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CME August 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop as China tightens food import restrictions

USDA report bearish on cattle futures

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Chicago | Reuters — U.S. lean hog futures retreated on Monday, with actively traded nearby contracts sinking more than three per cent and hitting life-of-contract lows amid worries about pork exports to China, which has stepped up oversight of imported goods due to COVID-19. China’s customs authority said on Sunday it had suspended poultry imports […] Read more
(LIVINUS/iStock/Getty Images)
Crops, Reuters

Mexico to resume sending farmworkers to Canada after safety agreement

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Mexico City | Reuters — Mexico will resume sending temporary farmworkers to Canada after the two countries reached an agreement on improved safety protections for labourers on Canadian farms during the coronavirus pandemic, the Mexican government said Sunday. Mexico said last Tuesday it would pause sending workers to farms with coronavirus infections after at least […] Read more
A container terminal in Halifax. (CN.ca)
Crops, Reuters

CN sees eastern network revival on supply chain diversity, ports

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Montreal | Reuters — Canadian National Railway, the country’s biggest railroad, is banking on growth in consumer products and supply-chain diversification in Asia, to revive traffic on its underutilized eastern Canadian rail lines, the company’s CEO told Reuters Friday. Coronavirus, which hit China’s industrial production, along with U.S. tariffs on Chinese goods, are further leading […] Read more
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Futures drop ahead of USDA data

Cattle on Feed report could be bearish Monday

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Chicago | Reuters — U.S. livestock futures fell on Friday, as hog producers and cattle ranchers continue to struggle with a massive backlog even as many slaughterhouses come back online. The U.S. Department of Agriculture’s monthly Cattle on Feed report, released Friday after the market close, showed May feedlot placements at 99 per cent compared […] Read more
(CBSA via YouTube)
Crops, Machinery, Reuters

TFW program to be overhauled after COVID-19 outbreaks on farms

"The piece that's missing is enforcement"

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Winnipeg | Reuters — Canada is overhauling its temporary foreign worker program, a government spokeswoman said on Friday, after coronavirus outbreaks on Ontario farms sickened hundreds and led Mexico to demand assurances of proper safeguards. As part of the review, surprise inspections of working and living conditions on farms will immediately increase, Ashley Michnowski, communications […] Read more
A customer shops at a pork meat hall at the Yuegezhuang wholesale market in Beijing on June 17, 2020. (Photo: Reuters/Tingshu Wang)
General, Markets, Reuters

Food exporters to China asked to declare produce coronavirus-free

Declaration puts onus on exporters for product safety

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Beijing | Reuters — China’s customs authority has asked food exporters to the country to sign a declaration their produce is not contaminated by the novel coronavirus, three people who received a letter said on Friday. The declaration, seen by Reuters, may be an effort by China to reduce the additional testing it has carried […] Read more
Uruguayan sheep shearer Federico Ventura catches a sheep to shear it in Villafale, Spain on June 17, 2020. (Photo: Reuters/Juan Medina)
Livestock, Reuters, Sheep/Goats, Weather

Uruguayan shearers flown in to relieve sweltering Spanish sheep

Expert shearers authorized to enter country amid COVID-19 pandemic

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Villafale, Spain | Reuters — Brought to Spain on a special flight amid the coronavirus lockdown, some 250 Uruguayan sheep shearers race against time to shear millions of Spanish sheep as sweltering summer temperatures hit. The Uruguayan shearers come to Spain every year, where farmers value them for their skills, their speed and particular care […] Read more
File photo of a river container terminal facility at Liverpool, England. (DavidCPhotography/iStock/Getty Images)
General, Markets, Reuters

U.K. aims to join Trans-Pacific Partnership

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London | Reuters –– The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership. “Today we’re announcing our intent to pursue accession to CPTPP, one of the world’s largest free trading areas,” Trade Secretary Liz Truss said. The British government said joining CPTPP would help the U.K. […] Read more
CME July 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures still face headwinds over demand questions

Cattle futures mixed on USDA report expectations

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Chicago | Reuters — U.S. lean hog futures traded choppy on Wednesday, amid ongoing pressure from large domestic supplies and rebounding pork production, analysts said. Meanwhile, concerns over a potential slowdown in U.S. pork exports kept markets jittery for a second session, traders said. China’s meat importers fear clearing delays and a hit to demand […] Read more
(lll0228/iStock/Getty Images)
Crops, Pulses

Pulse weekly outlook: Pandemic may pose market opportunity

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MarketsFarm — Plant protein products were steadily rising in popularity before the COVID-19 pandemic set in — but that industry could also get a boost from consumers shifting away from meat in a post-pandemic world. “There’s an increased level of awareness of hygiene issues in the meat industry,” Vishal Vijay, head of business development at […] Read more

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