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U.S. pork demand strong, but trade disputes could hit exports

Growing U.S. domestic demand will only go so far as the U.S. government picks trade fights with key export markets

American consumers are snapping up plentiful low-cost pork, but U.S. farmers are worried that trade spats with key export markets in China, Mexico and Canada could hurt a lucrative part of their pork business. The domestic demand outlook remains bright, thanks to the strong U.S. economy, upcoming spring grilling season and Easter holiday ham purchases. […] Read more

Bacon fans stay loyal, but futures wobble

Last week’s WHO report is just the latest blow to the U.S. meat industry

Standing at the meat counter at a Mariano’s grocery store in Chicago, a half-dozen customers bantered with the butchers about the recent World Health Organization report linking processed meat to colorectal cancer. “Give me two pounds of bacon,” said Roland Marks, 47, a software engineer, rolling his eyes. “I’ll take my chances.” It is too […] Read more

Man feeding cattle hay from a truck.

California drought delays cattle herd building

More feedlots, packing plants may fail

California’s recent rains brought only short-term relief to the state which is suffering its worst drought in a century, leaving cattle rancher Kevin Kester to stick to his strategy of salvaging as much of his operation as possible for his three children to have a future in the cattle business. “We have a plan to […] Read more

Smithfield says it will meet China’s deadline on pork

China wants third-party verification that
imports are free of the additive that promotes lean muscle growth

Smithfield Foods Inc., the world’s largest pork processor, said Feb. 21 it will be able to supply pork that is free of the feed additive ractopamine in time to meet a March 1 deadline by China. China, the world’s largest pork consumer and the third-largest market for U.S. pork with sales of over $800 million […] Read more

U.S. cattle placements fall seventh straight month

Reuters / The number of cattle placed in U.S. feedlots in December fell for a seventh straight month, a government report showed Jan. 25, in a sign of high feed costs continuing to roil the industry after the worst drought in half a century. The decline was against trade expectations for the first monthly increase […] Read more

U.S. feedlot cattle supply at a four-year high

Placements rose three per cent in February Cattle supplies in U.S. feedlots rose to their highest in four years last month, a U.S. government report showed March 23, as surging prices in the cash market and improved wheat pastures in the drought-stricken southern Plains lifted placements. The U.S. Department of Agriculture’s cattle-on-feed report showed that […] Read more