U.S. tariffs one one side, Chinese tariffs on the other. Can the Canadian pork and hog sectors keep from buckling under the pressure?
Tag Archives pork — page 2
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?
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
Meat sector must help unlock the value of shunned cuts
The pig’s head is impressive: those wing-like ears that make one question the skeptical saying about “when pigs fly,” that sensitive snout, the flat forehead that protects a prodigious intelligence, those squinty eyes that remind one of Lyle Van Cleef, those muscular cheeks. All this beauty is lost on 90 per cent of Canadians and […] Read more
Delicious pork at odds with outdated cooking instructions
The pork was sweet and succulent. It made three teenagers and a spouse happy, was easy to cook, and provided lots of leftovers — all for $21. This particular product, which came in four-packs for $7 each of “pork loin centre-cut chops” prepared in a Montreal steak spice sauce, came from my local Wal Mart. […] Read more
Smithfield may go public
REUTERS — Smithfield Foods’ Chinese owner, WH Group, is working with banks to take the U.S.-based pork producer public again in the United States, according to media reports. Smithfield could list its shares as early as next year, the Wall Street Journal reported, adding that the deliberations are ongoing and the timing could change. “The […] Read more
Canada expects Britain to ‘uphold’ CPTPP standards
The current situation, where Canada accepts imports of British meat and the U.K. rejects Canadian beef and pork, is absurd, say industry reps and some politicians.
Novel soybean variety now contains pork protein
For decades, soybean meal and soybeans have been a critical part of pig diets. Pigs eat soybeans, they gain weight and add muscle. That muscle eventually becomes pork, which humans eat as pork chops, pork tenderloin and sausage. But now, a European company has found a more direct way of turning soybeans into pork. Moolec […] Read more
