Increased Tariffs Put Pressure On Hog Markets

Jul 12, 2018

Lean hog futures have been pressured by a larger supply combined with higher tariffs being applied by both Mexico and China.

That from Tyler Fulton, Director of Risk Management with Hams Marketing Services.

He says the market is also reflecting the latest trade data which shows that the United States showed no growth in pork exported for the month of May compared to a year previous. The main factor contributing to the poor performance was trade with China which was down close to 50% from year ago levels.

Fulton explained how U.S. cash markets have been performing.

"The cash markets are not probably performing quite as strong as what we would expect them to for this time of year," he said. "We've got a lot of hogs out there but we've still got really strong cash demand. Packers have been actually willing to operate at a loss just to be able to secure those supplies and make sure they can continue to fill some of the orders that they had in place."

Source : Steinbachonline

Video: 2026 T.K. Cheung Lecture in Animal Science - Dan Weary

T.K. Cheung Lecture in Animal Science: "Using science to assess and improve the welfare of dairy cattle"

Dan Weary is a Professor at the University of British Columbia. Dan did his BSc and MSc at McGill and Doctorate at Oxford before co-founding UBC’s Animal Welfare Program where he now co-directs this active research group. His research focuses on understanding the perspectives of animals and applying these insights to develop methods of assessing animal welfare and improving the lives of animals. His work has helped drive changes in practices (including the adoption of higher milk rations for calves and pain management for disbudding) and housing methods (including the adoption of social housing for pre-weaned calves). He also studies cow comfort and lameness, social interactions among cows, and interactions between cows, human handlers and technologies like automated millking systems that are increasingly used on farms. His presentation will outline key questions in cattle welfare, highlight recent UBC research addressing them, and showcase innovative methods for improving the lives of cattle and their caretakers.