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Pork

CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle jump on firmer cash trade

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Reading Time: < 1 minute Chicago | Reuters –– Chicago Mercantile Exchange (CME) live cattle futures settled higher on Friday and set a one-month top, buoyed by higher cash cattle trades in northern states including Nebraska and Iowa, traders said. The U.S. Department of Agriculture (USDA) confirmed that more than 22,000 head of cattle traded Wednesday in Nebraska, mostly from […] Read more
Agriculture Minister Marie-Claude Bibeau and Trade Diversification Minister Jim Carr meet with Canadian beef and pork industry officials Wednesday in Montreal. (Photo courtesy Agriculture and Agri-Food Canada)
Beef Cattle, Hogs, Livestock, Reuters

Canada proposes China meat export solution

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Reading Time: 2 minutes Reuters — Canada offered a plan to reassure China about the security of its meat export system, a Canadian minister said on Wednesday, as Ottawa rejected Chinese criticism of its efforts to enlist allies to resolve a diplomatic dispute between the countries. China said last week it wanted the Canadian government to stop allowing meat […] Read more
CME August 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs end down, live cattle up

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange (CME) lean hog futures closed lower on Wednesday on technical selling including profit-taking and long liquidation ahead of the U.S. Independence Day holiday, along with bearish supply fundamentals, traders said. CME’s benchmark August lean hogs contract ended down 0.6 cent at 78.375 cents/lb., turning lower after rising to […] Read more
CME July 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Nearby lean hogs firm on bargain-buying, China hopes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) nearby lean hog futures closed higher on Tuesday for a second session on technical buying after last week’s multimonth lows and hopes that a resumption of U.S.-China trade talks could spur export demand for U.S. pork, traders said. U.S. President Donald Trump and Chinese President Xi Jinping […] Read more
CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs up on trade hopes, falling corn prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rose on Monday on a mix of technical buying, falling corn prices and muted optimism about the weekend resumption of U.S.-China trade negotiations, traders said. “Lean hog futures (received) support from hopes of more Chinese buying after weekend talks went well,” INTL FCStone chief […] Read more
(TobyBarrett.com)
General

Former Ontario Tory ag critic returns to file as assistant

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Reading Time: 2 minutes Ontario Premier Doug Ford has added a second veteran MPP to assist Ag Minister Ernie Hardeman with the agriculture, food and rural affairs portfolio. Ford on Wednesday named Toby Barrett as parliamentary assistant to the minister of agriculture, food and rural affairs, with responsibility for agriculture and food. Randy Pettapiece, who since June last year […] Read more
U.S. Representative Ilhan Omar of Minnesota meets a double-amputee rescue dog at the U.S. Capitol in Washington, D.C. on May 21, 2019. (Photo: Reuters/Jonathan Ernst)
Livestock

Rookie U.S. House Democrats call for COOL revival

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Reading Time: 3 minutes Several new members of the U.S. House of Representatives who’ve pressed for stronger language on labour and environmental standards in the revised North American free trade deal now also want it to include country-of-origin labeling (COOL) on meat. A letter to U.S. Trade Representative Robert Lighthizer, dated Tuesday and signed by 27 freshman House Democrats, […] Read more
A rapeseed field in southern China’s Yunnan province. (YuenWu/iStock/Getty Images)
General, Markets, Reuters

Trudeau, China’s Xi had ‘positive’ discussions as dispute rages

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Reading Time: < 1 minute Ottawa | Reuters — Canadian Prime Minister Justin Trudeau and Chinese President Xi Jinping had “positive, constructive interactions” on the sidelines of the G20 summit on Friday as a dispute between the two countries rages, Trudeau’s office said. Trudeau spoke “more than once” to Xi during a meeting of the Group of 20 leading economies […] Read more
CME July 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Nearby lean hogs drop on continued herd expansion

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday, with nearby contracts pressured by plentiful supplies of hogs and pork and deferred months buoyed by signs of a slowing multi-year U.S. hog herd expansion, traders said. Actively traded nearby contracts posted steep declines after the U.S. Department of Agriculture […] Read more
CME August 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs up before USDA confirms herd expansion

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Thursday on short-covering and position squaring near the end of the month and quarter after prices hit multi-month lows earlier this week, traders said. Investors also squared bets ahead of the U.S. Department of Agriculture’s (USDA) quarterly hog and pig supply report, […] Read more

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