Insights and Stories on Pork

Smithfield shutting South Dakota pork plant indefinitely

Apr. 12, 2020 at 6:38 pm CDT

Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving “perilously close to the edge” in supplies for grocers. Slaughterhouse shutdowns are disrupting the […]

Quebec pork plant to restart at reduced pace

Apr. 12, 2020 at 2:16 am CDT

By GFM Staff

U.S. livestock: Futures slide as COVID-19 worries roil market

Apr. 9, 2020 at 8:17 pm CDT

By P.J. Huffstutter

Smithfield shuts South Dakota pork plant over COVID-19

Apr. 9, 2020 at 12:59 pm CDT

By Reuters

U.S. livestock: Bargain-buying investors rally cattle futures, again

Apr. 8, 2020 at 4:10 pm CDT

By P.J. Huffstutter

U.S. livestock: Futures surge as investors snap up discounts

Apr. 7, 2020 at 4:47 pm CDT

Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the current cash markets wooed investors to buy back in, traders said. Feeder cattle also jumped to their normal trading day […]

By P.J. Huffstutter

U.S. livestock: Live cattle futures drop as pandemic roils markets

Apr. 6, 2020 at 5:41 pm CDT

Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live […]

By P.J. Huffstutter

U.S. livestock: Hog futures hit 17-1/2-year low

Apr. 3, 2020 at 7:01 pm CDT

Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef […]

By Karl Plume

Canada’s pork sector up to speed, aware of challenges

Apr. 3, 2020 at 2:02 pm CDT

They’re adding protective plexiglass shields, bringing in trailers to separate groups of workers, and boosting communication on biosecurity. It’s all part of an ongoing effort to ensure pork processing plants aren’t disrupted by COVID-19. “I’m very impressed by our packers, and for the workers for coming to work every day […]

By Alexis Kienlen

U.S. livestock: Hog futures drop to 3-1/2 year low

Apr. 2, 2020 at 6:06 pm CDT

Chicago | Reuters — U.S. hog futures dropped to a 3-1/2 year low on Thursday while cattle tumbled as recession concerns and surging U.S. unemployment due to the coronavirus pandemic triggered broad liquidation across the battered livestock markets. Both live and feeder cattle and lean hogs dropped by their daily […]

By Karl Plume