Global Pork Quarterly Q3 2022: ASF, Inflation, & Policies Challenge Growth While Trade Odds Rise

Global pork trade should pick up in the second half of 2022. A slight easing of feed costs and resilient consumer demand are improving market prospects. Still, challenges to growth remain as African swine fever continues to spread and inflation impacts trade policies.

Feed and energy costs are offering a break, but not quite relief. Feed input prices have softened in some markets but are expected to stay relatively strong for the rest of 2022. This will lessen the pressure on producers to some extent...

NPPC Applauds Announcement of New U.S.-Philippine African Swine Fever Project

Today, the National Pork Producers Council (NPPC) joined the U.S. Department of Agriculture Foreign Agricultural Service (FAS) and leaders from the Philippine Department of Agriculture and the Minnesota Department of Agriculture to announce the launch of a new project titled “Capacity building in risk assessment to support safe international trade of U.S. pork products in the Philippines” to address challenges related to African swine fever (ASF).

“NPPC is proud to have worked with the Philippine government, U.S. government, and the University of Minnesota to see this grant proposal..."

Pork Producers Press Politicians on Public Policies

Preparing for and preventing foreign animal diseases, addressing an agricultural labor shortage, and increasing pork exports are the top public-policy issues pork producers will lobby their congressional lawmakers on over the next two days. During the spring Capitol Hill fly-in of the National Pork Producers Council (NPPC), nearly 100 producers from across the country are expected to participate — in person for the first time in two years — in NPPC’s Legislative Action Conference.

“Challenges facing our industry continue to evolve, and we hope our efforts this week help lawmakers understand..."

SHIC Receives Pork Checkoff Funding for Program Extension to 2027

The National Pork Board of directors has approved an additional $15 million investment of Pork Checkoff funds in the Swine Health Information Center (SHIC) extending funding through 2027.

Launched with Checkoff funds in 2015, SHIC works to protect and enhance the health of the U.S. swine herd. This is done through coordinated global disease monitoring, targeted research investments that minimize the impact of future disease threats and analysis of swine health data.

The investment brings direct value back to producers through SHIC’s animal health research priorities...

Pork Producers Lobby Lawmakers on Issues

Preventing foreign animal diseases, addressing a shortage of agricultural workers and reauthorizing a livestock price reporting law are the primary issues on which pork producers will lobby their congressional lawmakers over the next two days, during the fall Capitol Hill fly-in of the National Pork Producers Council. More than 100 producers from across the country are expected to participate virtually in NPPC’s Legislative Action Conference.

“These are critical but by no means the only issues of concern to U.S. pork producers,” said NPPC President Jen Sorenson, communications director for Iowa Select Farms in...

Maple Leaf Foods Reports Third Quarter 2021 Financial Results

Maple Leaf Foods Inc. today reported its financial results for the third quarter ended September 30, 2021.

"Our meat protein business delivered exceptional results in the third quarter," said Michael H. McCain, President and CEO of Maple Leaf Foods. "Our revenue grew by over 13% and our Adjusted EBITDA grew by 22%, driven by a 90 bps improvement in margin to 13.0%, the result of outstanding execution of our strategies to become the most sustainable protein company on earth. I am grateful for the tireless commitment of our teams who are..."

NPPC’s Neil Dierks to Receive USMEF Distinguished Service Award

Neil Dierks, chief executive officer of the National Pork Producers Council (NPPC), has been selected to receive the U.S. Meat Export Federation’s (USMEF) Distinguished Service Award. Created in 1991, the award honors outstanding figures who exemplify the exceptional dedication responsible for the red meat industry’s success in building global demand for U.S. pork, beef and lamb. It will be presented Nov. 11 at the USMEF Strategic Planning Conference in Carlsbad, Calif.

Dierks has served in several senior roles at NPPC since 1990, but noted that his initial interaction with...