Country 105

Country 105


Agriculture Report

Different Year for Hog Prices

By Manny Paiva

Ontario Pork says hog prices will look vastly different this year compared to last year.


Length: 1:18

The hog prices for this year compared to last year will not look pretty.

That statement from Patrick O'Neil at Ontario Pork.

He is talking about a recent report in the U-S that suggests American hog slaughter has rebounded -- and that's driving U-S hog prices down.

Last year, producers benefited from the impact of P-E-D in the U-S, which reduced the number of hogs available for slaughter.

That helped drive up prices.

O'Neil points out any changes in the U-S supply situation have a direct impact on Canadian markets.

>>>

Monsanto is settling class action lawsuits brougjht by farmers in seven different states over genetically modified wheat.

Monsanto says it will pay a total of 350-thousand dollars -- 50-thousand dollars to agricultural schools at land grant colleges in each of the seven states.

The lawsuits are related to the discovery of genetically modified wheat on a farm in Oregon in May 2013.

The wheat had not been approved, and after the discovery -- Japan and South Korea temporarily suspended some wheat orders.

The European Union called for tougher testing of shipments from the U.S.

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Jamaica has imposed import restrictions on poultry products from various spots in North America in the wake of a big outbreak of bird flu that has infected stocks.

The island's agriculture ministry says fresh and frozen poultry, hatching eggs and various by-products from U-S states are restricted until further notice.

Poultry imports from British Columbia are also restricted.

Jamaica says the measures are intended to safeguard the country's poultry and public health from the H-5-N-2 bird flu strain.

Numerous other countries have banned poultry imports from impacted areas.

China stopped importing all U.S. poultry earlier this year.

 

 


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