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U.S. livestock: CME hogs limit down on demand concerns
Livestock, Markets, Reuters

U.S. livestock: CME hogs limit down on demand concerns

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Reading Time: < 1 minute Chicago | Reuters — CME lean hog futures fell sharply on Friday, with the most-active October contract notching a limit-down move as traders worried that seasonal growth in supplies will outstrip demand. Weakness in the cash market also spilled over into the futures, traders said. The demand concerns stemmed from uncertainty about potential purchases from […] Read more
U.S. livestock: Hog futures sink to five-month low
Livestock, Markets, Reuters

U.S. livestock: Hog futures sink to five-month low

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) hog futures fell to a five-month low on Thursday, pressured by big supplies that overwhelmed any optimism about news that China made its biggest purchases of U.S. pork in seven weeks, traders said. The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 […] Read more
U.S. livestock: Cattle futures mixed, hogs firm
Livestock, Markets, Reuters

U.S. livestock: Cattle futures mixed, hogs firm

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) cattle futures were mixed on Wednesday, with deferred months mostly higher on bargain buying after hitting multiyear lows on Tuesday. But nearby live cattle contracts continued to weaken. The front-month contract hit its lowest level since October 2016 on expectations that the shutdown of a major beef […] Read more
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Beef Cattle, Livestock, Weather

Beef sector sees place in UN report’s lower-emission vision

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Reading Time: 3 minutes While a new United Nations report on climate change and land calls for “rebalancing diets,” the policy paths it seeks are a good fit for beef cattle ranching as Canadians know it, the Canadian Cattlemen’s Association says. Responding Thursday to the report from the UN’s Intergovernmental Panel on Climate Change (IPCC), the CCA said Canada’s […] Read more
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

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