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Photo: iStock/File
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hogs sink by daily limit, hit three-week low on U.S.-China trade worries

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures tumbled by the daily, exchange-imposed limit on Wednesday, with the most actively traded contract setting a three-week low, as U.S.-China trade talks ended with no apparent signs of progress. Cattle futures also slumped as widespread selling hit U.S. agricultural markets on the last day of […] Read more
Photo: iStock
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME hog futures drop to two-week lows on U.S.-China trade worries

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Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended losses on Tuesday, with U.S.-China trade concerns helping to push prices to their lowest levels in about two weeks. China imposed retaliatory tariffs on imports of U.S. pork and other farm products last year as part of the two nations’ ongoing dispute, hurting exports […] Read more
Lloyd Longfield, Marie-Claude Bibeau, Canada’s minister of Agriculture and Agri-Food and Martin Lavoie president and CEO of Canada Pork International made the announcement at the Ontario Pork office on July 25. Photo: CPI Funding
Hogs, Livestock

Federal government funding $6 million to Canada Pork International

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Reading Time: 2 minutes Agriculture and Agri-Food Canada has announced $6 million will be invested in Canada Pork International (CPI) to focus on strengthening, diversifying and growing of Canada’s pork exports. It will help to boost the awareness of the industry in the priority international markets. Why it matters: A halt to exports to China has made finding other […] Read more
The alternative protein market has taken off in part due to the inclusion of such products at global restaurant chains. Photo: Getty Images
Reuters

Report says Unilever, Tesco, Nestle ranked top on meat alternatives

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Reading Time: 2 minutes London | Reuters – Unilever, Tesco and Nestlé are among the best prepared to capitalise on the trend for plant-based meat substitutes, according to a report from an investor group managing $5 trillion in assets. The report by the Farm Animal Investment Risk and Return (FAIRR) coalition showed 25 major retailers and manufacturers were developing […] Read more
CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs top five-week high on China demand expectations

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures reached their highest prices in more than five weeks on Friday on expectations for increased pork demand from China, the world’s top importer. Live cattle futures ended higher after dropping to their lowest prices in more than a week. Hog traders expect China, the […] Read more
CME August 2019 hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs near limit up on renewed pork export hopes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared by the daily limit and approached a one-month high on Wednesday on renewed hopes that China will increase pork imports to compensate for pigs killed in a widespread outbreak of a fatal swine disease. China’s agriculture ministry said a new outbreak of African swine […] Read more
CME August 2019 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures weaken as beef prices decline

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures slumped on Tuesday as concerns about declining beef prices continued to hang over the markets. Decreasing beef prices have spurred expectations that meat packers such as Tyson and Cargill may be less aggressive when bidding to buy cattle, said Mike Sands, […] Read more
CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more

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