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Hogs

Pork producers say profitable prices are a welcome change, but the disconnect between farmgate prices and cutout values needs to be addressed.
Hogs, Markets, News

Market forecasts throw pork producers a bone

While feed prices have nibbled at margins, producer groups and marketers say the signals are good for pork producers in 2021

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Margins look good for pork producers — and so do the market forecasts, despite high feed prices cutting into farm profits. Both cash and futures values have been in a steady climb since February, according to Bill Alford, general manager of H@ms Marketing Services Co-op. “We haven’t seen these values since 2014,” he said, noting
Hogs, News

U.S. pork processors face higher costs, slower speeds after court ruling

They’re asking the USDA to push back against the court ruling the agency failed to evaluate the effect of new rules on worker health

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Reuters – An industry group representing North America’s biggest meat packers has pushed the U.S. Department of Agriculture to appeal a Federal Court decision that cancelled an agency rule that allows pork plants to slaughter pigs more quickly. The decision issued on March 31 in U.S. District Court in Minnesota could raise costs for meat
Workers disinfect a conveyor belt, part of the measures installed to help slow the spread of coronavirus disease (COVID-19) at the Seaboard Foods pork-processing plant in Guymon, Oklahoma, May 17, 2020.
Hogs, News

U.S. court slams brakes on Trump-era hog slaughter line-speed rule

Union cheers ruling, saying faster line speeds harm processing plant workers

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Reuters – The largest U.S. meat-packing union is celebrating a recent victory in Federal Court that it said invalidated a Trump-era rule allowing hog slaughter plants to run without line-speed limits. A lawsuit brought against the U.S. Department of Agriculture (USDA) by the United Food and Commercial Workers Union and three of its local chapters
George Matheson farms hogs and grain near Stonewall.
Hogs, News

Matheson to move on from Manitoba Pork

The Stonewall-area farmer brought ‘years of wisdom’ to the chairman role

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Manitoba Pork chair George Matheson will retire from his role after leading the organization through challenges like PED, chronic low prices, and the beginning of the COVID-19 pandemic. “There’s never a shortage of challenges in the pig business in Manitoba, that’s for sure,” said Matheson. Matheson stepped into the role in 2015 after almost a
"There is a significant disparity in the fees being charged between Manitoba and Ontario and that’s something that is cause for concern for producers here.” – Cam Dahl, Manitoba Pork Council.
Hogs, News

Pork council to fight fee hike on deadstock pickup

Producer group says lack of alternatives has left hog operations at the whim of bioproduct recycling company Rothsay

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The Manitoba Pork Council is pushing back against what it says is an explosive increase in the cost of on-farm deadstock pickup, and it is taking the fight to the Competition Bureau of Canada. The organization has lodged an official complaint after what it says is a tenfold jump in the cost of an on-farm
(JBSFoodCanada.ca)
Beef cattle, Hogs, Livestock

JBS profit bolstered by weak currency, strong Chinese and U.S. markets

China became third largest beef export market for JBS Canada, company says

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Sao Paulo | Reuters — Meat processor JBS SA’s fourth-quarter profit rose 65 per cent from a year earlier, boosted by strong food sales in China and the U.S. and a sharp devaluation of Brazil’s real currency, the company said in a securities filing on Wednesday. For full-year 2020 its profit was 4.6 billion reais,
Photo: ARS/USDA
Hogs, Livestock, Markets

Hog market recovering from pandemic lows

China again a major driver of hog values

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MarketsFarm — In April 2020, during the early days of the COVID-19 pandemic, prices for lean hog futures dropped to their lowest point since 2002, falling below US$40 per hundredweight. Nearly a year later, the industry is in the middle of a speedy recovery. At the Chicago Mercantile Exchange (CME) on Thursday, lean hog futures
Pigs are seen at a backyard farm on the outskirts of Harbin, Heilongjiang province, 
China, Sept. 5, 2018.
Hogs, News

China to crack down harder on fake African swine fever vaccines

Industry insiders believe use of illicit vaccines has caused a new, chronic form of the disease

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Reuters – China’s Ministry of Agriculture and Rural Affairs says it will crack down further on illegal production and sales of African swine fever vaccines in a sign of the extent of a problem that is damaging the world’s largest pig industry. The ministry, which has been warning against such behaviour since 2019, said tougher measures were needed
CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle, hogs follow broader commodities markets lower

"We were a little top heavy coming in"

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Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures posted steep losses in most contracts on Thursday as a broad-based commodities market selloff, led by sinking crude oil and a firmer U.S. dollar, weighed on prices. Fundamental factors for both cattle and hogs remained solid amid strong beef and pork exports and good
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies begin to fully re-open after coronavirus pandemic shutdowns. Hog supplies have tightened following liquidation of the U.S. sow herd last year and some disease-related U.S.

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