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U.S. livestock: Lean hogs rally on technical buying, rising pork prices

Chicago | Reuters – U.S. lean hog futures rose by as much as 3 percent on Tuesday on technical buying and short-covering, and as hopes for expanded pork exports to China more than offset pressure stemming from ample U.S. hog supplies, traders said. Rising pork prices and strong meatpacker margins gave the market further support […] Read more


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Klassen: Feeder cattle market consolidation continues

Western Canadian feeder cattle markets were unchanged from week-ago levels. Larger pre-sort calf sales were held across the prairies. Buying interest was barely sufficient to support the market at the current levels.  The risk tolerance shifted from medium to low this past week. Discounts appeared to be more severe on unweaned and unvaccinated calves. Colder […] Read more

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U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more


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China reshapes global meat markets as swine fever rages

London | Beijing | Reuters – China is scouring the world for meat to replace the millions of pigs killed by African swine fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken. The European Union, the world’s second largest pork producer […] Read more



Second-quarter beef production to affect market

Second-quarter beef production to affect market

Market Update with Jerry Klassen: Tighter U.S. supplies will continue until April, then the tide will turn

Alberta fed cattle prices were trading in the range of $136 to $139 during the war half of September, while in mid- to late October Alberta packers were buying fed cattle in the range of $143 to $145. Although fed cattle prices have ratcheted higher, yearling and calf markets are relatively unchanged. In central Alberta, […] Read more

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U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

Chicago | Reuters – U.S. lean hog futures closed mostly higher on Thursday on renewed hopes for accelerated U.S. pork sales to China after officials from both countries said an interim trade deal could include a phased rollback of tariffs. The hog market has been highly sensitive to any signs of easing trade tensions between […] Read more