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Pork

CME August 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures drop as China tightens food import restrictions

USDA report bearish on cattle futures

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Chicago | Reuters — U.S. lean hog futures retreated on Monday, with actively traded nearby contracts sinking more than three per cent and hitting life-of-contract lows amid worries about pork exports to China, which has stepped up oversight of imported goods due to COVID-19. China’s customs authority said on Sunday it had suspended poultry imports
File photo of a truck and stock trailer on a Canadian roadway. (Ben185/iStock/Getty Images)
Hogs, Livestock

Animal welfare activist dies outside Ontario pork plant

Protestor reportedly hit by transport truck

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An animal welfare activist has died while attending what’s been described as a “vigil” outside a southern Ontario hog packing plant, as new provincial limits on such activity around livestock are set to take effect. Halton Regional Police Service reported receiving a call Friday morning that a person had been “struck by a transport truck”
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Futures drop ahead of USDA data

Cattle on Feed report could be bearish Monday

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Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared
A customer shops at a pork meat hall at the Yuegezhuang wholesale market in Beijing on June 17, 2020. (Photo: Reuters/Tingshu Wang)
Markets

Food exporters to China asked to declare produce coronavirus-free

Declaration puts onus on exporters for product safety

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Beijing | Reuters — China’s customs authority has asked food exporters to the country to sign a declaration their produce is not contaminated by the novel coronavirus, three people who received a letter said on Friday. The declaration, seen by Reuters, may be an effort by China to reduce the additional testing it has carried
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures, beef prices decline

Lean hogs up amid technical buying

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Chicago | Reuters — U.S. live cattle futures fell Thursday as boxed beef prices tumbled under pressure from rising production. Beef output has increased as meat companies increase slaughtering after temporarily closing processing plants in April and May because of outbreaks of the COVID-19 coronavirus among workers. Processors killed an estimated 120,000 cattle on Thursday,
Manitoba’s pork sector continues to grapple with many questions and few answers as it navigates the ‘new normal.’
Hogs, News

Pork sector still facing uncertain landscape

The effects of market disruption from COVID-19 and plant closures has yet to dissipate, leaving many questions for the sector

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The hog market is starting its rebound with news that previously plugged value chains are once again starting to move — but the sector has a long climb ahead. Bill Alford, general manager of Hams Marketing, noted that U.S. processors previously shut down due to COVID-19 are once again ramping up operations, although the backlog of market-ready hogs held
(Dragos Cojocari/iStock/Getty Images)
Hogs, Livestock, Markets

Hog sector hit hard by pandemic

Market weakness seen likely to push some farmers out of business

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MarketsFarm — COVID-19 has hit the hog sector hard, with the double-edged sword of large supplies and reduced demand weighing heavily on the market. “The prospect of profitability at current forward prices and at current cash prices is nil… and there’s really no prospect of making anything this year,” said Tyler Fulton, director of risk
CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

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Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand
Jean Rousselle. (Video screengrab from Assnat.qc.ca)

Quebec Liberals name new agriculture critic

New leader names former Laval police officer to handle ag file

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Quebec’s official opposition Liberals have shuffled their shadow cabinet and moved their labour critic, a former police officer, to the agriculture portfolio. Dominique Anglade, who was named last month as the Liberals’ new leader, on Tuesday appointed Jean Rousselle, MNA for the Laval-area riding of Vimont, as the party’s critic for public safety and for

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