Reading Time: 2 minutes Ottawa | Reuters — Canada and China are both “furious” over the case of a Huawei executive detained in Canada in 2018 and its aftermath, but there are signs the two sides can hold constructive talks, the Canadian ambassador to Beijing said Wednesday. Canadian police picked up Huawei Technologies chief financial officer Meng Wanzhou on […] Read more
Pork
Canada, China both ‘furious’ over Huawei row, envoy says
U.S. livestock: Cattle, hogs slide on export concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. hog and cattle futures fell on Wednesday on worries that the coronavirus outbreak would stall U.S. exports of pork and beef into China, traders said. Wall Street equity markets soared on reports that scientists were developing a vaccine for the deadly virus. But hog and cattle futures on the Chicago […] Read more
U.S. livestock: Lean hogs, live cattle end mostly lower
Trade awaits direction from cash cattle market
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mostly lower on Tuesday on concerns about a heavy slaughter pace coupled with uncertainty about export demand from China, the world’s biggest pork consumer, traders said. The weak tone underscored fears that the coronavirus outbreak in China could reduce export demand for pork at a time of […] Read more
Conflicting studies point to meat moderation as healthy diet
Reading Time: 2 minutes London | Reuters — A new study on meat consumption has found that people who eat red and processed meat have higher risks of heart disease and early death — contradicting recent research that suggested cutting out meat has few health benefits. The multiple findings can make it “difficult for people to make sense of […] Read more
U.S. livestock: Lean hogs end firm in rebound after contract lows
Live cattle up on bargain buying
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mostly higher on Monday, with the benchmark April contract rebounding from a life-of-contract low on slightly firmer cash markets, traders said. Rallies were capped by continued uncertainty about the impact of the coronavirus on demand for commodities in China, the world’s top pork consumer. Fears of economic […] Read more
U.S. livestock: Hogs sink for third day as coronavirus spreads
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures sank to contract lows on Friday, their third straight day of declines in the fifth in the last six sessions, on worries about the coronavirus wreaking havoc on demand from China, traders said. On a continuous basis, the front-month hog futures contract hit its lowest since March 6, […] Read more
U.S. livestock: Hogs limit down to contract lows
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures sank by their daily trading limit to contract lows on Thursday under pressure from hefty supplies and fears about the spreading coronavirus outbreak. Cattle futures also hit multi-month lows. U.S. hog supplies are large after farmers expanded their herds to supply new processing plants. But traders are now […] Read more
U.S. livestock: Hogs, cattle sink to multi-month lows
Ample supplies drag on cattle futures
Reading Time: < 1 minute Chicago | Reuters — U.S. hog and cattle futures dropped to fresh multi-month lows on Wednesday. Ample supplies and weakening cash markets weighed on the cattle contracts while concerns about demand from China pressured hog futures. The pressure on cattle comes at a time of year when the market tends to find support due to […] Read more
‘Weak positive’ PED turns up in Alberta sample
Reading Time: 2 minutes A “weak positive” finding of the porcine epidemic diarrhea (PED) virus from ongoing sampling in Alberta offers a warning that the hog disease may not have yet left the province alone. The chief provincial veterinarian’s office (OCPV) on Monday reported that the agriculture department’s lab in Edmonton on Jan. 22 found a weak PED positive […] Read more
U.S. livestock: Hogs firm, cattle mixed after limit-down moves
Reading Time: 2 minutes Chicago | Reuters — U.S. hog contacts firmed on Tuesday, edging off a 5-1/2-month low hit on Monday on a mild round of bargain buying. Cattle futures were mixed, with the most-active fed cattle contracts also bouncing slightly while live cattle futures weakened to the lowest since Oct. 21. Fears about the spread of a […] Read more