Reading Time: 2 minutes Winnipeg | Reuters — Canada is whittling down its list of U.S. products that it may hit with steep tariffs in retaliation against contentious meat-labeling laws, Agriculture Minister Gerry Ritz said on Tuesday. The Canadian government is likely to target beef, pork, California wines, mattresses, cherries and office furniture, possibly along with other goods, from […] Read more
Canada preparing shorter list of tariff targets in COOL fight
West Coast port impasse beefs up U.S. meat stockpile
Reading Time: 2 minutes Chicago | Reuters — U.S. meat exporters caught in the middle of the West Coast port labour standoff diverted millions of pounds of chilled pork and beef into cold storage facilities over the last few weeks, creating an oversupply of meat, analysts said. Redirected protein shipments come as frozen inventories are starting to build ahead […] Read more
France says Russia to lift ban on live pigs, some pork products
Reading Time: 2 minutes Paris | Reuters –– Russia’s veterinary services has agreed to lift a ban on French live pigs, offal and fat imposed a year ago after an outbreak of African swine fever in the east of the European Union, the French farm ministry said. Russia imposed the ban on EU pork products early in 2014 following […] Read more
Chipotle’s pork plight could hurt Q1 results
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
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
Strong hog sector facing uncertain 2015
Reading Time: 2 minutes CNS Canada — Western Canadian hog farmers are facing an uncertain future from a marketing perspective heading into 2015, with a number of factors on both the supply and demand sides of the equation that could swing prices one way or the other. “After a very profitable 2014… we’re at pivot point,” said Tyler Fulton, […] Read more
U.S. to appeal latest WTO loss on COOL
Reading Time: 3 minutes Canada will have to wait up to three more months before it can impose retaliatory tariffs on U.S. goods over Washington’s mandatory country-of-origin labelling (COOL) law on meat from imported livestock. The U.S. government on Friday filed a notice of appeal against the latest ruling by a World Trade Organization (WTO) compliance panel, which last […] Read more
The world according to Gartman
Global shifts in economies and livelihoods to be unprecedented
Reading Time: 3 minutes There may be some bumps ahead, but the worst of the world’s economic turmoil may be over. “I think we have to pay attention to the fact that consumers and businesses are as liquid as we have seen them in the past 15 to 20 years,” trader Dennis Gartman, editor and publisher of The Gartman […] Read more
A message from April Stewart, Country Guide's Associate Editor
