Daily Network News

More News →

Pork

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

U.S. livestock: CME lean hogs recover on bargain buying, trade hopes

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied on Tuesday in a technical and bargain-buying rebound from one-month lows amid hopes that China would step up U.S. pork imports as the country’s domestic pork prices have soared. The hog herd in China, the world’s largest pork market, has been decimated by African […] Read more
File photo of wheat storage for a flour mill at Yokohama, Japan. (Joel-t/iStock/Getty Images)
General, Markets, Reuters

Japan trade deal aims to put U.S. farmers on par with TPP

By
Reading Time: 2 minutes Washington | Reuters — The new U.S.-Japan trade deal will provide staged reduction of Japanese tariffs for more than US$2 billion worth of U.S. beef and pork, matching access now granted to the 11 Trans-Pacific Partnership trade pact countries, a text of the agreement shows. U.S. President Donald Trump presided over a White House signing […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs limit down on U.S.-China trade jitters

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures fell their daily limit on Monday, declining for a fifth straight session as an aggressive slaughter pace and uncertainty about this week’s U.S. trade talks with China overshadowed rising pork cut-out values, traders said. The selloff came as U.S. and Chinese deputy trade negotiators launched a […] Read more
(UCCS.ucdavis.edu)
Livestock, Reuters

U.S. meat industry sues California for animal protection ‘overreach’

By
Reading Time: 2 minutes Reuters — California was sued on Friday by the largest U.S. trade group for meat packers and processors, which wants to block enforcement of a voter-approved measure requiring farmers to provide more space for animals being raised for food. The North American Meat Institute, whose members include processors such as Tyson Foods and retailers including […] Read more
(JBSS.infoinvest.com.br)
Hogs, Livestock, Reuters

JBS USA to produce pork without ractopamine

By
Reading Time: 2 minutes Chicago | Reuters — JBS USA will remove a growth drug banned by Beijing from its U.S. hog supply, the company said on Friday, accelerating the competition for pork exports as China grapples with a devastating pig disease. The meat packer’s move away from the drug ractopamine, a feed additive, shows how companies are maneuvering […] Read more
CME December 2019 hogs with 30-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs extend losing streak

By
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures fell for the fourth day in a row on Friday, extending a losing streak that pulled prices off a two-week high hit on Monday. Traders said gains in the futures earlier in the week outpaced cash market strength and the spread between the two markets needed correcting. Cattle […] Read more
Italian sausages, cheeses and other traditional foods for sale in Milan’s Piazza del Duomo in December 2016. (Florin1961/iStock/Getty Images)
General, Markets, Reuters

U.S. set to widen trade war on EU front

By , ,
Reading Time: 4 minutes London/Brussels/Washington | Reuters — The United States won approval on Wednesday to impose import tariffs on US$7.5 billion worth of European aircraft and agricultural goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters. The decision by the World Trade Organization pushes a 15-year […] Read more
CME December 2019 live cattle with 20-, 100- and 200-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures hit highest since Aug. 9

By
Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures were mixed on Wednesday, with hog contracts easing for the second day in a row on technical follow-through selling while cattle futures firmed. The most-active December live cattle contract hit its highest in nearly two months. Traders said futures prices for hogs had rallied too sharply compared to […] Read more

Latest Market News

More Market News →