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Pork

File photo of a truck and stock trailer on a Canadian roadway. (Ben185/iStock/Getty Images)
Hogs, Livestock, Machinery

Animal welfare activist dies outside Ontario pork plant

Protestor reportedly hit by transport truck

By
Reading Time: 2 minutes An animal welfare activist has died while attending what’s been described as a “vigil” outside a southern Ontario hog packing plant, as new provincial limits on such activity around livestock are set to take effect. Halton Regional Police Service reported receiving a call Friday morning that a person had been “struck by a transport truck” […] Read more
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures drop ahead of USDA data

Cattle on Feed report could be bearish Monday

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Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared […] Read more
A customer shops at a pork meat hall at the Yuegezhuang wholesale market in Beijing on June 17, 2020. (Photo: Reuters/Tingshu Wang)
General, Markets, Reuters

Food exporters to China asked to declare produce coronavirus-free

Declaration puts onus on exporters for product safety

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Reading Time: 2 minutes Beijing | Reuters — China’s customs authority has asked food exporters to the country to sign a declaration their produce is not contaminated by the novel coronavirus, three people who received a letter said on Friday. The declaration, seen by Reuters, may be an effort by China to reduce the additional testing it has carried […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures, beef prices decline

Lean hogs up amid technical buying

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Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an estimated 120,000 cattle on Thursday, […] Read more
(Dragos Cojocari/iStock/Getty Images)
Hogs, Livestock, Markets

Hog sector hit hard by pandemic

Market weakness seen likely to push some farmers out of business

By
Reading Time: 2 minutes MarketsFarm — COVID-19 has hit the hog sector hard, with the double-edged sword of large supplies and reduced demand weighing heavily on the market. “The prospect of profitability at current forward prices and at current cash prices is nil… and there’s really no prospect of making anything this year,” said Tyler Fulton, director of risk […] Read more
CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more
Jean Rousselle. (Video screengrab from Assnat.qc.ca)
General

Quebec Liberals name new agriculture critic

New leader names former Laval police officer to handle ag file

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Reading Time: < 1 minute Quebec’s official opposition Liberals have shuffled their shadow cabinet and moved their labour critic, a former police officer, to the agriculture portfolio. Dominique Anglade, who was named last month as the Liberals’ new leader, on Tuesday appointed Jean Rousselle, MNA for the Laval-area riding of Vimont, as the party’s critic for public safety and for […] Read more
CME July 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs down, cattle up on demand issues

Cash cattle values hint at increased demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures dipped on Tuesday, as questions continued to grow about whether pork export demand from China will surge and eat through massive domestic stockpiles, traders said. Meanwhile, cattle futures rose as the cash market showed hints of increased demand from packers hungry to supply grocery stores and restaurants […] Read more
File photo of Smithfield Foods’ pork plant at Sioux Falls, S.D. on April 16, 2020. (Photo: Reuters/Shannon Stapleton)
Livestock, Markets, Reuters

U.S. meatpacking workers often absent after plants ordered to reopen

"There's still so many risks"

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Reading Time: 4 minutes Chicago/Washington | Reuters — Smithfield Foods is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers’ union. Tyson Foods was forced to briefly close its Storm Lake, Iowa plant — a month […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures up as meat production grows

Live cattle up off last week's lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose on Monday, after plunging to their lowest price in more than a month last week, amid signs of meat production increasing — even as cash market prices continue to strain livestock producers’ profits. Chicago Mercantile Exchange August live cattle rose 0.675 cents, to 96 cents (all […] Read more

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