pork exports
U.S. pork producers got creative to fill the gap left by trade war with China
When China raised its tariff on U.S. pork in April 2018, it sent producers scrambling to replace the lost export sales. A year later, the scramble paid off, as U.S. producers replaced a big chunk of the lost sales by striking deals with smaller markets, according to an analysis by Reuters.
World Pork Expo is canceled due to ‘extreme caution’ over hog disease
The World Pork Expo, which draws an international crowd annually to the largest hog-producing state in America, will not be held this June as a precaution against the spread of African swine fever, said its sponsor, the National Pork Producers Council, on Wednesday.
Grassley urges Trump to remove tariffs on Canada and Mexico
To speed approval of the successor to NAFTA, President Trump should remove tariffs on steel imported from Canada and Mexico, said Senate Finance Committee chairman Chuck Grassley on Monday.
Trade war hits U.S. beef, dairy, and pork producers
In a video posted Monday on social media, the U.S. cattle industry predicted it would be shut out of the Chinese market and lose an estimated $70 million in beef sales this year due to retaliatory tariffs. Groups representing pork and dairy producers expressed similar concerns.
No pain, no gain in trade dispute with China, says Ross
Negotiations didn’t work, so the Trump administration is relying on the economic discomfort of tariffs to force China to change its trade practices, said Commerce Secretary Wilbur Ross on Wednesday. Farm-state senators say there is a risk of the long-term loss of export markets as the dispute escalates.
More hogs on U.S. farms, and even more to come
The U.S. hog inventory is up 3 percent from a year ago, according to a quarterly report by USDA. Beef and poultry production are also expanding, leading USDA to forecast a nearly 4-percent increase in the meat supply this year. The increase is so large that per capita meat consumption is expected to increase by 5.6 pounds, to 222.4 pounds per person.
Pork industry sees major Midwest expansion
The U.S. pork industry is spending billions of dollars to build five new plants and expanding another existing plant in the Midwest. But that investment will pale in comparison to the money needed to supply those packing plants with pigs, according to Successful Farming. The five new plants alone will be capable of processing at least 40,000 hogs a day.
A boon for producers: higher market prices as more hogs are slaughtered
Hog farmers can thank increased international demand for U.S. pork for the profit-making market prices in the months ahead, says Purdue economist Chris Hurt. Writing at farmdoc Daily, Hurt forecasts an average market price of 50 cents a pound for hogs, nearly 4 cents higher than the average price in 2016.
Indirectly, Brexit could hurt U.S. pork exports
The United States exports only tiny amounts of pork to the EU but still may feel the impact of Britain's decision to leave the 28-nation bloc. In the financial turmoil that has followed the vote, the value of the U.S. dollar has risen against the Euro, putting U.S. pork at a disadvantage on the world market, says Purdue economist Chris Hurt.
U.S. beef is back in South Africa after 13-year ban
The first shipment of U.S. beef has arrived in South Africa, part of a reopening of a market that was closed to U.S. beef, pork and poultry for years, said the USDA.
Poultry to lead uptick in U.S. meat exports
Some 16 percent of U.S. beef, pork, broiler chicken and turkey meat will be exported this year, an upturn from 2015, forecasts USDA, with poultry showing the largest gains.
Mexico is tons ahead of Japan as top pork market
It's no fluke - for the second year in a row, Mexico topped Japan as the largest customer for U.S. pork exports in terms of volume, buying 31 percent of all U.S. pork shipped to foreign buyers.
South Africa threatened with loss of ag-trade benefits
If South Africa fails to make a concerted effort to eliminate barriers to poultry, pork and beef imports, it could lose agricultural trade benefits with the United States, reports The Hill newspaper.
Mexico buying more and more U.S. pork
Mexico is becoming more prominent as an export market for U.S. pork, says the monthly Livestock, Dairy and Poultry Outlook. One-third of U.S. export tonnage during July - the most recent data available for the report - went to Mexico.
U.S. pork exports fall 17 percent on strong dollar, competition
Exports of U.S. pork are down by 17 percent for the first half of this year compared to 2014, due to the strong dollar and to increased competition for sales to Asia, says the U.S. Meat Export Federation, a trade group based in Denver.
Japan is willing to reduce beef and pork tariffs, reports say
Japanese news media reported that the government would reduce its high import tariffs on beef and pork and relax slightly its restrictions on U.S. rice imports as part of the proposed 12-nation Trans Pacific Partnership trade pact, said Reuters.
Lower-weight hogs mean 5 percent drop in pork supply
Pork production during the final three months of this year is forecast to be 5 percent smaller than the year-earlier figure, keeping prices for slaughter hogs high, says the monthly Livestock, Dairy and Poultry Outlook report.
Ag chair Stabenow wants tougher review of takeovers
The Senate Agriculture Committee chairwoman is drafting legislation to overhaul the way the government reviews purchases of U.S. companies by foreigners. Chairwoman Debbie Stabenow disclosed her intentions as part of a PBS NewsHour review of the purchase of Smilthfield Foods by Shuanghui International, of China. "Food security is national security," Stabenow said on the program, according to a news release by the committee. "“And I can’t imagine that the American people will feel comfortable if they wake up someday and find that half of our food processors are owned by China."