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(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Tariffs raise tough questions for pork industry

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Reading Time: 2 minutes 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
Attendees at the 2017 Food and Hotel China trade show watch USMEF chefs prepare U.S. beef and pork. (USMEF.org)
Beef Cattle, Hogs, Livestock, Reuters

U.S. meat groups fear for market growth with China beef tariff hike

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Reading Time: 2 minutes Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained hopeful the dispute could be resolved quickly. China listed U.S. goods from soybeans to beef that could potentially incur a 25 per cent import tariff […] Read more
(USDA.gov via Flickr)
Hogs, Livestock, Markets, Reuters

U.S. March hog herd hits record high

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Reading Time: 2 minutes Chicago | Reuters — The number of hogs on U.S. farms in the December-February quarter was up 3.1 per cent from the same period a year ago, a record high for the quarter, according to Thursday’s U.S. Department of Agriculture (USDA) report. Farmers added extra pigs, encouraged by less-costly feed during that period and the […] Read more
A crenellated walkway on top of the Great Wall of China. (Cia.gov)
Hogs, Livestock, Reuters

U.S. pork to feel further chill from China tariff threat

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Reading Time: 2 minutes 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
(iStock photo)
Hogs, Livestock, Markets

Pork exports key in 2018 as U.S. slaughter ramps up

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Reading Time: 2 minutes CNS Canada –– Canadian pork producers should see higher returns for their product in the spring of 2018, but whether those prices last may determine how successful Canada is at tapping new markets. According to U.S. Department of Agriculture supply estimates, weekly U.S. hog slaughter numbers over the past two months have averaged 2.369 million […] Read more
File photo
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle drop daily limit on lower cash market sales

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell sharply on Friday and hit daily trading limits on weaker cash market prices and easing concerns that frigid weather in feedlot areas could disrupt marketings. Fund selling, or “rolling,” of lead-month positions into deferred months ahead of similar moves early next week added pressure. […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle dip on mild Plains outlook, East Coast snow

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures turned lower on Thursday in a technical selling and profit-taking setback and on concerns of a slowdown in beef demand in the storm-hit eastern United States, traders said. A winter storm continued its march up the U.S. East Coast on Thursday, with blizzard warnings from […] Read more
(iStock photo)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hogs turn up on cash, wholesale pork prices

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange lean hogs finished higher on Wednesday after stronger cash and wholesale pork prices pared some of Tuesday’s losses, said traders. Funds periodically sold, or “rolled,” lead-month positions into deferred months ahead of similar moves early next week. Monday will be the first of five days that funds in […] Read more
File photo
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle rally on higher cash, beef prices

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rallied about 1.5 percent on Tuesday on fund buying and stronger cash cattle and beef prices, traders said. Frigid temperatures in U.S. Plains cattle producing areas also supported futures as such weather could slow down cattle weight gains, making them less available to packers. Actively […] Read more
Taste-testing during a Canadian Beef Advantage Seminar in Shanghai in 2013. (Canada Beef via YouTube)
Beef Cattle, Hogs, Livestock, Markets

China to accept Canadian chilled beef, pork in pilot project

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Reading Time: 2 minutes Exporters of Canadian beef and pork are set to get expanded access to the “massive” Chinese market through a new bilateral pilot project. Prime Minister Justin Trudeau and Chinese Premier Li Keqiang on Monday announced a series of joint initiatives and agreements in several fields including “a pilot project for the export of Canadian chilled […] Read more

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