Chicago | Reuters — U.S. live cattle futures closed firm on Monday, rallying after a sharply lower open as strong packer margins raised expectations for higher cash cattle trade this week, analysts said. Average beef packer margins rose to $320.18 per head, from $313.25 on Friday, according to livestock marketing advisory service HedgersEdge.com (all figures […] Read more
U.S. livestock: Cattle futures up on cash market optimism
Wholesale pork values support October hogs
Canada not benefiting from CETA, Bibeau says
Ex-premiers write to Ottawa with critique of EU's continued trade barriers
Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new agri-food exports, the free trade deal has fallen short of those targets since its implementation in 2017. In a letter Monday to Prime Minister Justin […] Read more
U.S. grains: Corn up as hog futures soar
Soybeans down on profit-taking
Chicago | Reuters — U.S. corn futures climbed to their highest in five months on Thursday as news of a swine disease in Germany fueled expectations of increased demand for U.S. pork and feed grains, traders said. Firm cash markets for corn ahead of the start of the U.S. Midwest harvest added support, along with […] Read more
Swine fever found in Germany putting pork exports at risk
Country had been fencing off borders against wild boar
Berlin/Hamburg | Reuters — Germany confirmed on Thursday that African swine fever (ASF) had been found in a dead wild boar near its border with Poland, threatening pork exports to China from Europe’s biggest pork producer, which were worth US$1.2 billion last year. Authorities in the German state of Brandenburg quarantined a 15-km area around […] Read more
African swine fever: The other virus that is changing the world order
A third of global pork production has been vaporized, and the effects are being felt worldwide
Reading Time: 3 minutes There’s another virus that has been upending the world order in ways that no one ever could have predicted, although it’s mostly flying under the radar. “Right now, 75 per cent of the world’s hogs are threatened, and a third of the global swine herd just vanished last year,” Brett Stuart of Global AgriTrends said […] Read more
Germany reports first suspected case of African swine fever
German producers currently exporting pork to China
Berlin | Reuters — Germany’s ministry of food and agriculture said on Wednesday it had a suspected case of African swine fever (ASF) in a wild boar in the eastern state of Brandenburg. The suspected case concerned a wild boar carcass found near the German-Polish border. A sample of the carcass was being taken for […] Read more
Battered pork sector proposes ‘simple solution’ to trigger aid
Upping the payout from AgriStability would throw a lifeline to hog producers facing ruin, says pork council
Reading Time: 3 minutes With pork producers fighting to stay afloat but government unwilling to step in, industry leaders have come up with a new pitch: Instead of making it easier to get assistance, have AgriStability pay out more when things are really bad. In a recent letter to the country’s ag ministers, Canadian Pork Council chair Rick Bergmann […] Read more
Hog farmers face prolonged pain as pandemic gives way to glut
Canadian Pork Council takes new tack on AgriStability reform
Winnipeg | Reuters — North America’s hog farmers face prolonged pain beyond the COVID-19 pandemic that has interrupted packing plants , as a pig glut in the U.S. holds prices low and pressures producers to downsize. Many North American hogs had nowhere to go in spring as slaughter plants suspended production due to workers becoming […] Read more
Olymel’s Red Deer plant holds at one COVID case
Pork plant employee's contacts returning to work
A production line employee at Olymel’s hog slaughter plant at Red Deer, Alta. remains the facility’s lone COVID-19 case after her contacts at the plant tested negative for the virus, the company says. Olymel, the meat packing arm of Quebec ag co-operative Sollio, confirmed the lone COVID-19 case at its Red Deer site on Aug. […] Read more
Brandon pork plant’s exports to China suspended
Chinese protocols call for temporary pause, Maple Leaf says
New Chinese rules for exporters and a number of COVID-19 cases among its workers have led Maple Leaf Foods to temporarily halt pork traffic to China from its biggest hog plant. The company said Tuesday it has “temporarily suspended pork exports to China on a voluntary basis due to recent protocols adopted by the Chinese […] Read more
Cyber-Savvy Farmer
