Reading Time: 2 minutes Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more
U.S. livestock: Lean hog futures lower, live cattle follow suit
The look of leadership
Known for Sunterra’s bold, future-looking moves, what traits does Ray Price see in the farmers he thinks can up their game for the 2020s?
Reading Time: 9 minutes If Japan starts handing out honourary citizenships, you better believe Ray Price will be on their short list. Already, the Alberta-born farm boy has been to the Land of the Rising Sun more than 100 times representing Sunterra, the Price family’s storied, successful and diversified business. The Prices export a majority of their pork directly […] Read more
Thai CPF to acquire Canadian pork producer HyLife for $372 million
Reading Time: < 1 minute Bangkok | Reuters – Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held by its Japanese partner, Itochu […] Read more
China finds more cases of African swine fever on Hainan island
Reading Time: < 1 minute Beijing | Reuters – China has detected new cases of African swine fever in six farms across four locations in Hainan province, the agriculture ministry said on Sunday, adding to two earlier cases of the contagious disease identified in the province on Friday. The disease, which is fatal to pigs but harmless in humans, has […] Read more
China eyes U.S. poultry, pork imports in trade talks
Reading Time: 4 minutes Reuters — China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it is not willing to allow a prohibited growth drug used in roughly half the U.S. hog herd, two sources with knowledge of the negotiations said. […] Read more
World Pork Expo cancelled over swine fever fears
Reading Time: 2 minutes Chicago | Reuters — The U.S. pork industry canceled its annual convention on Wednesday over concerns that international attendees could bring in an incurable hog disease at a time when U.S. farmers are already suffering from trade wars. The decision to scrap the World Pork Expo, held by the National Pork Producers Council in Des […] Read more
Quebec books new PED outbreak
Reading Time: 2 minutes A weanling operation in Quebec’s Monteregie is home to the province’s first new case of porcine epidemic diarrhea (PED) in almost four years. The provincial agriculture ministry confirmed the new case Friday, marking Quebec’s first since May 2015 and its 17th since the disease first appeared in the province in February 2014. The Monteregie, the […] Read more
China’s pork imports seen doubling in 2019 on swine fever impact
Reading Time: 2 minutes Wuzhen, China | Reuters — China’s 2019 pork imports are set to double from last year to two million tonnes, a Rabobank analyst said on Thursday, as African swine fever hits production of the meat in the world’s top hog market. China has reported 113 outbreaks of the contagious disease since last August, though farmers […] Read more
Swine fever in China poses risks, rewards for Canadian pork
Reading Time: 2 minutes MarketsFarm — Sharp losses in China’s hog herd due to African swine fever (ASF) are underpinning the North American pork market and could create export opportunities for Canada — if this country manages to stay disease-free. ASF does not affect humans, but the highly viral disease is nearly 100 per cent fatal for hogs with […] Read more
Piles of pigs: Swine fever outbreaks go unreported in rural China
Reading Time: 6 minutes Baoding, China | Reuters — When pigs on the Xinda Husbandry breeding farm in northern China began dying in growing numbers in early January, it looked increasingly likely that the farm had been struck by the much feared African swine fever, an incurable disease that has spread rapidly across the country since last year. But […] Read more
A message from April Stewart, Country Guide's Associate Editor
