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Market News
Hormel Cuts Forecast on Rising Pork Prices
Hormel Foods Corp. cut its outlook for sales and profit after an outbreak of African swine fever in China raised pork costs. The shares fell the most since August 2017.
November 10, 2020 10:54 PM
·
Bloomberg
Industry
National Pork Board Uncovers What Diners Crave and Why
New research released by the National Pork Board explores consumer behavior when eating away from home.
November 10, 2020 10:54 PM
·
National Pork Board
Ag Policy
USMEF: Breakthroughs for U.S. Red Meat in Japan, Mexico and Canada
U.S. Meat Export Federation (USMEF) Economist Erin Borror says recent trade developments with Japan, Mexico and Canada, are very important breakthroughs for the U.S. red meat industry.
November 10, 2020 10:54 PM
·
USMEF
Hog Production
China’s Muyuan Foods Still Focused on Expansion Despite ASF
China’s second-largest pork producer, Muyuan Foods says it will continue to increase production this year, despite the challenges of ASF, as it bets on the reduced pork supply and higher prices to boost profits.
November 10, 2020 10:54 PM
·
Sara Brown
Hog Production
China’s WH Group Calls For End to Trade War As Profits Drop
Higher tariffs on U.S. exports has weighed heavily on profits, says leaders of Chinese pork producer, WH Group, who owns Smithfield Foods.
November 10, 2020 10:54 PM
·
Sara Brown
Industry
What Would You Baconize?
The bacon craze has no limits it seems! What do you think will be the next item to add bacon?
November 10, 2020 10:54 PM
·
Sara Brown
Hog Production
Tyson Foods Reports Strong Q2; Plans for ASF Impacts
In its second quarter profit statement, Tyson projects its U.S. pork, chicken and beef units will all benefit from increased demand due to African swine fever outbreaks.
November 10, 2020 10:54 PM
·
Sara Brown
Hog Production
Research on Viral Transmission in Feedstuffs Yields New Information
With research confirming that swine viruses can be transmitted through feed and feedstuffs, new studies are looking at how to prevent the spread of foreign animal diseases.
November 10, 2020 10:54 PM
·
National Pork Board
Hog Production
U.S. Hog Futures React to U.S.-China Trade Tensions
U.S. lean hog futures touched their lowest prices in nearly two months on Tuesday on the heels of concerns over elevated trade tensions between the U.S. and China.
November 10, 2020 10:54 PM
·
Jennifer Shike
Ag Policy
Panama Pork Tariffs: What Will the Impact Be?
“The safeguard trigger is obviously not good,” says Gerardo Rodriguez, USMEF regional marketing director. “But this is a result of more interest in finding U.S. pork in Panama.”
November 10, 2020 10:54 PM
·
Sara Brown
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