Chicago Mercantile Exchange (CME) cattle futures turned lower on Tuesday, as a lack of fundamental news and limited trading in the cash cattle market had price drifting down from the recent rally, traders said.
Pigs
U.S. livestock: CME cattle futures drift lower, lean hogs down
Rival pork exporters could benefit from China-EU trade tensions
Pork suppliers from South America and the U.S. could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and analysts said.
U.S. livestock: CME hogs turn higher on news of China-EU trade fight
Lean hog futures rallied at the Chicago Mercantile Exchange on Monday, as news of a China-EU trade dispute gave contracts a psychological boost, even though it is unlikely to give U.S. producers a new edge, traders and market analysts said.
U.S. livestock: CME hogs rally after contract lows; cattle futures jump
Chicago | Reuters – Lean hog futures rallied at the Chicago Mercantile Exchange on Friday after falling earlier to contract lows under pressure from increased U.S. production. Cattle futures also climbed. A rise in wholesale prices for U.S. pork helped trigger the turnaround in hogs, analysts said. The U.S. Department of Agriculture priced the pork carcass cutout […] Read more
EU pork industry faces ‘nightmare’ if China restricts imports
Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc […] Read more
U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more
U.S. livestock: Live cattle, lean hog futures end lower
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed lower on Tuesday in dull technical trade as market players await cash cattle trade to develop, brokers said. CME August live cattle LCQ24 settled down 1.050 cents at 178.925 cents per pound, although the contract stayed above its 100- and 200-day moving averages. CME August […] Read more
U.S. livestock: Live cattle end mixed, hogs rise on strong pork exports
Chicago Mercantile Exchange live cattle futures ended mixed on Friday as wholesale beef price firmed and packer margins improved, but traders remain concerned that cash market values may be near a seasonal peak, analysts said.
U.S. livestock: Cattle futures down amid oversupply, weak retail demand
Live cattle and feeder cattle futures closed mostly lower at the Chicago Mercantile Exchange on Thursday as slow sales of beef products such as hamburgers and steak weighed on prices, Altin Kalo, economist at Steiner Group, said.
Biosecurity bill draws questions from Senate ag committee
Some senators said the bill should cover everyone who enters a livestock operation because anyone can pose a biosecurity threat
Senate scrutiny has begun on Bill C-275, the private member's bill to amend the Health of Animals Act, which would increase fines for those who unlawfully enter livestock barns and processing facilities.
Cyber-Savvy Farmer
