Chicago Mercantile Exchange settled up the daily maximum of 3.75 cents at 55.275 cents/lb., the contract’s highest since […] Read more
(Deyana Robova photo/iStock/Getty Images)
Hogs, Livestock, Markets, Reuters

Smithfield to close Illinois pork facility

Workers test positive for COVID-19

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Reuters — World’s largest pork processor Smithfield Foods said Friday it will suspend operations at its Monmouth, Illinois pork processing facility next week after some employees tested positive for COVID-19, adding to already strained U.S. meat supplies. The news of some of the company’s 1,700 employees at the plant testing positive comes a day after […] Read more
CME June 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking, technical selling pressure hogs, live cattle

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Chicago | Reuters — U.S. hog and live cattle futures eased on Friday, with end-of-week profit-taking and technical selling pressuring the livestock markets, traders said. Strong consumer demand for pork underpinned the hog futures, which rose 17.4 per cent this week. “The pork product markets continue to scream higher and have begun to pull lean […] Read more

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