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Hogs, Opinion

Analyzing the Smithfield deal

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The Chinese meat products firm Shuanghui International has announced its acquisition of Smithfield Foods, which controls 26 per cent of U.S. pork-processing capacity and 15 per cent of U.S. pork production. The value of the transaction is estimated by Smithfield to be US$7.1 billion. A number of questions began to run through our heads. Good
Beef cattle, Hogs, Livestock, Other livestock

With big U.S. pork buy and diet shift, China now asks: ‘Where’s the Beef?’

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With more money in their pockets, millions of Chinese are seeking a richer diet and switching to beef, driving imports to record levels and sending local meat firms abroad to scout for potential acquisition targets among beef farmers and processors. The need to feed the world’s most populous nation has seen Chinese firms gobble up
Hogs, Livestock, News, Other livestock

Pork producers urged to speak out against proposed animal care code

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Karl Kynoch says imposing a deadline for open sow housing 
could push some small producers out of business in 2024

Hog producers need to speak out against proposed sow housing regulations being recommended by the National Farm Animal Care Council, says the chair of the Manitoba Pork Council. Converting a stall system to open housing — a key recommendation of the proposed animal care code for pigs — would cost producers $500 to $1,000 per
Hogs, Opinion

Guebert: Reasons to smile over the Smithfield purchase

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Here are 10 reasons for American farmers and ranchers to be thrilled by Shuanghui International Holding Inc.’s proposed $4.7-billion purchase of Smithfield Foods, Inc. No. 10: The U.S. gets back some of the dollars held by China. While $4.7 billion is chicken feed compared to the $1.2 trillion of U.S. debt (about 7.5 per cent
Beef cattle, Hogs, Livestock Markets, US Markets

LIVESTOCK-Cattle futures gain on short-covering

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* Short-covering buoys cattle futures * Feeders follow cattle higher * Hogs gain on strong cash markets By Sam Nelson CHICAGO, June 6 (Reuters) - Chicago Mercantile Exchange (CME) live cattle futures closed higher on Thursday on technical short-covering and despite wholesale beef markets that eased again from recent record highs, traders and analysts said.
The draft code for care of pigs in Canada says long-term stays in gestation crates should be phased out.
Hogs, Livestock, News

New pig care code brings change

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The much anticipated draft Code of Practice for the Care and Handling of Pigs released by the National Farm Animal Care Council signals change is coming to the industry’s use of sow gestation stalls and other herd management practices such as castration. “In well-managed and -designed housing systems, it is possible to achieve equal or
Hogs, Livestock, Other

LIVESTOCK-Hog futures up on firm cash, Smithfield deal discussed

* Trade digesting market impact of Smithfield deal * Firm cash hog markets support hog futures * Strong wholesale beef supports cattle futures By Sam Nelson CHICAGO, May 29 (Reuters) - Chicago Mercantile Exchange (CME) lean hog futures rose on Wednesday on firm cash hog markets while traders digested news that a Chinese firm said

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