Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
Tag Archives Pork — page 8
U.S. livestock: Cattle futures end higher in light pre-holiday trade
EU pork industry faces ‘nightmare’ if China restricts imports
Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc […] Read more
Pork market strong despite weak U.S. futures
Fears over avian flu spreading to pigs in the United States and greater hog slaughter are causing lean hog prices at the Chicago Mercantile Exchange (CME) to fall to three-month lows, according to a livestock economist.
de Bruyn honoured for pork industry leadership, vision
Farm and family time the priority after stepping down as chair
John de Bruyn’s peers lauded his leadership and dedication to the pork sector at Ontario Pork’s recent general meeting. “Your leadership has been a master class in balancing ambition with pragmatism in advocating for industry and in building the culture that nurtures new talent,” said recently elected Ontario Pork chair, Tara Terpstra. The outgoing chair […] Read more
Global demand for pork remains strong, buoying industry optimism
Processing capacity in Ontario must still be addressed, farmers heard
Ontario Pork’s outgoing chair delivered a sombre but optimistic assessment of the industry’s future during the organization’s annual general meeting in Guelph March 21. John de Bruyn said lingering value chain issues from COVID-19, high inflation and feed costs and market volatility squeezed margins, making it difficult to turn a profit, but the future holds […] Read more
Strategies for producing antibiotic-free pork
Management, genetics and feed reduce the risk of antibiotic treatment in pigs
Companies avoiding the use of antibiotics use management strategies to eliminate the use of the medications rather than rely on alternative feed ingredients. On-farm protocols used by two “no antibiotics ever” pork brands in the United States include genetics, extended pre-weaning days and unconventional feed schedules. Why it matters: There’s increasing pressure on livestock operations […] Read more
National hog research firm gets $10.6 million in federal funds
Research to include new vaccines, antimicrobial alternatives, feed strategies, and genetics
The federal government has pledged up to $10.6 million for hog sector research, it said in an announcement today.
China to encourage hog farmers to reduce capacity after price slump
Aggressive expansion in Chinese hog sector turns to mounting losses on demand downturn
China will "guide" farmers to reduce hog production capacity as it steps up regulation of the industry, the agriculture ministry said on Tuesday, after an aggressive expansion drive led to an oversupply of pigs and heavy losses.
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.
Manitoba hog yard cleared for U.S. export
Separate export certificate had been required for yard's cull sows
U.S. authorities have lifted an order that required sows from one Manitoba assembly yard to be certified free of Seneca Valley virus before crossing the border. The U.S. Department of Agriculture confirmed Canada in the second-last week of November had now met protocol conditions for Seneca Valley virus and has lifted the health certificate requirement, […] Read more
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