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Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)
Beef Cattle, Hogs, Livestock, Reuters

Canada says bogus certificates being used to smuggle meat into China

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Reading Time: 2 minutes Ottawa | Reuters — Unknown actors are using bogus certificates to smuggle Canadian meat into China, Trade Minister Jim Carr said on Wednesday, a day after Beijing halted beef and pork imports citing falsified paperwork. China, which has already blocked imports of Canadian canola seed and product from three pork plants, said on Tuesday it […] Read more
File photo of cattle on Prince Edward Island. (COSPV/iStock/Getty Images)
Beef Cattle, Dairy Cattle, Livestock

P.E.I. to manage deadstock removal

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Reading Time: < 1 minute Prince Edward Island’s latest provincial operating budget calls for its agriculture and land department to directly manage removal of deadstock for dairy and beef cattle producers. Finance Minister Darlene Compton’s 2019-20 operating budget, presented Tuesday, said the province will take over management of the deadstock contract “to reduce the administrative burden placed on the dairy […] Read more
(Yokeetod/iStock/Getty Images)
Livestock, Poultry/Eggs, Reuters

U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals

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Reading Time: < 1 minute Reuters — The U.S. Department of Justice has begun a criminal probe into allegations that Tyson Foods and other poultry processors including Pilgrim’s Pride and Sanderson Farms colluded to fix poultry prices, court documents show. The DOJ filed a motion to intervene and stay discovery of evidence in an antitrust lawsuit involving the companies and […] Read more
CME August 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures limit down on supply glut

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Reading Time: 2 minutes Chicago | Reuters — Hefty supplies of American pigs pushed Chicago Mercantile Exchange (CME) lean hog futures down by the daily exchange-imposed limit on Friday. Prices tumbled as the U.S. Department of Agriculture reported that meat companies such as Tyson Foods and JBS USA slaughtered 462,000 hogs, up nine per cent from a year earlier. […] Read more
CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs up on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Wednesday in light bargain-buying after last week’s slide to three-month lows, but soft cash markets and ample hog supplies hung over the market and limited rallies, traders said. CME July lean hog futures settled up 0.15 cent at 81.625 cents/lb. and […] Read more

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