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CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures touch seven-week high

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures kicked off 2020 by approaching seven-week highs in gains driven by increasing expectations for bigger sales of American pork to China. China, the world’s largest pork consumer, needs larger imports to offset a domestic meat shortage caused by an outbreak of the fatal pig disease African swine fever. […] Read more
CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs stumble as supply trumps Chinese demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures dropped on Friday as pressure from large domestic supplies overshadowed an uptick in pork sales to China. Traders are keeping an eye on Chinese demand because China, the world’s biggest pork consumer, is grappling with a fatal pig disease, African swine fever. Farmers are hoping China will further […] Read more
CME February 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle placements top estimates

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle producers placed more animals than expected into feedlots last month, U.S. Department of Agriculture data showed on Friday, raising expectations for big supplies next summer. The increase in placements will likely pressure futures prices on Monday, brokers said. Meat producers and buyers are keeping a close watch on herd […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Machinery, Weather

New livestock transport rules include grace period for all sectors

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Reading Time: 2 minutes Enforcement of new federal rules for livestock transport, due to take effect Feb. 20, will focus on handler education and awareness for the first two years — and across all affected livestock species, not just cattle. The now-amended Humane Transportation of Animals regulations are meant to focus on the time frames during which animals are […] Read more
CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME cattle, hogs mixed on trade detail uncertainty

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Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures slipped on Tuesday, as uncertainty about details from the U.S.-China “Phase 1” trade agreement continued to make the market nervous, brokers said. Meanwhile, Chicago Mercantile Exchange (CME) live and feeder cattle futures continued to consolidate after Friday’s big price rally in the wake of the trade agreement news. […] Read more

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