China's pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.
Tag Archives pork prices

China pork output marks first quarterly decline in four years

Smithfield Foods ends contracts with 26 US pig farms, citing oversupply
American pork producers have been losing money as pig prices, consumer demand bump against high costs
Smithfield Foods said it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply.

Decoupling Canadian pork price from American price study still ongoing
Canadian pork producers asked the Canadian Pork Council (CPC) back in 2018 how a unique Canadian pork price can be set to decouple the price from the American market. The American […] Read more

Hog producers lose money, request changes to risk management
Canadian Pork Council takes different approach to extract government funds
What was looking like a profitable year for Ontario pork producers has turned into a wreck. That’s prompted the Canadian Pork Council to come up with a hybrid proposal to […] Read more

Coronavirus disrupts China meat imports, food supplies
Swine fever has created pork shortage
Chicago | Reuters — Coronavirus is disrupting meat shipments to China as the country faces a shortage due to an outbreak of a fatal pig disease, Tyson Foods Inc and […] Read more

China’s shutout of Canadian meat scrambles global pork flow
Winnipeg | Reuters — China’s decision to block imports of Canadian meat has set off a global chain reaction in pork trading but it will do little to curb overall […] Read more

U.S. livestock: Hog futures set two-week peak on pork price hopes
Chicago | Reuters — U.S. lean hog futures jumped to two-week highs on Tuesday amid hopes for increased pork prices, which have been under pressure from large supplies and weakened […] Read more

U.S. livestock: Cattle end mixed, June sets new high
Chicago | Reuters –– U.S. live cattle futures finished mixed after touching a new contract high on Thursday, as concerns about cold weather tightening supplies underpinned prices. Forecasts for more […] Read more

Maple Leaf profit misses estimates on weak pork prices
Reuters — Packaged meat producer Maple Leaf Foods missed analysts’ estimates for quarterly profit on Thursday, as weak pork prices offset growth in its prepared meats business. Pork prices have […] Read more

U.S. livestock: Cattle set contract highs on winter weather
Chicago | Reuters — U.S. live cattle futures jumped to contract highs on Tuesday as traders worried about snow and cold temperatures slowing shipments of livestock to processing plants. Lean […] Read more