Reading Time: 2 minutes Reuters –– Chipotle Mexican Grill’s decision to suspend purchases from a pork producer that ran afoul of its animal welfare requirements could bolster its reputation with diners but threatens sales and profits this quarter, an analyst said Wednesday. The burrito chain’s move caused a supply shortfall that is hitting about one-third of its roughly 1,800 […] Read more
Chipotle’s pork plight could hurt Q1 results
U.S. livestock: Active fund selloff extends CME live cattle losses
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle fell for a seventh straight session on Wednesday as funds liquidated positions in association with their yearly rebalancing of commodities, traders said. Funds involved in CME’s livestock markets that follow the Standard + Poor’s Goldman Sachs Commodity Index (S+P GSCI) sold, or “rolled,” their February long […] Read more
Farrowing barn is Quebec’s ninth PED case
Reading Time: 2 minutes Animal health officials in Quebec’s Monteregie have confirmed three more hog operations with cases of porcine epidemic diarrhea (PED) since Friday. The province’s swine health team (EQSP) said Friday it had confirmed PED in hogs at a 2,700-head nursery operation at St-Aime, with an epidemiological link to the province’s sixth case at a nearby nursery […] Read more
U.S. livestock: CME live cattle tumble on more fund liquidation
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle posted heavy losses on Tuesday after funds kept selling February long contracts while simultaneously rolling them into back months, traders said. Funds involved in CME’s livestock markets that follow the Standard + Poor’s Goldman Sachs Commodity Index (S+P GSCI) shifted their February positions in a procedure […] Read more
China arrests over 110 people for selling contaminated pork
Reading Time: < 1 minute Shanghai | Reuters — China has arrested more than 110 people suspected of selling pork from pigs that died from disease, and confiscated more than 1,000 tonnes of contaminated pork in its latest crackdown on food safety violations. The ministry of public security said Sunday the people were part of a network made up of […] Read more
U.S. livestock: CME hogs slump to two-year low as funds roll positions
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs sank to a two-year bottom on Monday as funds kept selling February contracts and rolling their long positions into back months, traders said. Funds involved in CME’s livestock markets that follow the Standard + Poor’s Goldman Sachs Commodity Index (S+P GSCI) shifted their February positions in […] Read more
U.S. livestock: More fund sales drop CME live cattle limit-down
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby trading months closed down their three-cents-per-pound price limit on Friday, pressured by persistent fund liquidation as part of their yearly rebalancing of commodity allocations. Live cattle February and April closed at 160.6 cents and 159.425 cents, respectively (all figures US$). CME live cattle trading limits […] Read more
U.S. livestock: CME hogs near two-year low in active fund selloff
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Thursday sank to their lowest level since March 2013 on liquidation by funds as part of their annual rebalancing of commodity positions, traders said. Funds trading in CME’s lean hogs and live cattle markets simultaneously sold February long positions and bought back months in a […] Read more
Nursery barn Quebec’s sixth case of PED
Reading Time: < 1 minute Another nursery barn in Quebec’s Monteregie is the site of the province’s sixth case of porcine epidemic diarrhea in hogs, provincial officials said Thursday. The infections were confirmed Wednesday through lab tests on fecal samples from a 5,000-hog operation at St-Aime, about 30 km southeast of Sorel, Quebec’s provincial swine health team (EQSP) said in […] Read more
Two more Que. hog operations confirmed with PED
Reading Time: 2 minutes Two more hog operations in Quebec’s Monteregie — a nursery operation and a finishing barn — have been confirmed infected with porcine epidemic diarrhea (PED). Quebec’s provincial swine health team (EQSP) announced Wednesday that the two new cases — both in the St-Denis-sur-Richelieu area, about 25 km northwest of St-Hyacinthe — are “epidemiologically linked” to […] Read more
A message from April Stewart, Country Guide's Associate Editor
