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CME February 2019 lean hogs, with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs sag on technical selling, soft cash

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more
CME February 2019 lean hogs, with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs drift lower on weak cash values

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures closed mostly lower on Tuesday, with the benchmark February contract falling for the fourth session out of the last five after hitting a contract high last week. “The cash market continues to struggle. It’s a battle between reality and the ASF (African swine fever) headlines,” said Craig […] Read more
CME February 2019 lean hogs with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs decline as cash values soften

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Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures fell on Monday on softer cash values and reduced demand for hogs from packers who were cutting kills, traders said. Live cattle futures were modestly lower while feeder cattle ended mixed, with front-month January declining and back months firming. Chicago Mercantile Exchange lean hog futures fell despite […] Read more
CME January 2019 feeder cattle, with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures rally after bullish USDA data

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle futures were higher on Wednesday, extending earlier small gains after government supply reports showed fewer-than-expected U.S. cattle supplies, traders said. U.S. Department of Agriculture monthly Cattle on Feed data showed 11.692 million cattle in U.S. feedlots as of Nov. 1. That figure was three per cent higher […] Read more
CME December 2018 lean hogs, with 100-day moving average. (Barchart)
Crops, Markets, Reuters

U.S. livestock: Lean hogs limit up on swine fever fears

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged on Friday and the three most active contracts closed up their daily trading limit on rising concerns about the spread of African swine fever in China, traders said. Technical buying accelerated gains, lifting several deferred-month contracts to life-of-contract highs. “African swine fever fears are […] Read more
CME February 2019 lean hogs, with 200-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs rise on technical buying, demand outlook

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for a fourth straight session on Thursday, lifted by technical buying and good demand for pork, traders said. Persistent concerns about the spread of African swine fever in China, the world’s top hog and pork producer, also underpinned prices as forecasts for big global […] Read more
CME December 2018 live cattle, with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle slip on weak cash outlook, lower beef

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Wednesday as a weak tone to the cash cattle market and lower beef prices anchored futures, traders said. Lower equities markets also cast a shadow over cattle futures as the Dow Jones Industrial Average fell for a fourth consecutive day, raising concerns about […] Read more
(Darcy Maulsby/iStock/Getty Images)
Hogs, Markets, Reuters

Hog industry worldwide getting slaughtered in trade war

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Reading Time: 5 minutes Beijing/Chicago/Carambei | Reuters – Ken Maschhoff, chairman of the largest U.S. family-owned pork producer, has watched profits fall as trade tensions rise between the United States and China. His company, The Machhoffs, has halted U.S. projects worth up to $30 million and may move some operations overseas. Investing in domestic operations now would be “ludicrous” […] Read more
CME December 2018 live cattle with 20-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures ease ahead of USDA report

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Friday, with both live cattle and lean hogs easing on worries that U.S. supplies were growing faster than demand, traders and analysts said. Cattle futures declined ahead of the U.S. Department of Agriculture’s monthly Cattle on Feed report, which was released after the […] Read more
Hogs, Livestock, Reuters

China culls 200,000 pigs due to African swine fever – official

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Reading Time: < 1 minute China | Reuters – China, the world’s top pork producer, has culled 200,000 pigs so far following outbreaks of highly contagious African swine fever in the country, a Chinese animal health official said on Friday. While that represents only a tiny portion of the nearly 700 million pigs slaughtered in China each year for sale as pork, restrictions […] Read more

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