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

U.S. livestock: Hogs reach two-month low

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to a two-month low on Thursday on large supplies and uncertainty over negotiations to boost trade with China, the world’s top pork consumer. Traders and meat producers are hoping for further U.S. pork sales to China, which is grappling with a fatal pig disease that has […] Read more
A deep storm surge that flowed during Hurricane Dorian from the Pamlico Sound back to the Atlantic Ocean swept this cow off her home range on North Carolina’s Cedar Island over to the barrier island in Cape Lookout National Seashore, where she was found in early September. (U.S. National Park Service photo by Jeff West)
Cow-Calf, Livestock, Reuters, Weather

Dorian swept swimming cows two miles to North Carolina beach

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Reading Time: 2 minutes Cape Lookout National Seashore, N.C. | Reuters — Three cows have been spotted beachcombing on a remote barrier island on North Carolina’s Outer Banks, swept to an unlikely grazing spot when Hurricane Dorian whipped waves powerful enough to carry them two miles from their home. One of the bovine bodysurfers was seen soon after the […] Read more
CME December 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs drop on large supply, trade war jitters

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Reading Time: 2 minutes Chicago | Reuters –– U.S. livestock futures dropped on Wednesday, with lean hogs stumbling under pressure from large supplies in a turnaround from a rally a session earlier. Fresh uncertainty over U.S.-China trade relations added pressure to the hog market, analysts said. Traders and meat producers are hoping for further U.S. pork sales to China, […] Read more
CME February 2020 live cattle, with five-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle jump as beef stocks tighten, funds buy

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Reading Time: 2 minutes Chicago | Reuters –– U.S. live cattle futures scaled to their highest point in 5-1/2 months on Wednesday as tighter-than-expected beef stocks and rising cash beef prices triggered active fund buying that took prices through key technical resistance levels. Actively traded contracts posted their strongest gains in nearly a month, breaking out of a narrow […] Read more
CME February 2020 lean hogs, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs end mostly higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed mostly higher on Monday as hopes for rising demand for U.S. pork exports, particularly from China, more than offset near-term pressure from plentiful hog supplies. Investor caution kept hog futures in a narrow trading range following a roller-coaster session on Friday in which the market surged […] Read more
CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle climb on hopes for higher cash trade

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Wednesday, extending a five-week rally tied to expectations of strong prices this week for cattle in the cash market, traders said. “Cash is $1-$2 higher every week, better than what people anticipated,” said Scott Varilek, a broker at Kooima and Kaemingk Commodities Inc. […] Read more

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