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U.S. livestock: Live cattle futures jump on fund-driven buying

Chicago | Reuters – U.S. live cattle futures rose more than 1 percent on Wednesday to fresh multi-month highs and feeder cattle futures surged 2 percent on what traders said was a combination of fund-driven buying and signs of strength in the cash cattle market. Chicago Mercantile Exchange (CME) December live cattle ended 1.475 cents […] Read more

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U.S. livestock: Live hogs slump on U.S.-China trade uncertainty, cattle continue rally

Chicago | Reuters – U.S. live hog futures slid on Tuesday amid conflicting news about U.S.-China trade talks next month, traders said, while cattle futures continued to rally on funds’ adding to their positions. So far, beef demand is showing no sign of waning, according to federal government data. The wholesale choice beef cutout price […] Read more


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U.S. livestock: Live cattle continue to rally on strong cash prices, fund buying

Chicago | Reuters – U.S. live cattle futures extended their rally on Monday, lifted by strong cash cattle and beef prices, and funds continuing to add to their positions, traders said. The wholesale choice beef price hit $227.51 per cwt on Monday, up $2.07, the U.S. Department of Agriculture (USDA) said. The wholesale select beef prices rose […] Read more

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U.S. livestock: Live cattle rally to 5-1/2 month peak on firm cash cattle, beef prices

Chicago | Reuters – U.S. live cattle futures stretched to 5-1/2-month highs on Friday, lifted by strong cash cattle and beef prices and positioning ahead of a monthly cattle supply report. Cash cattle at southern U.S. Plains feedlot markets traded around $110 per cwt or more this week, up from an average of $108 last […] Read more





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JBS USA to produce pork without ractopamine

Chicago | Reuters — JBS USA will remove a growth drug banned by Beijing from its U.S. hog supply, the company said on Friday, accelerating the competition for pork exports as China grapples with a devastating pig disease. The meat packer’s move away from the drug ractopamine, a feed additive, shows how companies are maneuvering […] Read more




(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Hog market at seasonal lows, turnaround expected

MarketsFarm — The Canadian hog market may be at its seasonal lows, but tightening worldwide supplies should underpin values over the next few months. “We’re at a seasonal time of year when prices move lower,” said Brad Marceniuk, livestock economist with Saskatchewan Agriculture, pointing to higher U.S. slaughter numbers and a slowdown in North American […] Read more