Articles tagged under: pork
Pork Board Remains Optimistic About Trade Deals
Published September 23, 2019
Signing of a trade agreement between the U.S. and Japan could happen during the United Nations General Assembly later this month in New York. "Japan is the most important market, by value, for U.S. pork," says National Pork Board Chief…Despite Trade Skirmish, Pork Exports Break Records
Published September 6, 2019
U.S. pork exports were record large in July. At more than 233 metric tons, pork exports were up 32 percent from one year ago. Exports to China and Hong Kong reached a record $152.5 million in value. Mexico and Japan…An Opportunity to Level the Playing Field
Published August 27, 2019
A trade agreement between the U.S. and Japan could be an opportunity to level the playing field against competitors, but it doesn’t replace the Trans-Pacific Partnership. Minnesota Pork Producers Association CEO David Priesler says the agreement is great first step,…Antitrust Case Dismissed
Published August 13, 2019
A federal judge in Minneapolis has dismissed an antitrust lawsuit against Hormel Foods, JBS USA, Smithfield Foods, Tyson Foods and Agri Stats, which is a data provider. The pork processors faced allegations they limited supplies to boost profits. The judge…Setting Realistic Expectations for China Pork Purchases
Published July 31, 2019
While some market analyst and traders point to a lack of Chinese buying as a reason for low market prices, Loewen and Associates president Pete Loewen says China has been a steady buyer of U.S. products, just not at the…Canadian Pork Company Sold
Published April 22, 2019
Thailand’s largest agriculture company, CPF, plans to acquire Canadian pork producer HyLife Investments. CPF is paying $498 million Canadian to own 50.1 percent of HyLife. The remainder is held by the Itochu Corporation of Japan. CPF said this acquisition will…The U.S. Exports More Pork to China
Published April 18, 2019
Thursday's USDA weekly export sales report confirmed more pork sales to China. Net pork sales for the week ending April 11 are 40,300 metric tons and 23,500 of those tonnes were sales to China. That means more than 101,000 tonnes…China Buys Record Amount of U.S. Pork
Published April 11, 2019
The Thursday morning USDA Export Sales Report (for the week of April 4) shows record pork sales to China. Pork export sales of nearly 91,000 metric tons are up noticeably from the previous week and the four-week average.Possible Border Closure Concerns Agriculture
Published April 2, 2019
President Trump’s threat to shutdown the Mexican border has the attention of agriculture. National Milk Producers Federation President and CEO Jim Mulhern said the dairy industry is suffering through one of its worst economic times ever and the border closing…