CNS Canada — Representatives from the two largest pork-exporting states in the U.S. were in Winnipeg Thursday to take in the Manitoba Pork Council’s general meeting. The delegates, who hailed from Iowa and Minnesota, talked about the various challenges facing their industry. In 2017, over a quarter of the U.S. pork industry’s C$6.5 billion market […] Read more
Tag Archives u.s. pork — page 2
Tariffs raise tough questions for pork industry
U.S. livestock: More CME hog losses on China pork tariff hike
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday tumbled for a second straight day, dragged down by slumping cash hog prices and China’s additional 25 per cent tariff on U.S. pork imposed on Monday, said traders. The Chinese raised duties on pork, and more than 100 other U.S. products, after the U.S. […] Read more
U.S. livestock: CME hogs limit down on China pork tariff hike
Chicago | Reuters — Some deferred-month Chicago Mercantile Exchange lean hog futures settled down their three-cent-per-pound daily price limit on Monday after China raised tariffs on U.S. pork by another 25 per cent, said traders. Late on Sunday China announced higher duties on U.S. pork and over 100 other products that went into effect on […] Read more
U.S. pork to feel further chill from China tariff threat
Beijing/Chicago | Reuters — China’s threat of steep tariffs on U.S. pork imports knocked down U.S. hog futures prices and shares of producers on Friday, while increasing fears of hard times for farmers already facing weaker demand from the world’s top buyer of the meat. U.S. farmers have worried for months that rising trade tensions […] Read more
U.S. meat cases awash with Christmas hams at bargain
Chicago | Reuters –– Shoppers preparing to feast on ham for Christmas can do so without breaking their budget, thanks to record amounts of pork as the industry rebounds from a deadly pig virus, said analysts following the government’s monthly cold storage report on Tuesday. Christmas is the top-ranked holiday for eating ham, followed by […] Read more
U.S. sees 2015 pork output topping beef for first time in 62 years
Chicago | Reuters — The U.S. government on Friday raised its pork production forecast for the calendar year ending September 2015 that shows pork surpassing beef for the first time since 1952, as hog farmers rapidly recover from a deadly pig virus. In the monthly World Agriculture Supply and Demand Estimates (WASDE), the U.S. Department […] Read more
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