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Hog Outlook: WASDE Increases Expected 2015 Pork Production

2015-07-13 02:00:00| ThePigSite - Industry News

US - Today's USDA WASDE report increased expected 2015 pork production by 0.5 per cent , but left 2016 production essentially unchanged. In their first forecast since the June inventory report, they predict 7.6 per cent more pork this year than last and 0.5 per cent more pork in 2016 than this year. USDA expects barrow and gilt prices to average close to $50/cwt live this year and in the upper $40s next year, writes Ron Plain and Scott Brown, University of Missouri.

Tags: production expected increases outlook

 

CME: Pork Exports Strong, Beef Exports Down on Year

2015-07-09 02:00:00| ThePigSite - Industry News

US - US pork exports enjoyed another strong month in May while beef exports fell well short of year-ago levels according to data released by USDA’s Foreign Agricultural Service, write Steve Meyer and Len Steiner.

Tags: year strong beef exports

 
 

National Pork Board creates team focused on food chain outreach

2015-07-08 16:49:00| National Hog Farmer

Source: National Pork Board The National Pork Board is updating its food chain outreach structure, sticking with the organization's five-year strategic plan to build consumer trust and grow consumer demand. read more

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Producers Look to TPP to Enhance Pork Export Opportunities

2015-07-08 02:00:00| ThePigSite - Industry News

CANADA - The chair of Manitoba Pork says Canadian participation in the Trans-Pacific Partnership will secure continued access to the Japanese market for Manitoba pork and potentially future access to China, writes Bruce Cochrane.

Tags: opportunities export enhance producers

 

JBS USA Pork Agrees to Purchase Cargill Pork Business

2015-07-07 12:31:08| Industrial Newsroom - All News for Today

GREELEY, Colo. and WICHITA, Kan.  JBS USA Pork has entered into an agreement with Cargill to acquire the company's U.S.-based pork business for $1.45 billion (USD). Completion of the acquisition is subject to regulatory review and approval. "Today's announcement of our agreement to purchase the Cargill pork...

Tags: business usa purchase agrees

 

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