Articles tagged under: pork
China Could Buy U.S. Pork Sooner Rather Than Later
Published October 16, 2019
Traders expect to see Chinese demand for pork continue to increase as pork supplies dwindle due to the impact of African Swine Fever. Zaner Group Ag Hedge Lead Ted Seifried says the growing optimism is supporting the lean hog market.…U.S. Pork Industry Pleased with Japan Agreement
Published September 25, 2019
The U.S. pork industry is pleased with the signed trade agreement between the U.S. and Japan. The National Pork Producers Council says once implemented, the agreement signed today puts U.S. pork back on a level playing field with competitors in…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…