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An eight-year-old handler walks her best-in-class York Barrow pig on June 4, 2014 at World Pork Expo in Des Moines. (File photo: Reuters/Lane Hickenbottom)
Hogs, Livestock, Reuters

World Pork Expo cancelled over swine fever fears

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Reading Time: 2 minutes Chicago | Reuters — The U.S. pork industry canceled its annual convention on Wednesday over concerns that international attendees could bring in an incurable hog disease at a time when U.S. farmers are already suffering from trade wars. The decision to scrap the World Pork Expo, held by the National Pork Producers Council in Des […] Read more
U.S. livestock: CME hogs limit down, retreating from last week’s top
Livestock, Markets, Reuters

U.S. livestock: CME hogs limit down, retreating from last week’s top

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Reading Time: 2 minutes Chicago | Reuters — Most months of Chicago Mercantile Exchange lean hog futures closed down the daily three-cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. “The cash market has slowed down. It was down a little yesterday and the carcass values were weaker this […] Read more
U.S. livestock: CME hogs lower as rally pauses
Livestock, Markets, Reuters

U.S. livestock: CME hogs lower as rally pauses

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday’s contract highs, traders said. “Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back,” said Altin Kalo, agricultural economist for New Hampshire-based […] Read more
CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hog futures rise again with swine fever in focus

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly higher on Friday as speculators continued to push prices higher due to concerns about African swine fever in China, traders said. The spread of the deadly virus has raised expectations of a pick-up in demand from China, the world’s top pork buyer. “The […] Read more
CBOT May 2019 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Trade hopes spur gains in soy futures

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed for the third time in four sessions on Thursday, supported by a better-than-expected export report and hopes for a trade deal with China, traders said. Corn futures also closed in positive territory, with more rain in the U.S. Midwest sparking fresh concerns about planting delays in key […] Read more
CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures extend rally as African swine fever spreads

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday for the third day in a row, supported by expectations that the spread of deadly African swine fever in China would boost demand from the world’s top pork buyer. The most-active June hogs contract closed up three cents, the daily trading limit. […] Read more
ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola bearish with or without China

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Reading Time: 2 minutes MarketsFarm — ICE Futures canola contracts saw a modest correction off of major support over the week ended Wednesday, but the longer-term trend remains pointed lower with large old-crop supplies and uncertain export prospects overhanging the market. Canadian canola exports to China are effectively non-existent right now, with the absence of that major customer casting […] Read more
CME May 2019 hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME hogs rally on hopes for increased exports to China

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures charged higher on Wednesday, with the May contract surging 5.4 per cent, on hopes for a trade deal with China that would boost exports to the world’s largest consumer of pork. “U.S.-China trade talks restart in D.C. today and most accounts have those negotiations going […] Read more

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