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.
Tag Archives pork exports
Rival pork exporters could benefit from China-EU trade tensions
U.S. finalizes higher standard for ‘Product of USA’ meat label
Canadian meat sector concerned labeling could have chilling effect on exports to U.S.
The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.
US agriculture secretary sees ‘chaos’ in meat market without congressional action on Prop 12
Canadian sector worried state-specific regulations will cause severe complications for producers selling into U.S.
There will be chaos in the U.S. meat marketplace without congressional action on California's Prop 12 law that tightened animal welfare requirements for pork products sold in the state, Agriculture Secretary Tom Vilsack said during a congressional hearing on Wednesday.
Smaller U.S. swine herd likely as Prop 12 takes effect, think tank says
Canadian pork sector concerned the animal welfare law will act as a non-tariff trade barrier
The cost of compliance with a California animal welfare law, which takes full effect on New Year’s Day, will likely shrink the U.S. national hog herd and lead to further consolidation, a Washington State think tank says. “No one will be spared the change in market pressures,” wrote Pam Lewison, director for the Washington Policy […] Read more
U.S. Supreme Court upholds California’s pig confinement law
Dissent suggests 'substantial burden against interstate commerce'
Reuters — The U.S. Supreme Court on Thursday preserved a California law banning the sale of pork in America’s most-populous state from pigs kept in tightly confined spaces, rejecting an industry challenge claiming that the voter-backed animal welfare measure impermissibly regulates out-of-state farmers. The justices voted 5-4 to uphold a lower court’s dismissal of a […] Read more
Federal funding lined up for programs, planning against swine fever
Two-year package to go toward pork industry work
The federal government is putting up an eight-figure funding wall to help prevent African swine fever from ever reaching Canada’s hog farms — and to prepare against any breach. Agriculture Minister Marie-Claude Bibeau said Aug. 26 the government will provide up to $45.3 million toward a three-pronged effort to boost disease prevention and preparedness: pork […] Read more
North American hog markets wracked by coronavirus
MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more
Tyson bans ractopamine from its U.S. hog supply
Reuters — Tyson Foods in February will stop buying U.S. hogs raised with a growth drug banned by China, the company said on Thursday, as global meat suppliers seek an edge in boosting sales to Chinese buyers facing a huge pork shortage due to an outbreak of a fatal pig disease. The halt in the […] Read more
Federal government funding $6 million to Canada Pork International
Agriculture and Agri-Food Canada has announced $6 million will be invested in Canada Pork International (CPI) to focus on strengthening, diversifying and growing of Canada’s pork exports. It will help to boost the awareness of the industry in the priority international markets. Why it matters: A halt to exports to China has made finding other […] Read more
U.S. livestock: CME hogs rally on hopes for increased exports to China
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures charged higher on Wednesday, with the May contract surging 5.4 per cent, on hopes for a trade deal with China that would boost exports to the world’s largest consumer of pork. “U.S.-China trade talks restart in D.C. today and most accounts have those negotiations going […] Read more
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