Articles tagged under: pork
Pork Exports Still Facing Headwinds
Published November 5, 2018
U.S. Pork Exports continue to be impacted by retaliatory tariffs in China and Mexico. That's according to the U.S. Meat Export Federation. In September, U.S. pork export volume was down 2 percent from a year ago to just over 179,000…Global Poultry Prices Under Pressure
Published September 24, 2018
According to a Rabobank report, a historic drop in poultry exports from Brazil is shaking up trade in the commodity. Global poultry prices declined by an average of five-to-ten percent in the second quarter of 2018. While the prices are…Livestock Lost to Hurricane Florence
Published September 21, 2018
Recovery is underway in North Carolina after Hurricane Florence. The North Carolina Agriculture Department says 5,500 hogs and 3.4 million poultry have been lost. Sanderson Farms reports flooding from the hurricane has resulted in the loss of about 1.7 million…Meat Products Make China’s Retaliatory List
Published September 19, 2018
China announced retaliatory tariffs of five-to-ten percent against $60 billion worth of U.S. products. Making the list are meat products like lamb, salted beef and pig casings and hind legs. U.S. Meat Export Federation Vice-President of Communications Joe Schuele says…African Swine Fever: Potential Big Story for U.S. in 2019
Published September 8, 2018
INTL FC Stone Chief Commodities Economist Arlan Suderman says African Swine Fever impacting hogs in China will likely be a big story in 2019. "It looks like it has been spread across the major producing areas of China. There's blocked transportation of…Tyson Profits in 3Q
Published August 8, 2018
Tyson Foods is reporting third quarter profits of $541 million, an increase of 21 percent from one year ago. Net sales were two percent higher at $10.05 billion. Tyson says sales volumes were higher in its beef and prepared food…Cold Storage Report Confirms Record Meat Supplies
Published July 24, 2018
There is a record amount of meat in cold storage. USDA reports as of June 30, there’s eight percent more beef supplies in cold storage than one year ago at 448.6 million pounds. Total red meat supplies in freezers are…Trade Top-of-Mind for MN Pork Producers
Published July 17, 2018
In a policy update during the 2018 Minnesota Pork Lenders Meeting, Minnesota Pork Producers Association CEO David Preisler said trade tariffs were is top-of-mind. "We're hopeful we can get this behind us. It sounds like the North American Free Trade…Meat Companies Accused of Falsely Inflating Pork Prices
Published July 2, 2018
A class action lawsuit is accusing Hormel, Tyson Foods and other meatpacking companies of falsely raising the price of pork products with the help of the information-sharing service Agri Stats. Filed in a Minnesota court, the complaint accuses the meat…