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Pork

CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs slide on Phase One uncertainty

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) fell about 1.5 per cent on Thursday, joining a broad sell-off in agricultural futures that traders attributed to fund selling and uncertainty about the details of a U.S.-China trade agreement signed a day earlier. China agreed to increase purchases of U.S. […] Read more
A cargo ship is loaded with Brazilian soybeans bound for China. (Photo: Reuters/Paulo Whitaker)
General, Markets, Reuters

Trade deal will not affect China’s other ag suppliers, Liu says

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Reading Time: 2 minutes Beijing | Reuters — China’s other suppliers of agricultural commodities will not be impacted by the Sino-U.S. trade deal since buying will be based on market principles, Vice-Premier Liu He said, according to a report from state-owned CCTV on Thursday. Liu was speaking on Wednesday at a press briefing after signing the Phase One trade […] Read more
Chinese Vice-Premier Liu He and U.S. President Donald Trump shake hands after signing “Phase One” of a U.S.-China trade agreement during a ceremony at the White House in Washington on Jan. 15, 2020. (Photo: Reuters/Kevin Lamarque)
General, Markets, Reuters

‘Market condition’ caveat on U.S. ag purchases adds to Phase One doubts

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Reading Time: 3 minutes Chicago | Reuters — China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase One trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over the lingering tariffs on U.S. exports. The agreement, meant to reduce tensions after nearly two years of a tit-for-tat tariff war, […] Read more
Chinese Vice-Premier Liu He and U.S. President Donald Trump shake hands after signing “Phase One” of a U.S.-China trade agreement during a ceremony at the White House in Washington on Jan. 15, 2020. (Photo: Reuters/Kevin Lamarque)
General, Markets, Reuters

U.S., China reset trade relationship with Phase One agreement

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Reading Time: 2 minutes Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hog futures rebound

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Reading Time: 2 minutes Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday, bouncing a day after falling to a one-month low as traders adjusted positions ahead of Wednesday’s planned signing of a U.S.-China trade agreement, brokers said. “The choppy trade continues. There is clearly some nervousness associated with what is […] Read more
File photo of a hog farmer with piglets in Poland. (Zuberka/iStock/Getty Images)
Hogs, Livestock, Reuters

African swine fever spreads near German border

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Reading Time: 2 minutes Paris | Reuters — Poland recorded 55 outbreaks of African swine fever in wild boar near the German border last month, the world animal health body said on Thursday, in a sign the deadly virus is spreading near one of the European Union’s biggest pork exporters. A report posted on the World Organization for Animal […] Read more

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