Daily Network News

More News →

Tag Archives beef

CME July 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs up in deferred months

USDA report fuels supply uncertainty; cattle up on cash strength

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more
(ALLEKO/iStock/Getty Images)
Livestock, Markets

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Dairy sector calls for 'vigilant' enforcement on British imports

By ,
Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract high as cash prices jump

USDA sees hog farrowing intentions down on year

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Thursday, with the front-month contract setting a new high, as cash prices climbed. Cash cattle trades of around $170-$171/cwt in western Nebraska and around $172/cwt in northwest Iowa ignited the rally in futures, analysts said (all figures US$). Cash prices were up about […] Read more
CME April 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Weak cash prices drag on hog futures

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week was seen as overdone. The […] Read more
CME April 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle futures top two-week highs

Chicago lean hog futures ease

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures topped another two-week high on Tuesday before finishing slightly firmer, while lean hog futures ended lower. Technical buying helped support gains in cattle, as the market has rebounded after nearing a two-month low last week, brokers said. A smaller U.S. cattle herd is also supportive […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Japan lifts last of BSE-era restrictions off Canadian beef

Canadian processed beef regains access to Japan

By ,
The last of Japan’s import restrictions on Canadian beef and beef products stemming from the BSE crisis has been lifted, allowing access for Canadian further-processed beef. Canada’s federal agriculture department announced Monday that Japan has reopened to imports of “processed” Canadian beef — just days ahead of a significant reduction in Japan’s tariffs on imports […] Read more
CME June 2023 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle exceed two-week highs in rebound

Lean hogs up off last week's lows

By ,
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed stronger and touched their highest prices in more than two weeks on Monday as livestock markets recovered from recent losses, analysts said. The Dow and S+P 500 also ended higher, after turmoil in the banking sector recently weighed on equity and commodity markets. Cattle […] Read more
(FevziieRyeman/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

China agrees to resume imports of Brazilian beef

Beijing authorizes four new Brazilian plants

By
Beijing/Sao Paulo | Reuters –– Efforts by the Brazilian government to lift a month-long ban on beef exports to China paid off on Thursday, as Beijing agreed to resume imports while also approving four new beef packers based in Brazil, according to authorities in both countries. China’s General Administration of Customs approved the resumption of […] Read more
CME April 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs slide to new contract lows, finish mixed

April live cattle down, feeders up

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures crumbled to new life-of-contract lows on Thursday, before finishing mixed, on concerns about poor demand for U.S. pork, analysts said. The market has tanked since last week, with additional pressure stemming from weak cash prices and larger-than-expected supplies of hogs. The front-month contract is down […] Read more
CME June 2023 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs fall to contract lows on demand worries

April cattle also down on day

By ,
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled to contract lows again on Wednesday on concerns about lower demand, analysts said. Worries about the risk for a recession to reduce consumers’ meat purchases hung over livestock markets, particularly for expensive cuts, said Arlan Suderman, chief commodities economist for broker StoneX. Wheat and […] Read more

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →