Daily Network News

More News →

Pork

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

U.S. livestock: Cattle pull back after Monday rally

By
Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures eased on Tuesday in a profit-taking setback from the prior session’s steep jump after weeks of rising cattle prices that have eroded beef packer margins. Live cattle futures were due for a pullback after scaling to an 8-1/2 month peak last week on strong beef demand and […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock

Amended CUSMA pact includes anti-COOL clause

By
Reading Time: 2 minutes The new Canada-U.S.-Mexico Agreement (CUSMA), a free trade deal set to replace NAFTA, includes language meant to block any future bids at a trade-disrupting country-of-origin labeling (COOL) law. The new clause would, in theory, checkmate a move made last summer by some Democrat members of the U.S. House of Representatives to have a new North […] Read more
CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

By
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures touch seven-week high

By
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures kicked off 2020 by approaching seven-week highs in gains driven by increasing expectations for bigger sales of American pork to China. China, the world’s largest pork consumer, needs larger imports to offset a domestic meat shortage caused by an outbreak of the fatal pig disease African swine fever. […] Read more
CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs stumble as supply trumps Chinese demand

By
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures dropped on Friday as pressure from large domestic supplies overshadowed an uptick in pork sales to China. Traders are keeping an eye on Chinese demand because China, the world’s biggest pork consumer, is grappling with a fatal pig disease, African swine fever. Farmers are hoping China will further […] Read more

Latest Market News

More Market News →