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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
U.S. livestock: Lean hogs bounce after sell-off, cattle also rise
Livestock, Markets, Reuters

U.S. livestock: Lean hogs bounce after sell-off, cattle also rise

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied as much as four per cent on Wednesday in a technical buying and short-covering bounce following a string of losses triggered by worries over exports to China. The world’s largest hog and pork market has threatened to halt all U.S. agricultural product purchases […] Read more
U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties
Livestock, Markets, Reuters

U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Tuesday as growing tensions between Washington and Beijing fueled worries about U.S. pork exports. China, the world’s largest hog and pork market, has threatened to halt all purchases of U.S. agricultural products after U.S. President Donald Trump announced he would slap […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Feeder prices ratchet higher

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Reading Time: 2 minutes Compared to last week, western Canadian yearling markets traded $3-$5 higher on average; however, there were a few feature sales quoted $8 to as much as $10 above week-ago levels. Finishing feedlots were fairly aggressive on backgrounded cattle, which was the main source of yearlings last week. Early grassers are starting to come on the […] Read more
CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures swing wildly as trade war intensifies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Feeder cattle markets remain firm

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Reading Time: 2 minutes Western Canadian feeder cattle prices were unchanged from seven days earlier. Strong buying interest was noted from finishing feedlots in Alberta. Orders flowed across the prairies keeping prices relatively even. U.S. feeder cattle markets traded $3 to as much as $8 higher in the Northern Plains which also underpinned prices in Saskatchewan and Manitoba. There […] Read more
Order buyers have been very busy fielding calls for available cattle. Photo: Thinkstock
Beef Cattle, Cow-Calf, Finishers, Livestock

Klassen: Yearling prices surge

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Reading Time: 2 minutes Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels.  Most auction barns remain in holiday mode; however, order buyers were extremely busy fielding calls for available cattle. This caused the yearling market in Western Canada to divorce from the […] Read more
CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs top five-week high on China demand expectations

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures reached their highest prices in more than five weeks on Friday on expectations for increased pork demand from China, the world’s top importer. Live cattle futures ended higher after dropping to their lowest prices in more than a week. Hog traders expect China, the […] Read more
CME August 2019 hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs near limit up on renewed pork export hopes

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared by the daily limit and approached a one-month high on Wednesday on renewed hopes that China will increase pork imports to compensate for pigs killed in a widespread outbreak of a fatal swine disease. China’s agriculture ministry said a new outbreak of African swine […] Read more

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