Latest Newsletter

Tag Archives Pork — page 38

(Gassen/iStock/Getty Images)
Markets

China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

By , ,
Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more
(PorcOlymel.com)
Livestock

Olymel pork plant workers take slaughter into OT

Over 800 volunteered for added shifts with charitable twist, packer says

By
Workers at three Olymel hog slaughter plants in Quebec volunteered for overtime shifts over the weekend to help clear the province’s backlog of market-weight hogs, the company said Saturday. Sollio’s meat packing arm said over 800 workers at its slaughter plants at Yamachiche and St-Esprit and the former F. Menard plant it now owns at […] Read more
(ComfreyFarmPork.com)
Livestock

HyLife buys pork packing, hog production capacity

Firm buys stake in U.S. packer, Manitoba hog farming business

By
Canadian hog production and pork processing firm HyLife has moved to expand its reach in North American pork packing as well as Manitoba hog farming. La Broquerie, Man.-based HyLife announced last week it has bought a 75 per cent stake in Taylor Corp.’s Prime Pork, a packing and processing operation at Windom, Minnesota, about 200 […] Read more
(TysonFoods.com)
Livestock

Tyson to shut Iowa pork plant against COVID-19 outbreak

Plant handles up to 3.5 per cent of U.S. pork output

By
Chicago | Reuters — Tyson Foods said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s food supply. Meat processors such as Tyson, WH Group’s Smithfield Foods and JBS USA temporarily closed about […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures slip as slaughter rises

CME lean hog futures firm

By
Chicago | Reuters — U.S. live cattle futures fell on Wednesday, as cattle continue to back up, despite slaughter plants’ coming back online, traders said. CME lean hog futures firmed despite rising kill numbers, as social distancing rules in plants keep slaughter below normal rates. The nearby CME June live cattle futures contract settled down […] Read more
CME July 2020 lean hogs with 20-, 50- and 100-day moving average. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures fall

Live cattle futures firm while slaughter numbers rise

By
Chicago | Reuters — U.S. hog futures fell on Tuesday, pressured by an increase in daily slaughter totals as pork plants come back online, traders said. CME live cattle futures firmed despite rising kill numbers, with the most-actively traded contract passing through a key technical benchmark. The nearby CME June live cattle futures contract settled […] Read more
CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Live cattle end mostly lower as beef prices ease

June hogs up, August lower

By
Chicago | Reuters — U.S. live cattle futures closed mostly lower on Thursday as wholesale beef prices began to retreat from historic highs as the U.S. slaughter pace improved, generating more meat supplies, analysts said. Chicago Mercantile Exchange (CME) August live cattle futures settled down 1.425 cents at 97 cents/lb. (all figures US$). Front-month June […] Read more
hog workers
Livestock, News

Hog farmers give back to processing workers

Sofina Foods workers had their lunch paid for by hog farmers

By
Hog farmers and their local and provincial associations recently donated lunch to pork processing plant workers. The event was part of the Pork Industry Gratitude Project, started in Perth County. Front-line workers at the Sofina Foods Inc. processing plant in Burlington got lunch from hog farmers on May 13, to show their appreciation for their […] Read more
Ottawa proposes levy on imported pork products
Livestock, News

Ottawa proposes levy on imported pork products

The levy of 75 cents per hog would fund research and promotion similar to beef sector program

By
Glacier FarmMedia – Canada wants to start charging a levy on imported pork to help fund research and promotion activities. The federal government is proposing to establish the Canadian Pork Promotion and Research Agency to manage the levy and help co-ordinate research and promotion activities. Why it matters: Imported pork benefits from domestic generic promotion […] Read more
Prime Minister Justin Trudeau speaks at Rideau Cottage in Ottawa in this April 24, 2020 file photo. (Photo: Reuters/Blair Gable)
Markets

Trudeau pledges $252 million in COVID-19 aid for farmers, processors

Dairy commission's credit line extended for storage program

By
Ottawa | Reuters — Canada will invest $252 million to help some of the country’s farming and food processing sectors weather the coronavirus outbreak, Prime Minister Justin Trudeau said Tuesday, adding more money could come later if needed. The Canadian Federation of Agriculture, one of Canada’s biggest farm groups, asked Ottawa last week for an […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast