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.
Pork
Rival pork exporters could benefit from China-EU trade tensions
U.S. livestock: CME hogs rally after contract lows; cattle futures jump
Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department of Agriculture priced the pork carcass cutout […] Read more
EU pork industry faces ‘nightmare’ if China restricts imports
Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc […] Read more
U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more
Issues loom over hog farmers as they gather in Des Moines
Prop 12, bird flu, farm bill top of mind at this year's World Pork Expo
North America's hog industry is grappling with multiple issues these days, but is presently feeling better than some of the other livestock industries. That doesn't mean that everything's great, but not yet having to deal with avian flu infections is keeping hog farmers in a cautiously optimistic mood about their challenges.
Canadian pork sector receives $9.6 million to prepare for African swine fever
The federal government has earmarked more than $9.6 million to help the Canadian pork sector prevent and prepare for African swine fever (ASF).
Pork market strong despite weak U.S. futures
Fears over avian flu spreading to pigs in the United States and greater hog slaughter are causing lean hog prices at the Chicago Mercantile Exchange (CME) to fall to three-month lows, according to a livestock economist.
U.S. livestock: CME cattle futures mixed, hog futures lower, amid demand questions
Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended Monday mixed, after conflicting market signals sent feeder cattle futures lower and nearby live cattle contracts slightly higher. Lean hog futures eased, as market participants wrestled with growing uncertainty over consumer demand for meat as the U.S. enters into the traditional summer grilling season. In […] Read more
Olymel to close Saint-Jean-sur-Richelieu poultry, pork plant
Meat packer announced improving financial outlook this year after losses, consolidation
Olymel's poultry and pork processing facility at Saint-Jean-sur-Richelieu, Quebec, will be shuttered this summer, the company announced earlier this month.
China pork output marks first quarterly decline in four years
China's pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.