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Wednesday, June 19, 2013
Nutreco Conference Identifies Innovation Opportunities in Farm Animal Feeds
GLOBAL - Raising the efficiency with which farm animals utilise the nutrients they absorb from their feed will be the next important step in increasing farm productivity. This was a conclusion from the...
Hormel Lowers Outlook
US - Multinational meat and food processor, Hormel Foods has lowered its full year guidance range for the 2013 financial year from $1.93 - $2.03 per share to $1.88 - $1.96 per share. ...
NFU Urges Ag Committee Leadership to Continue Defending PLC
US - National Farmers Union (NFU) President Roger Johnson sent a letter to US House of Representatives Committee on Agriculture Chairman Frank Lucas and Ranking Member Collin Peterson praising the existing...
Extra Australian Agricultural Voices Deployed Across Globe
AUSTRALIA - Australian food producers and exporters will benefit from new strong Australian voices to be deployed to Viet Nam, Malaysia and China, with extra agricultural specialists being sent to gain...
China's Farm Produce Prices Slightly Up
CHINA - The prices of farm produce in 36 major Chinese cities slightly climbed last week, according to new official data. ...
Tuesday, June 18, 2013
FMD NEWS: FMD Outbreak in Taiwan Affects Pigs
The latest news on Foot-and-Mouth Disease outbreaks around the world....
CME: Cattle Market Continues to Struggle; Pork Values Likely to Stay Strong
US - "It was the best of times. It was the worst of times." Thus began Dicken’s A Tale of Two Cities and it timeless story of love, devotion, betrayal and turmoil. While saying that today is either...
Canada Counts on US Interests to Resolve COOL Issue
CANADA - Canada's minister of agriculture is counting on pressure on the American government from within the United States to help bring resolution to the Mandatory Country of Origin Labelling issue, writes...
Expect Corn Projections to be Dialed Back
US - Last week, I cited two topics of concern from World Pork Expo (WPX) – Smithfield/Shuanghui and porcine epidemic diarrhea (PED) virus, writes Steve Meyer....
Scottish Red Meat Sector Worth £2.1 billion
UK - The Scottish red meat industry made a £2.1 billion contribution to the economy of Scotland in 2012, according to the Scottish Red Meat Industry Profile launched this week by Quality Meat Scotland...
Pork Commentary: June Lean Hogs $103.30
CANADA - June Lean Hog futures last Friday closed at $103.30 making a big run from $88 at the end of March (about $30 per head improvement), writes Jim Long....
EU Pig Prices: German Slaughter Industry Prevents Price Increase
EU - At the beginning of the new week of slaughter, the European slaughter pig market is on an upswing....
Growing Forward 2 Paves Way for Risk Management Initiatives
CANADA - Parliamentary Secretary for Agriculture, Pierre Lemieux, has announced up to C$15 million for the launch of a new Growing Forward 2 program to encourage the development and adoption of new private...
Investor Wants Smithfield Sliced Up
US & CHINA - A minority shareholder of Smithfield Foods Inc says a buyout offer of $7.1 billion, including debt, from China's Shuanghui International Holdings Ltd is far less than what the US pork processor...
Monday, June 17, 2013
Europe Mops up after Floods
ANALYSIS - At the beginning of the month, Central and Eastern Europe experienced some of the worst floods ever seen, writes Chris Harris. ...
Smithfield Sales Rise Profits Down
US - Smithfield Foods saw sales of $13.2 billion over the last year up by one per cent on the previous year. ...
Agri-food Prices Rise Marginally
CHINA - The price of agri-foods in China rose marginally last week, according to a survey taken by the Ministry of Commerce (MOFCOM) in 36 medium and large sized cities during the week 3-9 June. ...
M-COOL Continues to Create Uncertainty for Producers
US & CANADA - Fast Genetics says the uncertainty created by US Mandatory Country of Origin Labelling (M-COOL) continues to create problems for pork producers and packers on both sides of the border, Bruce...
Hog Outlook: USDA Lowers Forecast of 2013 Pork Production
US - USDA has lowered their forecast of 2013 pork production to 23.427 billion pounds, down 0.2 per cent from their May forecast, but up 0.7 per cent from last year's actual, write Ron Plain and Scott...
Shout Price Hits 170p at Last
UK - Another positive week as far as sellers are concerned with DAPP continuing to edge ahead and now standing at a new high of 165.26p and, with the disappointing exception of Cranswick, writes Peter...
Friday, June 14, 2013
NFU Applauds Speaker Boehner’s Farm Bill Support
US - There have been reports that Speaker of the US House of Representatives John Boehner, R-Ohio, will support the 2013 Federal Agriculture Reform and Risk Management (FARRM) Act....
Farmers Talk with Minister Ahead of CAP Crunch Time
UK - Ahead of CAP talks reaching their climax in the next few weeks, NFU Scotland's President, Nigel Miller and staff have met with Defra minister, Owen Paterson and his advisors to reiterate Scotland's...
Hold Off on Expanding Hog Operations in the Short Term, Says Economist
US - Although hog production has returned to break-even levels, Purdue Extension agricultural economist Chris Hurt advises producers to forego expansion for now because of delayed planting and uncertainty...
Thursday, June 13, 2013
FAO Forecasts More Balanced Food Markets Ahead
GLOBAL - Food commodity markets, in particular for cereals, are set to be more balanced in 2013/14, according to FAO's 'Food Outlook' report published today....
CME: Four-year Hog Production Not Evident in Hog Production
US - In the June 2012 edition of "PorkNetwork" (formerly "PORK") magazine, Dr Ron Plain of the University of Missouri makes a very interesting observation that piqued our interest, write Steve Meyer...
China: Hog Markets
CHINA - Looking at the size of the breakdown of the inventory for April, 2013 - breeding stock was around 50.73 million sows, writes Ron Lane, Senior Consultant for Genesus China....
EU Meat Market Study
EU - Some two years ago, the EU Consumer Scoreboard ranked the meat market as one of the lowest performing goods markets. Following this result, the Commission committed itself to explore further the...
Drive for Modulation Masks Government Failure for Fair Deal
UK - Latest figures to be released from Brussels show just how bad a deal the UK Government has secured for the Country’s pillar two rural development programmes, the National Farmers Union (NFU) said....
Pork Exports Increase and Help with Price Recovery
BRAZIL - Between the months of April to May, Brazilian pork exports to Ukraine increased 26.5 per cent....
Hopeful Reprieve for Pork Industry
NEW ZEALAND - Labour’s Primary Industries spokesperson, Damien O’Connor, has welcomed the Supreme Court's order for an interim ban on the import of raw pork products....
 
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