Articles tagged under: pork
Meyer Offers Perspective on China and Mexico Tariffs
Published June 10, 2018
In the short run, the trade dispute with China is not expected to have a significant impact on the hog market. Kerns and Associates market analyst Steve Meyer says China is dealing with large domestic supplies and the U.S. wasn’t…Tariffs Take Their Toll on the Pork Business
Published June 6, 2018
This past week, Mexico imposed tariffs on U.S. pork. That’s on top of a 25 percent additional duty implemented by China on April 2. Both of these moves are retaliation for the U.S. duties on steel and aluminum imports. National…Tariffs Have Negative Impact on Hog Markets
Published June 6, 2018
Midwest Market Solutions President Brian Hoops says big picture, Mexico’s tariffs are part of a negotiations ploy and these tariffs can be removed as quickly as they can put back on. "Mexico's trying to do some posturing here. They are heavily…Mexico’s Tariffs Will Impact U.S. Pork
Published June 6, 2018
On Tuesday, Mexico imposed an immediate 10 percent tariff on U.S. pork legs and shoulders. A 20 percent tariff will go into effect July 5. Mexico opened a tariff-free quota for pork imports from other countries. The National Pork Producers…World Pork Expo Coming Up This Week
Published June 3, 2018
World Pork Expo begins Wednesday at the Iowa State Fairgrounds in Des Moines, Iowa. The Pork Checkoff sponsors the PORK Academy on Wednesday and Thursday. "The Pork Checkoff is the largest sponsor at World Pork Expo and we will be…Retaliation a Concern for Pork Producers
Published June 1, 2018
The talk about trade and tariffs has evolved into conversations about rhetoric and retaliation. Montgomery, Minnesota pork producer Karen Richter participated in the World Meat Congress in Dallas and says the possible downturn in pork exports is a worry. "Trade…USDA to Purchase Pork and Pinto Beans for Nutrition Assistance
Published May 25, 2018
USDA has announced up to $177 million in purchases for federal nutrition assistance programs. A new streamlined system is beginning, which is designed to offer a more consistent process to monitor market conditions and make food purchases. A large variety…Hormel Reports 2Q Financials
Published May 25, 2018
Hormel Foods reports second quarter profits of $237 million. That’s up nearly 13 percent from last year, but it was below trade expectations. The truck shortage is driving up costs for the Minnesota-based company. The Jennie-O Turkey Store business has…U.S. Pork to Argentina
Published April 13, 2018
The United States and Argentina finalized an export certificate allowing U.S. pork to be shipped to Argentina. The National Pork Producers Association says the new opening represents the first time in 25 years U.S. pork will be allowed into Argentina.…