GFM Network News


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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

A worker checks the temperature of a passenger arriving into Hong Kong International Airport with an infrared thermometer on Feb. 7, 2020. (Photo: Reuters/Hannah McKay)

Coronavirus disrupts China meat imports, food supplies

Swine fever has created pork shortage

Chicago | Reuters — Coronavirus is disrupting meat shipments to China as the country faces a shortage due to an outbreak of a fatal pig disease, Tyson Foods Inc and U.S. agricultural groups said on Thursday. An outbreak of African swine fever, which infects only pigs, has decimated China’s herd, pushing Chinese pork prices to […] Read more



A macrophage (immune response) cell in early stages of infection with African swine fever virus, magnified about 1,000x. (Keith Weller photo courtesy ARS/USDA)

VIDO-InterVac joins swine fever fight

The University of Saskatchewan’s vaccine research and development arm is set to become Canada’s first non-government agency to work with the African swine fever virus. Saskatoon-based Vaccine and Infectious Disease Organization-International Vaccine Centre (VIDO-InterVac) will start work with the virus this month at its Containment Level 3-Agriculture (CL3-Ag) facility, the Canadian Food Inspection Agency said […] Read more








Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Louis Dreyfus expects tough year on trade war, swine fever

Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the rest of the year after pushing down first-half profit. The interim results reversed a rebound in group profits in the second half of last year […] Read more

(Dave Bedard photo)

Cargill’s quarterly profit up on beef, egg demand

Chicago | Reuters — Global commodities trader Cargill reported a three per cent increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses. Cargill, the largest privately held U.S. company, said its adjusted operating earnings rose to $908 million in […] Read more