Pork Archives - Page 17 of 150

Issues loom over hog farmers as they gather in Des Moines

Prop 12, bird flu, farm bill top of mind at this year's World Pork Expo

By Ed White June 5, 2024

Reading Time: < 1 minute North America's hog industry is grappling with multiple issues these days, but is presently feeling better than some of the other livestock industries. That doesn't mean that everything's great, but not yet having to deal with avian flu infections is keeping hog farmers in a cautiously optimistic mood about their challenges.

Livestock, News

Canadian pork sector receives $9.6 million to prepare for African swine fever

By Kristy Nudds May 17, 2024

Reading Time: 2 minutes The federal government has earmarked more than $9.6 million to help the Canadian pork sector prevent and prepare for African swine fever (ASF).

Markets

Pork market strong despite weak U.S. futures

By Adam Peleshaty - MarketsFarm May 14, 2024

Reading Time: 2 minutes Fears over avian flu spreading to pigs in the United States and greater hog slaughter are causing lean hog prices at the Chicago Mercantile Exchange (CME) to fall to three-month lows, according to a livestock economist.

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures mixed, hog futures lower, amid demand questions

By P.J. Huffstutter May 6, 2024

Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange cattle futures ended Monday mixed, after conflicting market signals sent feeder cattle futures lower and nearby live cattle contracts slightly higher. Lean hog futures eased, as market participants wrestled with growing uncertainty over consumer demand for meat as the U.S. enters into the traditional summer grilling season. In […] Read more

(Sollio Co-operative Group video screengrab via YouTube)

News

Olymel to close Saint-Jean-sur-Richelieu poultry, pork plant

Meat packer announced improving financial outlook this year after losses, consolidation

By Geralyn Wichers April 30, 2024

Reading Time: < 1 minute Olymel's poultry and pork processing facility at Saint-Jean-sur-Richelieu, Quebec, will be shuttered this summer, the company announced earlier this month.

Photo: Orientfootage/iStock/Getty Images

General, Reuters

China pork output marks first quarterly decline in four years

By Mei Mei Chu, Reuters April 16, 2024

Reading Time: 2 minutes China's pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.

General, Markets

Food and beverage sales to fall in 2024; processor margins to improve

Stabilizing or declining input prices working their way through the supply chain, FCC says

By Geralyn Wichers April 12, 2024

Reading Time: 2 minutes Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.

File photo of a view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

General, Reuters

U.S. finalizes higher standard for ‘Product of USA’ meat label

Canadian meat sector concerned labeling could have chilling effect on exports to U.S.

By Leah Douglas, Reuters March 11, 2024

Reading Time: 2 minutes The administration of U.S. President Joe Biden on Monday finalized a rule requiring meat, poultry, or eggs labeled as a U.S. product to come from animals born, raised, slaughtered, and processed in the country.

General, Livestock, Reuters

Tyson Foods to close Iowa pork plant with 1,200 workers

Packer's pork business saw loss of $128 million in last fiscal year

By Reuters, Tom Polansek March 11, 2024

Reading Time: 2 minutes Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers.

Pascal Houle, Chief Executive Officer of Sollio Cooperative Group at its 2024 annual general meeting. (CNW Group/Sollio Cooperative Group)

General, Livestock

Olymel parent company posts profit after plant closures

The company closed plants in Ontario, Quebec, and slowed production in the west in 2023

By Geralyn Wichers March 4, 2024

Reading Time: 2 minutes Sollio Cooperative Group, parent company of meat processor Olymel, says it’s back in the black after a period of losses led to closures and cut-backs.

Daily Network News

Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

Agriculture groups welcome seed, fertilizer approval bill

AAFC projects tighter canola stocks for 2026-27

Pork