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US hog futures surge as meat plants warn of pork shortages

2020-04-28 11:43:00| ThePigSite - Industry News

US lean hog futures rose their daily limit on Monday (27 April) on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said.

Tags: plants meat futures surge

 

COVID-19 causing hog slaughter to plummet

2020-04-27 17:04:00| National Hog Farmer

Declining hog slaughter causes a shortage of pork which should push up retail pork prices. We began 2020 expecting a record supply of red meat and poultry.

Tags: causing slaughter hog plummet

 
 

China given the green light to start trading hog futures

2020-04-27 14:23:00| ThePigSite - Industry News

China is set to become the second market in the world after the United States to trade live pig futures after the securities regulator said on Friday (24 April) the Dalian Commodity Exchange could launch a contract in the world's top pork producer.

Tags: start china light green

 

CPC asks government for emergency payment of $20 per hog

2020-04-24 14:40:00| National Hog Farmer

Canadian pork producers expect to lose $30 to $50 a hog for every hog they sell in 2020, costing farmers across the country $675 million dollars.

Tags: per government payment emergency

 

Efforts to contain COVID-19 pressure North American hog industry but situation will improve

2020-04-22 11:00:00| ThePigSite - Industry News

An Economist with Kerns and Associates expects the economic pressure on the pork supply chain resulting from COVID-19 to get worse before it gets better.

Tags: will north american industry

 

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