Tag Archives beef cattle

Chicago | Reuters — U.S. lean hog futures surged their daily limit on Tuesday on a mix of fund-driven buying and renewed optimism about Chinese demand for pork as the Asian country struggles with outbreaks of African swine fever in its massive hog herd, traders said. Retail pork prices in China hit a record in […] Read more

Chicago | Reuters — U.S lean hog futures shot to their highest prices in more than a week on Thursday on hopes for progress in trade negotiations with China. China’s commerce ministry said both sides are discussing the next round of talks scheduled in September, but progress would be determined by whether Washington could create […] Read more

Chicago | Reuters — U.S live cattle futures fell on Wednesday on large domestic supplies, analysts said, as the U.S. Department of Agriculture launched an investigation into the wide gap with beef prices. Cattle prices have weakened recently after a fire at a Tyson Foods slaughterhouse in Kansas temporarily eliminated a key buyer of livestock. […] Read more