CME April 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Lean hogs end firm in rebound after contract lows

Live cattle up on bargain buying

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mostly higher on Monday, with the benchmark April contract rebounding from a life-of-contract low on slightly firmer cash markets, traders said. Rallies were capped by continued uncertainty about the impact of the coronavirus on demand for commodities in China, the world’s top pork consumer. Fears of economic […] Read more



CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hogs limit down to contract lows

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures sank by their daily trading limit to contract lows on Thursday under pressure from hefty supplies and fears about the spreading coronavirus outbreak. Cattle futures also hit multi-month lows. U.S. hog supplies are large after farmers expanded their herds to supply new processing plants. But traders are now […] Read more


CME April 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs, cattle sink to multi-month lows

Ample supplies drag on cattle futures

Reading Time: < 1 minute Chicago | Reuters — U.S. hog and cattle futures dropped to fresh multi-month lows on Wednesday. Ample supplies and weakening cash markets weighed on the cattle contracts while concerns about demand from China pressured hog futures. The pressure on cattle comes at a time of year when the market tends to find support due to […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market lacks buying interest

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $2-$5 lower on average. Values in Alberta were relatively unchanged but markets in the eastern Prairie regions appeared to trade $4 to as much as $6 below week-ago levels. Alberta yearlings were relatively unchanged, but noticeable slippage was noted in the non-major feeding regions. Feedlots […] Read more


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‘Weak positive’ PED turns up in Alberta sample

Reading Time: 2 minutes A “weak positive” finding of the porcine epidemic diarrhea (PED) virus from ongoing sampling in Alberta offers a warning that the hog disease may not have yet left the province alone. The chief provincial veterinarian’s office (OCPV) on Monday reported that the agriculture department’s lab in Edmonton on Jan. 22 found a weak PED positive […] Read more



(JBSs.infoinvest.com.br)

Chinese meat packing giant locks in JBS supply

Reading Time: < 1 minute The world’s biggest pork packer is poised to source additional beef, poultry and pork from the world’s biggest meat packing firm. Brazil’s JBS announced Monday it has signed a memorandum of understanding with Hong Kong-based WH Group for “supply and distribution of fresh beef, poultry and pork to the Chinese market” starting in the first […] Read more

A transmission electron microscopy image of the first isolated case of the new 2019 coronavirus, as obtained by Reuters on Jan. 27, 2020. (Handout image courtesy IVDC, China CDC via Reuters)

Virus concerns add more uncertainty to cattle market

Reading Time: 2 minutes MarketsFarm — Cattle futures in Chicago dropped hard over the past few days, as mounting concerns over the new coronavirus in China triggered a broad-based selloff in global equities and commodities. While the virus adds an extra layer of uncertainty to the North American cattle market, expectations for solid beef demand should remain supportive for […] Read more