Spain has called in its military to help contain an outbreak of African swine fever near Barcelona, a move aimed at protecting the country’s multi-billion-euro pork export industry.
Pigs
Spain deploys military to contain African swine fever near Barcelona
U.S. livestock: Chicago cattle futures climb on post-Thanksgiving trade
Chicago | Reuters – Chicago Mercantile Exchange’s live and feeder cattle futures ticked up on Friday in a day of abbreviated post-holiday trade. Feeder cattle futures recovered late in the week from limit-down losses on Monday, rebounding after a string of negative headlines. CME February live cattle futures LCG26 closed up 4.925 cents at 217.850 […] Read more
Spain reports first swine fever case in three decades, jeopardizing exports to China
African swine fever has returned to Spain for the first time in three decades after two wild boar found dead near Barcelona tested positive for the virus.
U.S. livestock: Futures rally ahead of U.S. Thanksgiving
Chicago cattle and hog futures rallied on Wednesday ahead of the American Thanksgiving holiday. Most-active February live cattle contracts closed at 212.925 cents a pound, up 5.600 cents. April futures gained 5.675 cents to settle at 214.250 cents a pound. Most-traded January feeder cattle futures gained 8.050 cents to close at 315.125 cents a pound. […] Read more
U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday
Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more
South Korea raises African Swine Fever alert after outbreak at pig farm
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South Korea said on Tuesday there had been an outbreak of African Swine Fever (ASF) at a pig farm in the country’s largest pig-breeding region, prompting authorities to raise the national alert level to “serious”.
U.S. livestock: Cattle futures end limit down
Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures […] Read more
U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted
Cattle futures on the Chicago Mercantile Exchange were weaker on Friday, pressured by the removal of United States tariffs on Brazilian beef announced Thursday. The 40-per cent tariffs were removed by the White House to bring down beef prices and should result in Brazilian beef moving into the U.S. once again. Talk that the U.S. […] Read more
U.S. livestock: ‘Relentless’ fund selling knocks down CME cattle futures
Chicago | Reuters – U.S. cattle futures fell further at the Chicago Mercantile Exchange on Thursday under pressure from fund selling and lower cash prices, traders said. Futures have dropped over the past month after U.S. President Donald Trump said he was working to lower beef prices for consumers, triggering steep selloffs in cattle that […] Read more
U.S. livestock: Cattle futures slide under pressure from weak cash prices
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern […] Read more