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U.S. livestock: Lean hog futures lower, live cattle follow suit

Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more

CPF’s purchase of HyLife aims to improve its product portfolio for the Chinese market and expand its U.S. presence.  Photo: Thinkstock

Thai CPF to acquire Canadian pork producer HyLife for $372 million

Bangkok | Reuters – Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held by its Japanese partner, Itochu […] Read more






(Oneilcarlier.albertandp.ca)

Alberta ag minister Carlier downed in UCP win

Alberta’s incumbent agriculture minister was among the casualties as Jason Kenney’s United Conservative Party defeated Rachel Notley’s New Democrats in Tuesday night’s provincial election. Oneil Carlier, the provincial NDP government’s minister of agriculture and forestry since May 2015 and deputy government house leader since February 2016, was unseated in his riding of Lac Ste. Anne-Parkland […] Read more