Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more
U.S. livestock: CME lean hogs firm as market-ready supplies remain soft
Dominican Republic to kill thousands of pigs over swine fever outbreak
Santo Domingo | Reuters – The Dominican Republic will slaughter tens of thousands of pigs after detecting outbreaks of African swine fever in 11 of the country’s 32 provinces, authorities said on Monday. Fernando Duran, administrator of the state-run Banco Agricola, told a news conference the government will pay pig farmers the market price of each animal […] Read more
U.S. livestock: Lean hogs end mixed as traders eye Dominican hog disease
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures closed mixed on Thursday as pressure from news of a deadly hog disease in the Dominican Republic offset support from strong export sales and firm cash hog prices, traders said. CME August lean hog futures settled up 0.600 cent at 106.300 cents per pound, while […] Read more
U.S. livestock: Profit-taking drags down CME livestock futures
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Tuesday after rising to their highest price in more than three weeks, while feeder cattle pulled back from contract highs on Monday. Lean hog futures also weakened as traders took money off the table after recent gains. Traders said profit-taking hit cattle markets […] Read more
U.S. livestock: CME live cattle top three-week high; feeder cattle set contract high
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures topped a three-week high on Monday on expectations that supplies will tighten in the coming months, while feeder cattle set a contract high, traders said. The U.S. Department of Agriculture, in a monthly report issued after the markets closed on Friday, said 1.67 million cattle were […] Read more
German hog market shrugs off swine fever discovery on farms
Hamburg | Reuters — German pig prices were unchanged this week despite the discovery of the disease African swine fever in farm animals, German animal farmers’ association VEZG said on Wednesday. German pig prices were the same as last week at 1.42 euros (C$2.10) per kilogram slaughter weight, the VEZG said. A third case of […] Read more
Olymel strike talks delayed to mid-month, union says
Quebec hog plant's workers on strike since late April
A two-months-and-counting strike at a major Quebec hog slaughter and processing plant is expected to continue through to mid-July at the earliest due to scheduling issues, the workers’ union says. The Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN — which represents over 1,000 striking workers at Olymel’s plant Vallee-Jonction, about 60 km southeast of Quebec City — […] Read more
Maple Leaf to buy four Saskatchewan hog barns
Pork processor plans future upgrades
Two sow barns and two nursery hog barns in central Saskatchewan are set to become the property of meat processor Maple Leaf Foods. Toronto-based Maple Leaf announced Wednesday it plans to buy the four barns from Polar Pork, a group of farms spearheaded by members of the Possberg family — well known as the founding […] Read more
Another swine flu variant case appears in Manitoba
Variant of H3N2 confirmed in southern Manitoba resident
A single and apparently isolated case of another influenza variant normally seen in hogs has turned up in a Manitoba resident, the province announced Monday. Manitoba Public Health on Monday said the H3N2 influenza variant (H3N2v) seen in this case is related to flu viruses that circulate in pigs, noting that while such viruses don’t […] Read more
Olymel gets home province’s backing for plant upgrades
Quebec to invest $150 million in packer
Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises quebecois (FCEQ) plus $76 million […] Read more
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