Chicago | Reuters — Tyson Foods plans to find other export markets for its pork products after a recent delivery to China triggered an export ban of half its U.S. hog slaughterhouses, the company told Reuters Friday. The U.S. Agriculture Department announced earlier this week that China was barring future pork imports from six U.S […] Read more
Tyson looks for other pork export markets after China ban
U.S. livestock: Short-covering extends CME live cattle gains
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher for a second straight session on Friday, with gains fuelled by short-covering following deep market losses earlier in the week, traders said. August live cattle ended 0.6 cent per pound higher at 150.6, and October was up 0.4 cent at 147.75 cents (all […] Read more
U.S. livestock: CME live cattle jump on short-covering
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed higher on Thursday on short-covering following recent heavy market losses, traders said. August live cattle ended 1.775 cents per pound higher at 150 cents, and October up 0.8 cent to 147.35 cents (all figures US$). CME live cattle chopped around during most of the […] Read more
Ex-CFIA doc pleads guilty over stray brucellosis
Canada’s first chance to prosecute a breach of its laws against traffic in dangerous pathogens has ended in a guilty plea from a previously well-regarded researcher over stray vials of brucellosis-causing bacteria. Dr. Klaus Nielsen, who had worked at the Canadian Food Inspection Agency’s Fallowfield lab southwest of Ottawa, was first arrested in October 2012 on […] Read more
U.S. livestock: CME live cattle close lower with beef prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted losses on Wednesday after packers cut the cost of beef at wholesale markets to stir retail buying ahead of the Labour Day holiday, traders said. August live cattle ended 1.4 cents per pound lower at 148.225, and October closed down 1.125 cents at 146.55 […] Read more
China halts some U.S. pork imports over feed additive use
Chicago | Reuters –– China has barred pork imports from six U.S processing plants and six cold storage facilities effective on Wednesday to enforce its ban on the use of a feed additive that promotes lean muscle growth, the U.S. Department of Agriculture said Tuesday. China currently requires third-party verification that U.S. pork shipped to […] Read more
U.S. livestock: CME live cattle fall sharply with initial cash prices
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished down sharply on Tuesday, pressured by preliminary sales of slaughter-ready or cash cattle at lower prices, traders said. August ended down the three-cents-per-pound daily price limit at 149.625 cents (all figures US$). October finished 2.775 cents lower, at 147.675 cents. On Tuesday morning, a […] Read more
Russia’s sanctions no surprise for pork industry
CNS Canada — Russian sanctions implemented last week halting food imports from the U.S., Canada and the European Union have jarred Canada’s pork industry, which exports a large amount of product to Russia annually. “It’s quite a significant impact in terms of the disruption it creates,” said Martin Rice, executive director at the Canadian Pork […] Read more
U.S. livestock: CME live cattle turn higher on short-covering
Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures on Monday closed higher on short-covering after last week’s heavy losses, traders said. August ended up 0.075 cent per pound at 152.625 cents, October 0.45 higher at 150.45 and December one cent higher at 151.25 cents (all figures US$). Futures made headway after settling […] Read more
Olymel seeking other markets for Russia-bound pork
Canadian meat packer Olymel plans to seek other buyers for pork which, until Thursday, was destined for the now-closed Russian market. Olymel, the meat processing arm of Quebec’s Coop Federee, produced frozen pork for export to Russia at its plants at Red Deer, Alta. and Vallee-Jonction, Que. Russia had been the second-largest pork market for […] Read more
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