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Articles tagged under: pork

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…
Latest NewsAg BusinessLivestock

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…
Latest NewsMarkets

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…
Latest NewsAg BusinessLivestock

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…
Top StoriesLatest NewsMarkets

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.
Latest NewsMarkets

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…
Top StoriesLatest NewsMarketsLivestock

U.S. Officials Set to Visit Brazil Beef Plants

Published March 28, 2019

Following trade talks between the U.S. and Brazil, U.S. officials are set to inspect Brazilian beef plants in mid-June. According to the Brazilian agriculture minister, UDSA food safety officials will audit the country’s inspection system for beef and pork. The…
Latest NewsMarketsLivestockPolicy

Pork Industry Seeks to Better Understand African Swine Fever

Published March 18, 2019

China’s pig herd declined 16.6 percent in February compared to one year ago, according to the Ministry of Agriculture and Rural Affairs of the People's Republic of China. That loss is attributed to African Swine Fever, a contagious virus that’s…
Top StoriesLatest NewsMarketsLivestock

ASF is Likely “A Bigger Problem”

Published March 18, 2019

The Swine Health Information Center in Ames, Iowa is closely watching the African Swine Fever reports from the Chinese government and people on the ground. Executive Director Paul Sundberg says ASF is likely a bigger problem than what’s being reported.…
Latest NewsMarketsLivestock

China Pork Demand a Wildcard

Published March 18, 2019

After months of unknowns of how or when African Swine Fever could bring more demand of U.S. pork, the U.S. is reporting sales of approximately 24,000 metric tons of pork to China. The purchase is considered one of the highest…
Top StoriesLatest NewsMarketsLivestock
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