Reading Time: 4 minutes Some sort of fraud or more payback from China? That’s the question facing Canadian pork and beef producers after Beijing banned their products last month. As was the case with canola seed, the official Chinese explanation is that it halted imports because of contamination issues — “pests” in canola and the growth promotant ractopamine in […] Read more
Livestock sector suspicious of China ban but hopeful
Politics, not fraud, may be behind latest Chinese ban of our exports but officials hopeful it can be resolved
U.S. livestock: Futures rally on choppy grains, hopes for Chinese buying spree
Chicago | Reuters – Chicago Mercantile Exchange (CME) live hog futures rallied on Tuesday, as competition among packers for spot delivery grew and animal weights slipped after the recent U.S. heat wave, traders said. Live cattle futures also inched up, supported in part by choppy trading in U.S. grain futures and growing questions of whether […] Read more
China June pork imports surge more than 62 per cent from previous year
Beijing | Reuters – China’s pork imports in June surged from the previous year, customs data showed on Tuesday, as the world’s top consumer of the meat stocked up on supplies after African swine fever has decimated domestic pig herds. China brought in 160,467 tonnes of pork in June, up 62.8 per cent from the […] Read more
U.S. livestock: Cattle futures rally on corn futures slump
Chicago | Reuters – Chicago Mercantile Exchange (CME) feeder cattle futures inched upward on Monday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. Meanwhile, lean hog futures faced choppy trading on Monday as the market wrestles with continued expectations for – but no clear signs yet […] Read more
China can’t ban hope — pork sector is eyeing a great year
The supply-and-demand calculus is clear: Demand is high, supply is low, and those selling pork will find buyers
Reading Time: 3 minutes International pork markets are in disarray, but the prospects are good for pork producers here — even after Beijing’s new ban on Canadian pork exports. China had been a hot market for Canadian pork this year, with its purchases jumping by more than half in the first four months and moving the nation ahead of […] Read more
Cargill shuts China feed mills as swine fever spreads
Chicago | Reuters — Cargill shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said Friday. The closures highlight the pain for global agriculture companies from the outbreak of African swine fever in China, the world’s top hog producer and […] Read more
Olymel, Sollio to take up F. Menard pork, feed businesses
The meat packing and ag input retail arms of Quebec’s La Coop federee are about to take a much longer reach in their home province. The agrifood co-operative announced Tuesday its Olymel and Sollio Agriculture businesses have an agreement in place to buy the hog breeding, pork slaughter and packing, grain sourcing and feed milling […] Read more
U.S. livestock: CME lean hogs down on ample supplies
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed lower on Monday for a third straight session as plentiful U.S. hog and pork supplies continued to weigh on the market, analysts said. CME’s most-active August lean hogs contract ended down 0.975 cent at 76.075 cents/lb. after dipping to 75.575 cents, its lowest […] Read more
PigTrace tag price going up
Hog producers will have to pay more for traceability in the near future. Canada’s PigTrace program will be raising ear tag prices as of Aug. 1. Prices will go up 20 cents for every small ear tag and 35 cents for every large ear tag, a release from the Manitoba Pork Council said. The Manitoba […] Read more
Canada, EU agree to swine fever zoning rules
Canada and Europe have agreed to new zoning arrangements in a case of African swine fever outbreak, but it’s not clear what will actually change. The agreement, which Agriculture Minister Marie-Claude Bibeau announced Wednesday. would allow for safe trade of swine products from disease-free zones if a case of ASF is found. Zoning principles applying […] Read more
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