Reading Time: 2 minutes Prague | Reuters –– The Czech Republic has an unusual problem this winter with its wild boar meat, a local delicacy. The boars are radioactive. Actually, it’s not the boars themselves, but what they’re eating. A cold and snowy winter is forcing them to feed on false truffles, an underground mushroom common in the Sumava […] Read more
Wild boars roam Czech forests, some of them radioactive
Maple Leaf Foods allows McCain to boost stake
Reading Time: 2 minutes Reuters — Canadian meat processor Maple Leaf Foods reported a smaller-than-expected profit on Wednesday and also said it would allow its biggest shareholder to take a bigger stake in the company. The company said CEO Michael McCain and an affiliated company, McCain Capital Inc., could now bump up their stake to as much as 45 […] Read more
Pizza chains expand antibiotic-free meat market
Reading Time: 2 minutes Canadian pizza chains Pizza Nova and Pizza Pizza are both staking out further space in the chain dining market for meats from livestock raised without antibiotics. Toronto-based Pizza Pizza on Jan. 23 announced it would source all chicken products on its menu from birds raised without the use of antibiotics, effective immediately. The company’s pledge […] Read more
Hog market improving with solid exports
Reading Time: 2 minutes CNS Canada — Strong U.S. exports and declining cold-storage numbers have helped push hog prices on Canada’s Prairies to better levels than a few months back. According to the latest information compiled by Saskatchewan Agriculture, the U.S. exported 173,770 tonnes of pork in November 2016, up 13.5 per cent from 153,051 in October 2016, and […] Read more
U.S. livestock: Cattle, hog futures mixed on end-of-year positioning
Reading Time: 2 minutes Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. Despite the recent rally, cattle […] Read more
Fat herds, leaner profits: For China’s pig farmers, New Year feasts bring cold comfort
Reading Time: 2 minutes Beijing/Reuters – With China’s Lunar New Year festivities fast approaching, pig farmers in the world’s biggest pork market have little to cheer. As they fatten herds to meet peak demand, a slump in retail prices and a spike in feed costs are grinding up profits. A wave of imports has squeezed pork retail prices 10 […] Read more
Hog sector optimistic heading into New Year
Reading Time: 2 minutes CNS Canada –– A rally in U.S. hog futures over the past few weeks is also being felt in the Canadian industry, which has brought some optimism to the sector heading into the New Year. “The isoweans are stronger, which tells us that there is greater demand in the U.S. going into the spring and […] Read more
Olymel buys Alberta hog farming operation
Reading Time: 2 minutes Pork and poultry processor Olymel has tightened the links in the hog supply chain for its Alberta pork plant by buying supplier Pinnacle Farms. Olymel, the meat packing arm of Quebec’s La Coop federee, announced Friday it has bought Standard, Alta.-based Pinnacle, including all its hog inventory, for an undisclosed sum. The company’s 30 employees […] Read more
Argentina pledges access for Canadian pork
Reading Time: 2 minutes Canada and Argentina are in late-stage talks that would see Canadian pork exporters regain access to that South American market. Following a meeting between Argentina’s President Mauricio Macri and Canada’s Prime Minister Justin Trudeau, the federal government last Friday said the two countries have “acknowledged the necessary steps to complete the process to allow for […] Read more
Smithfield Foods to buy Farmer John from Hormel
Reading Time: < 1 minute Reuters — Smithfield Foods said it would buy parent of the Farmer John and Saag’s Specialty Meats brands, and farm operations in three U.S. states from Hormel Foods for US$145 million in cash. Smithfield will buy Clougherty Packing as well as hog farm operations under PFFJ, or Pigs for Farmer John, in California, Arizona and […] Read more