GFM Network News



China cancels U.S. pork import order as trade war drags on

Chicago | Reuters — The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 tonnes of U.S. pork — the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday. The cancellation came during the week ended […] Read more


New Trump aid plan for U.S. farmers to rely on direct payments

Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more

While it’s been about two months since the last case of PED was detected, the bad news is that officials haven’t determined how the disease entered the province.

PED mystery unsolved, but outbreak may have ended

Officials hopeful there will be no new cases of deadly hog virus

Alberta’s lead veterinarians are cautiously optimistic the spread of a deadly hog virus has slowed — or maybe even stopped entirely. “It’s now been eight weeks since our last case of porcine epidemic diarrhea virus (PEDv), and we’re ever hopeful that we will not be getting any more cases for the next while,” said Dr. […] Read more


Label problem caused China’s suspension of two pork shippers

Winnipeg/Ottawa | Reuters — China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved. China’s action against two Canadian pork companies, announced by Agriculture Minister Marie-Claude Bibeau on Wednesday, widened a diplomatic rift between the countries. On Thursday, […] Read more

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


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