Cattle futures on the Chicago Mercantile Exchange continued to set new records on Tuesday, as improving packer margins, strong demand and chart-based buying provided support. August feeder cattle futures were up by 5.400 cents per pound at 319.125 cents per pound. The August live cattle contract gained 4.075 cents per pound at 219.975 cents at […] Read more
Tag Archives pork
Maple Leaf Foods spin off approved
Shareholders voted in favour of Canada Packers Inc., which will cover the food company’s pork operations
Maple Leaf Foods shareholders approved with an overwhelming majority the food processing company's plan to spin off its pork operations to Canada Packers Inc.
Maple Leaf Foods spin off approved
Shareholders voted in favour of Canada Packers Inc., which will cover the food company’s pork operations
Maple Leaf Foods shareholders approved with an overwhelming majority the food processing company’s plan to spin off its pork operations to Canada Packers Inc.
Gene edited pig gets green light in America
Pork made from gene-edited pigs could soon be on supermarket shelves in Canada.
U.S. pork begs for tariff exemption from Canada
A national U.S. pork organization is lobbying the Canadian federal government to drop its tariffs on the U.S. pork industry. According to a blog entry on the National Pork Producers Council (NPPC) website, the NPPC has written to Canada’s Department of Finance, noting that “tit-for-tat tariff exchanges” will disrupt supply chains built between the two […] Read more
Chinese tariffs create double-whammy trade war for Canadian pork
U.S. tariffs one one side, Chinese tariffs on the other: Can Canadian pork keep from buckling under the pressure?
U.S. tariffs one one side, Chinese tariffs on the other. Can the Canadian pork and hog sectors keep from buckling under the pressure?
Chinese pork output continues slide
BEIJING, China (Reuters) — China’s pork production in the third quarter fell 0.8 per cent from a year earlier, government data shows, falling on an annual basis for a third consecutive quarter as poor meat consumption hampered slaughter rates. Output during June-September in the world’s top pork producing nation declined to 12.59 million tonnes, according […] Read more
Tariffs on Chinese EVs prompt canola worries
SASKATOON — Some people are wondering if canola could once again be in China’s crosshairs if the country retaliates against a series of new punitive tariffs announced by Canada on Monday. Prime Minister Justin Trudeau said a 100 per cent surtax will be levied on all Chinese-made electric vehicles effective Oct. 1, 2024. Related stories: […] Read more
Japan’s low yen boosts Canadian pork exports
Canada’s sales to the Asian country have seen a major jump this year as its currency struggles against the U.S. dollar
WINNIPEG — Thanks to a currency advantage, Canada’s pork exports to Japan have exploded in 2024. In the first five months of the year, Japan imported $625 million worth of pork from Canada. That’s up from $358 million in sales during the same period in 2023, which means exports have jumped 75 per cent in […] Read more
Maple Leaf to split in two
REUTERS — Maple Leaf Foods is splitting into two independent public entities by spinning off its pork business, joining a host of companies that have demerged their businesses to streamline operations and realize more value.Globally, several companies, including most recently chemical maker DuPont, have moved to break up their businesses in an attempt to increase […] Read more
