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Pork

CME August 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs up on pork demand, export optimism

Feeder cattle up on lower corn prices

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rose on Monday on signs of improving demand for pork products and optimism about export demand from China as the Asian country struggles with renewed outbreaks of a hog disease, traders said. Chicago Mercantile Exchange (CME) August lean hog futures settled up 1.4 cents at 51.275 cents/lb., after […] Read more
(Dave Bedard photo)
Livestock

Prairie livestock vet named B.C.’s chief veterinarian

Rayna Gunvaldsen replaces Jane Pritchard

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Reading Time: < 1 minute A Saskatchewan vet with a resume in emergency preparedness and managing livestock disease outbreaks has been named British Columbia’s new chief veterinarian. Agriculture Minister Lana Popham announced Rayna Gunvaldsen’s appointment Friday, replacing Jane Pritchard. Gunvaldsen trained at the University of Saskatchewan with an emphasis on herd health and regulatory medicine, worked as a herd health […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures weaken, cattle futures advance

Cattle values rise as corn values drop

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures on Friday pulled back from a rally the previous session as large supplies and doubts about Chinese imports weighed on the market, analysts said. Chicago Mercantile Exchange (CME) August lean hog futures settled down 0.35 cent at 49.875 cents/lb. (all figures US$). The contract has rebounded slightly since […] Read more
CME August 2020 lean hogs with 20- and 50-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Ham prices lead lean hog futures higher

Chicago live cattle book slight gain

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures rose on Thursday as firmer cash markets for hogs and some pork products supported thinking that the market may have bottomed out after declining for much of 2020, traders said. Chicago Mercantile Exchange (CME) August lean hog futures settled up 2.275 cents at 50.225 cents/lb., crawling back […] Read more
(Zevei-Wenhui/iStock/Getty Images)
Livestock, Markets, Reuters

China’s slower meat imports seen worsening its protein shortage

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Reading Time: 2 minutes Beijing | Reuters — China’s dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage of pork, analysts said. Purchases of pork and other meats have soared this year after domestic production shrank 30 per cent following an outbreak of […] Read more
CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures, boxed beef prices weaken

October lean hogs up slightly

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Reading Time: 2 minutes Chicago | Reuters — U.S. live and feeder cattle futures weakened with boxed beef prices on Wednesday as large supplies of heavy livestock are ready for slaughter, commodity brokers said. Cattle heading to slaughter weigh more, analysts said, because they put on pounds as animals backed up in feedlots when meat plants closed in April […] Read more
CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Large supplies push cattle, hogs mostly lower

Over 17,000 cases of COVID in packing plant workers, U.S. CDC reports

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle and hog futures ended mostly lower on Tuesday under pressure from large supplies, analysts said. Live cattle futures retreated a day after nearing a two-month high, while feeder cattle pulled back after reaching their highest price in month than a month on Monday. “We’ve gotten a bit overbought on […] Read more
CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle jump to two-month high

Lean hogs up on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures on Monday reached a two-month high on follow-through buying from last week, while lean hog futures edged up on bargain buying, traders said. Cattle futures are extending a recovery after recently regaining a premium over cash prices, traders said. Technical buying helped support the futures market even […] Read more
(Xinzheng/Getty Images)
Crops, Reuters

China says could take more action against Canada

Ottawa and allies 'kicking against the pricks,' foreign ministry says

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Reading Time: < 1 minute Beijing | Reuters — China said on Monday it reserved the right to take more action after Canada suspended its extradition treaty with Hong Kong and said efforts to pressure Beijing were “doomed to fail like kicking against the pricks.” Chinese foreign ministry spokesman Zhao Lijian made the remarks about the potential for more action […] Read more
CME August 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise as corn prices ease

Hog futures up slightly on improved exports

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures rose on Thursday with feeder cattle leading the pack, as corn prices eased on profit taking ahead of the long holiday weekend, analysts said. Thursday’s feeder cattle rally was due in part to a slump in corn futures, traders said. Earlier this week, the most-active contract surged amid […] Read more

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