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Pigs

Piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock, Reuters

China’s 2022 pork output highest in eight years

Average hog weights remain relatively high

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Reuters — China’s pork output increased 4.6 per cent in 2022 from 2021 to reach its highest level since 2014, official data showed on Tuesday, confounding some expectations for a smaller rise. Pork output in the world’s top producer of the meat reached 55.41 million tonnes, the highest since 56.71 million tonnes recorded eight years […] Read more
A submerged and abandoned car is seen in floodwaters near a vineyard after winter storms at Forestville, California on Jan. 13, 2023. (Photo: Reuters/Fred Greaves)
General, Reuters, Weather

California rainstorms fade as death toll reaches 20

Drought to remain an issue for much of state

By
Reuters — The parade of atmospheric rivers that pounded California for three weeks finally faded on Monday, enabling the state to begin lengthy repairs to roads and levees as the White House announced U.S. President Joe Biden planned to survey the damage. The nine consecutive rainstorms that inundated California in succession since Dec. 26 killed […] Read more
Quebec hog producer Rene Roy is the new chairman of the Canadian Pork Council. (Cpc-ccp.com)
Hogs, Livestock

Canadian Pork Council names new top brass

Rene Roy elected as council's new chair

By ,
A few weeks after hiring a new executive director, members of the Canadian Pork Council have also chosen their new board chair and first vice-chair. The council on Tuesday announced it had elected Rene Roy, a hog producer from St-Jules in Quebec’s Beauce region, as its new board chair, and Scott Peters, a producer from […] Read more
CME February 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle end firm on tight supplies, lower weights

Hogs mixed on weak cash prices, higher cutout

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said. Live cattle futures prices remained bound in a recent trading range as cash cattle prices at Plains feedlot […] Read more
Flooding from the Salinas River forces the closure of a road at Salinas, California on Jan. 12, 2023. (Photo: Reuters/Nathan Frandino)
Crops, Reuters, Weather

California picks up debris from latest storm, braces for next

Also: Why all this rain won't end California's drought

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Sacramento | Reuters — Rain-soaked Californians took advantage of a break in a weeks-long deluge to haul away dead trees, restore downed power lines and prepare new stacks of sandbags before another series of storms hits the state beginning Friday. In Monterey County along the state’s central coast, communities near the still-rising Salinas River were […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end mixed, cattle mostly lower

Corn's rally put pressure on feeder cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mixed on Thursday, with actively traded nearby months down on weak pork prices and dull demand, while deferred contracts rose on expectations for tighter supplies in coming months, traders said. The February hog contract was down for the 10th time in 11 sessions and […] Read more
A drone photo from the Sampona commune of Madagascar on Feb. 11, 2022, shows Zebu cattle drinking water from a large puddle created from Cyclone Batsirai. The island nation’s south has been experiencing severe drought for the past four years, putting it in danger of what the World Food Programme calls “the world’s first climate change famine.” (Photo: Reuters/Alkis Konstantinidis)
General, Reuters, Weather

Last year tied as world’s fifth-warmest on record, U.S. scientists say

Global CO2 emissions continue to rise

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Brussels | Reuters — Last year was the world’s joint fifth-warmest on record and the last nine years were the nine warmest since pre-industrial times, putting the 2015 Paris Agreement’s goal to limit global warming to 1.5 C in serious jeopardy, U.S. scientists said on Thursday. Last year tied with 2015 as the fifth-warmest year […] Read more
CME February 2023 lean hogs with 20-day moving average (pink line) and CME cash lean hog index (purple line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs drop as pork cutout sinks to near two-year low

Cattle futures also follow beef values lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday for the ninth time in 10 sessions as weak cash hog prices and lower pork values dragged the market to a fresh three-month low, traders said. Pork packer margins have eroded and the closely followed cash wholesale pork cutout value fell on […] Read more
CME February 2023 lean hogs with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs sink to three-month low on weak pork prices

Live cattle steady to higher

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Tuesday for the eighth time in nine sessions on concerns about pork demand and slumping pork prices, traders said. The actively traded February lean hog contract dropped to a three-month low as packer margins eroded and the pork cutout price slid to the […] Read more
Photo: iStock/Getty Images
General, Markets, Reuters

Mintec acquires Agribriefing to expand agrifood data offering

By ,
Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired […] Read more

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