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Pork demand driven by competing meat prices

2015-02-03 00:15:00| National Hog Farmer

A major contributor to strong pork demand has been the prices of competing meats over the past couple of years. Major reductions in turkey supply, a very slow response to lower feed costs by the broiler industry and the aftermath of the droughts of 2011 and 2012 in the beef industry have all been helpful to pork demand. When the prices of competing products rise, consumers substitute pork and push the demand higher. read more

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Hog Outlook: Slowdown at Seaports a Drag on Meat Prices

2015-02-02 01:00:00| ThePigSite - Industry News

US - The work slowdown at west coast seaports appears to be a growing drag on wholesale meat prices. Friday morning's pork cutout value was $79.21/cwt FOB the plants, down $4.50 from the week before and down $10.21 from a year ago. Ham, belly and loin prices were all lower this week, write Ron Plain and Scott Brown, University of Missouri.

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Meat Market Update | Huge increase in fresh beef imports

2015-01-29 16:50:00| Beef

High beef prices and the higher value of the dollar are definitely attracting imports. This year we have seen an enormous increase in imports of fresh beef. The latest report of Imported Meat Passed for Entry into the U.S. for January 17 showed 24,230 metric tons of fresh beef were important. That equates to over 53 million lbs. for that week alone. Ed Czerwien, USDA Market News Reporter read more

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HKScan Completes Meat Plant Reorganisation Talks

2015-01-28 01:00:00| ThePigSite - Industry News

FINLAND - Finnish meat processor HKScan has completed is negotiations with staff at its Mellilä plant over proposed reorganisation.

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EU Ag Council Discuss Impact of Russian Ban on Pig Meat Sector

2015-01-28 01:00:00| ThePigSite - Industry News

EU - The Latvian Presidency gave a presentation to the Council of it work programme in the agriculture and fisheries sector. The council discussed the Common Agricultural Policy (CAP) and the impact of the Russian ban on EU agricultural produce.

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