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

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

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Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more
CME December 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs fall, cattle up on technical trading, profit-taking

Hogs 'stretched out technically last week'

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Chicago | Reuters — U.S. lean hog futures slid on Monday on technical selling and profit-taking, as the trade began to question whether Chinese demand for U.S. pork will boom after rival supplier Germany confirmed a single case of African swine fever in a wild boar. U.S. pork packer margins eased but still were solid, […] Read more
CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb on bullish pork export prospects

Live cattle continue following hogs higher

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Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on expectations of increased export demand for U.S. pork after rival supplier Germany confirmed a case of African swine fever in a wild boar. Chicago Mercantile Exchange (CME) October lean hog futures settled up 2.2 cents at 66.575 cents/lb. […] Read more
CME October 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures limit up on pork export optimism

CME live cattle follow lean hogs higher

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Chicago | Reuters — U.S. lean hog futures closed up their daily limit on Thursday as confirmation of a case of African swine fever in a wild boar in Germany fueled expectations that pork importers would turn to the United States for supplies, traders said. Firming cash hog values and rising wholesale pork prices added […] Read more
(Zevei-Wenhui/iStock/Getty Images)
Hogs, Livestock, Reuters

Swine fever found in Germany putting pork exports at risk

Country had been fencing off borders against wild boar

By
Berlin/Hamburg | Reuters — Germany confirmed on Thursday that African swine fever (ASF) had been found in a dead wild boar near its border with Poland, threatening pork exports to China from Europe’s biggest pork producer, which were worth US$1.2 billion last year. Authorities in the German state of Brandenburg quarantined a 15-km area around […] Read more
CME October 2020 lean hogs with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise as cash values firm

Live cattle follow cash cattle, beef prices lower

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Chicago | Reuters — U.S. lean hog futures rose on Wednesday, reaching a four-month high on firming cash hog prices, optimism about pork demand and technical buying, analysts said. The Chicago Mercantile Exchange October lean hog futures contract settled above its 200-day moving average, rising 1.475 cents to end at 61.375 cents/lb. after reaching 61.725 […] Read more
File photo of domestic hogs on a German farm. (FooTToo/iStock/Getty Images)
Hogs, Livestock, Markets, Reuters

Germany reports first suspected case of African swine fever

German producers currently exporting pork to China

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Berlin | Reuters — Germany’s ministry of food and agriculture said on Wednesday it had a suspected case of African swine fever (ASF) in a wild boar in the eastern state of Brandenburg. The suspected case concerned a wild boar carcass found near the German-Polish border. A sample of the carcass was being taken for […] Read more
CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on expectations of firm cash values

Hog market appears technically overbought

By
Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday on expectations of firmer cash prices as supplies of market-ready cattle tighten, following a drop this past spring in the number of cattle placed in feedlots, traders said. “Packer margins are huge; they are still over $350 a head. […] Read more
CME October 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures hit four-month high on export hopes

Post-Labour Day beef demand in doubt

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Chicago | Reuters — Strong export demand for U.S. pork pushed Chicago Mercantile Exchange lean hog futures to a four-month high on Friday. Traders are optimistic China, the world’s biggest pork consumer, will remain a strong buyer, after the U.S. Department of Agriculture reported strong weekly export sales on Thursday. Chinese importers have been bringing […] Read more
CME October 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs hit four-month high on strong export sales

CME cattle lower on demand uncertainty

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Chicago | Reuters — U.S lean hog futures jumped to a four-month high on Thursday on strong export demand and short covering, while cattle futures weakened. The U.S. Department of Agriculture reported net U.S. pork export sales of 53,646 tonnes for the week ended Aug. 27, up 36 per cent from the previous week. China, […] Read more

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