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U.S. livestock: Lean hogs end mixed as trade gauges trade war impact
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday in choppy trading as investors weighed rising pork prices against weak cash hog values and rising concerns about pork exports to China. Spread trading steered some contracts up sharply while others, including actively traded October and December futures, retreated. “Spreads […] Read more
U.S. livestock: Lean hogs rally for second day
Livestock, Markets, Reuters

U.S. livestock: Lean hogs rally for second day

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures posted strong gains for a second consecutive session Thursday, lifted by short-covering and technical buying following the market’s recent drop. Rising pork prices and solid pork exports supported the market, largely diluting concerns over U.S. trade tensions with China, the world’s top hog and […] Read more
Pork baby back ribs. (Grandriver/Getty Images)
Hogs, Livestock, Reuters

Packers win dismissal of U.S. pork price-fixing suits

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Reading Time: < 1 minute Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more
U.S. livestock: Lean hogs bounce after sell-off, cattle also rise
Livestock, Markets, Reuters

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more
(AlexPro9500/iStock/Getty Images)
Livestock, Reuters

Sausage-loving Germans chew over meat tax plan

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Reading Time: 2 minutes Berlin | Reuters — German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages. Meat in Germany benefits from a reduced value added tax rate of seven per cent, and the idea is […] Read more
U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties
Livestock, Markets, Reuters

U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Tuesday as growing tensions between Washington and Beijing fueled worries about U.S. pork exports. China, the world’s largest hog and pork market, has threatened to halt all purchases of U.S. agricultural products after U.S. President Donald Trump announced he would slap […] Read more
U.S. President Donald Trump appears with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka on June 29, 2019. (File photo: Reuters/Kevin Lamarque)
General, Markets, Reuters

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

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Reading Time: 3 minutes Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s […] Read more
CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures swing wildly as trade war intensifies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more
Photo: iStock/File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs drop to five-month low as U.S.-China trade tensions escalate

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures sank on Thursday, with the most-active contract touching its lowest price in more than five months, as U.S. President Donald Trump ratcheted up tensions in a war of tit-for-tat tariffs with China. Feeder cattle futures also slumped, and live cattle traded higher. American hog farmers […] Read more

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