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Pigs

CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures weaken, cattle futures advance

Cattle values rise as corn values drop

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Chicago | Reuters — U.S. hog futures on Friday pulled back from a rally the previous session as large supplies and doubts about Chinese imports weighed on the market, analysts said. Chicago Mercantile Exchange (CME) August lean hog futures settled down 0.35 cent at 49.875 cents/lb. (all figures US$). The contract has rebounded slightly since […] Read more
CME August 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Ham prices lead lean hog futures higher

Chicago live cattle book slight gain

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Chicago | Reuters — U.S. lean hog futures rose on Thursday as firmer cash markets for hogs and some pork products supported thinking that the market may have bottomed out after declining for much of 2020, traders said. Chicago Mercantile Exchange (CME) August lean hog futures settled up 2.275 cents at 50.225 cents/lb., crawling back […] Read more
(Zevei-Wenhui/iStock/Getty Images)
Livestock, Markets, Reuters

China’s slower meat imports seen worsening its protein shortage

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Beijing | Reuters — China’s dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage of pork, analysts said. Purchases of pork and other meats have soared this year after domestic production shrank 30 per cent following an outbreak of […] Read more
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures, boxed beef prices weaken

October lean hogs up slightly

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Chicago | Reuters — U.S. live and feeder cattle futures weakened with boxed beef prices on Wednesday as large supplies of heavy livestock are ready for slaughter, commodity brokers said. Cattle heading to slaughter weigh more, analysts said, because they put on pounds as animals backed up in feedlots when meat plants closed in April […] Read more
CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Large supplies push cattle, hogs mostly lower

Over 17,000 cases of COVID in packing plant workers, U.S. CDC reports

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Chicago | Reuters — U.S. cattle and hog futures ended mostly lower on Tuesday under pressure from large supplies, analysts said. Live cattle futures retreated a day after nearing a two-month high, while feeder cattle pulled back after reaching their highest price in month than a month on Monday. “We’ve gotten a bit overbought on […] Read more
Photo: File/Reuters
Hogs, Livestock, Reuters

G4 swine flu virus not new, China says

Ag ministry says virus does not infect or sicken humans, animals easily

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Shanghai/Beijing | Reuters — China’s ministry of agriculture and rural affairs said Saturday that the so-called “G4” strain of swine flu virus is not new and does not infect or sicken humans and animals easily, rebuffing a study published last week. That study, by a team of Chinese scientists and published by the U.S. journal […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle jump to two-month high

Lean hogs up on bargain buying

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Chicago | Reuters — U.S. live cattle futures on Monday reached a two-month high on follow-through buying from last week, while lean hog futures edged up on bargain buying, traders said. Cattle futures are extending a recovery after recently regaining a premium over cash prices, traders said. Technical buying helped support the futures market even […] Read more
CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise as corn prices ease

Hog futures up slightly on improved exports

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Chicago | Reuters — U.S. cattle futures rose on Thursday with feeder cattle leading the pack, as corn prices eased on profit taking ahead of the long holiday weekend, analysts said. Thursday’s feeder cattle rally was due in part to a slump in corn futures, traders said. Earlier this week, the most-active contract surged amid […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures rise on new-month buying

Hogs mostly down on concerns over supplies, demand

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Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday on what appeared to be technical and speculative buying at the start of a new month and quarter, analysts said. Yet the benchmark August live cattle contract on the Chicago Mercantile Exchange remained rangebound, with rallies capped by weak beef prices as slaughterhouses […] Read more
Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
General, Machinery, Markets, Reuters

CUSMA pact takes effect under cloud of disputes, COVID-19

Deal appears to assure continuity of trade for agriculture

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Washington/Mexico City/Ottawa | Reuters — A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum […] Read more

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