Daily Network News

More News →

Pork

CME April 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle sink on fund selling

Commodities funds take risk-off stance due to COVID-19

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell sharply in actively traded nearby contracts on Wednesday as concerns about the spread of coronavirus and its impact on demand triggered active selling by commodities funds. Slumping cash market prices further fueled the slide, with the benchmark April contract sinking to its lowest point […] Read more
CME April 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle extend losses

COVID-19 coronavirus continues to rattle investors

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live and feeder cattle futures fell sharply for a second consecutive day on Tuesday as fears of a coronavirus pandemic stoked concerns about demand and slower global economic growth. Commodities funds liquidated more of their sizable long holdings in cattle after the U.S. Centers for Disease Control and […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs dive as coronavirus rattles markets

April live cattle, most feeder contracts close limit-down

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures plunged on Monday as a surge of coronavirus cases beyond China stoked fears of U.S. meat export delays and slower global economic growth. The actively-traded April live cattle contract and nearly all feeder cattle contracts closed down by their daily trading limits, triggering expanded […] Read more
CME March 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures firm

Cattle contracts ease

By
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange hog futures ended higher on Friday on a mild technical bounce while cattle contracts weakened. Feeder cattle contracts were under pressure from profit-taking following six straight days of gains that pushed the front-month contract to its highest since Jan. 30. CME lean hog futures for April delivery ended […] Read more
Canada’s Prime Minister Justin Trudeau speaks to media, flanked by (l-r) Public Safety Minister Bill Blair, Deputy Prime Minister Chrystia Freeland, Minister of Crown-Indigenous Relations Carolyn Bennett and Transport Minister Marc Garneau in Ottawa on Feb. 21, 2020. (Photo: Reuters/Patrick Doyle)
Crops, Reuters

Trudeau demands rail blockades be lifted

Canadians' patience running out, PM says

By ,
Reading Time: < 1 minute Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal protesters lift rail blockades that are hurting the economy and made clear police should, if necessary, enforce injunctions to remove the obstacles. Trudeau also told a news conference that the Liberal government’s talks with various indigenous leaders over the last two weeks […] Read more
(LedbetterFoods.com)
Livestock

JBS to buy U.S. meat processor Empire Packing

By
Reading Time: < 1 minute The U.S. arm of Brazilian meat packing giant JBS plans to expand its footprint in case-ready further processing with a deal for Memphis-based Empire Packing. Empire operates meat and poultry processing plants in its home town of Memphis as well as in Cincinatti, Denver, Olympia, Wash. and Mason, Ohio. It also makes the Ledbetter line […] Read more
A CN freight train remains halted as train tracks are blocked two km away at Tyendinaga, Ont., east of Belleville, on Feb. 14, 2020. (Photo: Reuters/Chris Helgren)
Crops

Fraser: Rail blockades should be a lesson for all

By
Reading Time: 3 minutes Our latest so-called national crisis led to calls for police to arrest protesters and tear down blockades, but perhaps we should be thinking about how to prevent conflicts like this from happening in the first place. It’s amazing how much can change in just a few days. Canada’s Agriculture Day on Feb. 11 brought together […] Read more
CME April 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs rally with hopes for exports to China

Cattle market similarly hopeful

By
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rose 2.1 per cent on Tuesday on hopes for increased demand from China as the world’s top pork consumer announced plans to begin issuing tariff-free import licenses. China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so […] 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 →