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U.S. livestock: Cattle bounce after this week’s four-month lows

Plentiful hog supplies drag on futures

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Friday on bargain buying after the benchmark April contract fell to a 4-1/2-month low this week, with traders citing expectations for a seasonal pickup in beef demand, traders said. Benchmark April live cattle futures on the Chicago Mercantile Exchange settled up 1.8 cents at […] Read more

India offers U.S. dairy, chicken access in bid for elusive trade deal

Reading Time: 3 minutes New Delhi/Washington | Reuters — India has offered to partially open up its poultry and dairy markets in a bid for a limited trade deal during U.S. President Donald Trump’s first official visit to the country this month, people familiar with the protracted talks say. India, the world’s largest milk-producing nation, has traditionally restricted dairy […] Read more


U.S. livestock: Lean hogs edge up on hopes for Chinese demand

April live cattle up on short-covering

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures rose modestly on Thursday on technical buying and hopes China will step up purchases of U.S. agricultural goods including pork as the U.S.-China Phase One trade deal takes effect, brokers said. Benchmark April lean hog futures on the Chicago Mercantile Exchange settled up 0.3 cent at 64.075 […] Read more

U.S. livestock: Cattle rise on broad commodity strength

Nearby hogs down on weak cash values

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday, bouncing off a four-month low on bargain buying along with broad-based strength in equity and commodity markets as fears subsided about the impact of the COVID-19 coronavirus outbreak in China. The benchmark April live cattle futures contract on the Chicago Mercantile Exchange (CME) […] Read more


North American hog markets wracked by coronavirus

Reading Time: 2 minutes MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more

U.S. livestock: Cattle sag on weaker cash trade

Coronavirus jitters also rattle cattle markets

Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices and worries about the impact of the coronavirus outbreak in China, traders said. Cash cattle traded lightly in Kansas and Nebraska at $119-$120 per cwt, traders said, down […] Read more


How JBS became collateral damage in a war between billionaires

JBS now plans to tweak U.S. IPO, executive says

Reading Time: 4 minutes Sao Paulo | Reuters — A business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to for a U.S. listing of its international operations, such as its Canadian beef plant. The dispute stems from a […] Read more



U.S. livestock: Live cattle, hogs slip on concerns over export demand

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed lower on Monday as optimism over export demand began to cool, and live cattle futures fell as pressure from slumping cash prices continued to weigh on the market, traders said. Benchmark April lean hog futures on the Chicago Mercantile Exchange (CME) settled down 1.175 cents at […] Read more

U.S. livestock: Hog futures advance for second day

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed higher on Friday for a second session on follow-through buying after Thursday’s limit-up close and reminders of stepped-up Chinese demand for U.S. pork, traders said. Benchmark April lean hog futures on the Chicago Mercantile Exchange (CME) settled up 1.375 cents, at 66.25 cents/lb. (all figures US$). […] Read more