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How Will the Disrupted Holiday Week Impact the Pork Market in the Weeks Ahead?

The holiday shortened week likely caused some disruptions in both product and livestock markets, Steiner Consulting reports in the Daily Livestock Report.

Analysts shared insights into the data that came out on Friday and Saturday and implications for the weeks ahead. 

Hog slaughter last week was estimated at 2.223 million head, down 376,000 head from the previous week as well as 32,000 head lower from a year ago. This is a 1.4% drop year over year. 

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Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.