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Pork

CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs drop on large supply, trade war jitters

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Reading Time: 2 minutes Chicago | Reuters –– U.S. livestock futures dropped on Wednesday, with lean hogs stumbling under pressure from large supplies in a turnaround from a rally a session earlier. Fresh uncertainty over U.S.-China trade relations added pressure to the hog market, analysts said. Traders and meat producers are hoping for further U.S. pork sales to China, […] Read more
Five pork, five beef and three poultry plants will be built to help supply China’s appetite for meat. Photo: iStock/Getty Images
Hogs, Livestock, Reuters

Brazil gets approval for 13 meatpacking plants for China exports

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Reading Time: 2 minutes Sao Paulo | Brazil | Reuters – Chinese authorities approved new Brazilian meat exporting plants on Tuesday, according to the Brazilian agriculture ministry, a highly anticipated move as the two nations continue to strengthen trade ties. The approvals come as China seeks to increase meat imports to compensate for the death of around half of […] Read more
French President Emmanuel Macron shakes hands with China’s President Xi Jinping after a joint news conference at the Great Hall of the People in Beijing, China Nov. 6, 2019. Photo: Reuters/Jason Lee/POOL
Reuters

China, France sign deals worth $15 bln during visit

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Reading Time: 2 minutes Beijing | Reuters – China and France signed contracts totalling $15 billion during a visit by President Emmanuel Macron, a Chinese government official told a news briefing on Wednesday. Deals were struck in the fields of aeronautics, energy and agriculture, including approval for 20 French companies to export poultry, beef and pork to China. They also agreed to expand […] Read more
Photo: Canada Beef Inc/Getty Images
Livestock, Reuters

China to resume imports of Canadian beef and pork

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Reading Time: 2 minutes Reuters – China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries. “Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau tweeted. The Chinese embassy in […] Read more
CME February 2020 live cattle, with five-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle jump as beef stocks tighten, funds buy

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Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures scaled to their highest point in 5-1/2 months on Wednesday as tighter-than-expected beef stocks and rising cash beef prices triggered active fund buying that took prices through key technical resistance levels. Actively traded contracts posted their strongest gains in nearly a month, breaking out of a narrow […] Read more
CME February 2020 lean hogs, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mostly higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed mostly higher on Monday as hopes for rising demand for U.S. pork exports, particularly from China, more than offset near-term pressure from plentiful hog supplies. Investor caution kept hog futures in a narrow trading range following a roller-coaster session on Friday in which the market surged […] Read more

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