Reading Time: < 1 minute Hanoi | Reuters — Vietnam’s pork imports during the first 11 months of this year more than doubled to 110,000 tonnes, the ministry of finance said on Thursday, as the country’s pig herd has been battered by an outbreak of African swine fever. Since the disease was first detected in February, it has spread to […] Read more
Vietnam’s pork imports more than double amid swine fever outbreak
Farmers hit by trade disputes should be helped faster, Trudeau says
Reading Time: 2 minutes Ottawa | Reuters — Canada’s agriculture department should move more quickly to help farmers harmed by protectionist measures imposed by other nations, Prime Minister Justin Trudeau said Friday. Canadian farmers are caught up in a trade and diplomatic dispute between Ottawa and Beijing. In a formal letter of instruction to Agriculture Minister Marie-Claude Bibeau, Trudeau […] Read more
Strong foreign demand boosts North American hog markets
Reading Time: < 1 minute MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon. […] Read more
Vietnam considers CPTPP-level tariff cuts on U.S. ag products
Reading Time: 2 minutes Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more
U.S. livestock: Hog futures fall after weak export sales report
Reading Time: < 1 minute Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more
U.S. livestock: CME lean hogs recover from two-month low
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures ended higher on Friday in a turnaround from a decline earlier in the session to their lowest price since early September. Prices bounced back as pork producers are hoping that China will ramp up buying from the U.S. as it grapples with a fatal pig disease, African […] Read more
F. Menard’s pork industry assets cleared for sale
Reading Time: 2 minutes Antitrust regulators have cleared the path for La Coop federee to take up a significantly larger, vertically integrated share of its home province’s pork packing, feed milling and hog production sectors. The agribusiness co-operative announced Thursday its Olymel and Sollio Agriculture arms have “received the green light” from the federal Competition Bureau to buy the […] Read more
U.S. livestock: Hogs drop on large supply, trade war jitters
Reading Time: 2 minutes Chicago | Reuters –– U.S. livestock futures dropped on Wednesday, with lean hogs stumbling under pressure from large supplies in a turnaround from a rally a session earlier. Fresh uncertainty over U.S.-China trade relations added pressure to the hog market, analysts said. Traders and meat producers are hoping for further U.S. pork sales to China, […] Read more
Brazil gets approval for 13 meatpacking plants for China exports
Reading Time: 2 minutes Sao Paulo | Brazil | Reuters – Chinese authorities approved new Brazilian meat exporting plants on Tuesday, according to the Brazilian agriculture ministry, a highly anticipated move as the two nations continue to strengthen trade ties. The approvals come as China seeks to increase meat imports to compensate for the death of around half of […] Read more
China reshapes global meat markets as swine fever rages
Reading Time: 4 minutes London | Beijing | Reuters – China is scouring the world for meat to replace the millions of pigs killed by African swine fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken. The European Union, the world’s second largest pork producer […] Read more
A message from April Stewart, Country Guide's Associate Editor
