
Tag Archives u.s. pork

Packers win dismissal of U.S. pork price-fixing suits
Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more

U.S. livestock: Hog futures recover on hopes for China trade deal
Chicago | Reuters — U.S. hog futures shook off early losses to end mostly higher on Thursday as fears about rising acrimony between Washington and Beijing gave way to hopes that negotiators may be able to hammer out a deal to end the U.S.-China trade war. U.S. President Donald Trump said it was possible the […] Read more

U.S. pork, fruit producers brace for second wave of Chinese tariffs
Beijing/Chicago | Reuters — U.S. producers of pork, already saddled with duties enacted in an earlier round of the escalating trade dispute with China, are bracing for further pain after Beijing hit the products with additional tariffs due to come into effect next month. China implemented a 25 per cent duty on most U.S. pork […] Read more

U.S. livestock: CME hogs mostly lower on profit-taking, trade worries
Chicago | Reuters — Most Chicago Mercantile Exchange hog contracts ended lower on Thursday after profit-taking and uneasiness over U.S. trade with Mexico pared some of Wednesday’s gains, said traders. On Tuesday Mexico’s economy minister said that country will import more pork from Europe after placing a 20 per cent duty on U.S. pork in […] Read more

U.S. to export pork to Argentina after 26 years
Washington/Chicago | Reuters — U.S. pork exporters will soon be free to ship meat to Argentina for the first time in 26 years after the two countries thrashed out an agreement to overturn an Argentinian import ban. The deal is a sliver of good news for U.S. farmers facing trade tariffs and disruption to exports […] Read more

Tariffs raise tough questions for pork industry
CNS Canada — Representatives from the two largest pork-exporting states in the U.S. were in Winnipeg Thursday to take in the Manitoba Pork Council’s general meeting. The delegates, who hailed from Iowa and Minnesota, talked about the various challenges facing their industry. In 2017, over a quarter of the U.S. pork industry’s C$6.5 billion market […] Read more

U.S. livestock: More CME hog losses on China pork tariff hike
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday tumbled for a second straight day, dragged down by slumping cash hog prices and China’s additional 25 per cent tariff on U.S. pork imposed on Monday, said traders. The Chinese raised duties on pork, and more than 100 other U.S. products, after the U.S. […] Read more

U.S. livestock: CME hogs limit down on China pork tariff hike
Chicago | Reuters — Some deferred-month Chicago Mercantile Exchange lean hog futures settled down their three-cent-per-pound daily price limit on Monday after China raised tariffs on U.S. pork by another 25 per cent, said traders. Late on Sunday China announced higher duties on U.S. pork and over 100 other products that went into effect on […] Read more

U.S. pork to feel further chill from China tariff threat
Beijing/Chicago | Reuters — China’s threat of steep tariffs on U.S. pork imports knocked down U.S. hog futures prices and shares of producers on Friday, while increasing fears of hard times for farmers already facing weaker demand from the world’s top buyer of the meat. U.S. farmers have worried for months that rising trade tensions […] Read more

U.S. meat cases awash with Christmas hams at bargain
Chicago | Reuters –– Shoppers preparing to feast on ham for Christmas can do so without breaking their budget, thanks to record amounts of pork as the industry rebounds from a deadly pig virus, said analysts following the government’s monthly cold storage report on Tuesday. Christmas is the top-ranked holiday for eating ham, followed by […] Read more
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