GFM Network News


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

Fat herds, leaner profits: For China’s pig farmers, New Year feasts bring cold comfort

Beijing/Reuters – With China’s Lunar New Year festivities fast approaching, pig farmers in the world’s biggest pork market have little to cheer. As they fatten herds to meet peak demand, a slump in retail prices and a spike in feed costs are grinding up profits. A wave of imports has squeezed pork retail prices 10 […] Read more