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(Dave Bedard photo)
General, Markets, Reuters

U.S. maps out tariff-related direct payments to farmers

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture said on Monday its farm aid package would include US$4.7 billion in direct payments to farmers to help offset losses from retaliatory tariffs on U.S. exports this season. The bulk of the payments, $3.6 billion, would be made to soybean farmers (all figures US$). That amounts […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs ease for second day

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Reading Time: < 1 minute Chicago | Reuters — Front-month U.S. hog futures fell on Tuesday for a second straight session on technical selling and doubts about whether trade talks this week between China and the U.S. would ease tensions, traders said. CME Group live cattle futures settled modestly higher while feeder cattle futures declined. Most-active CME October lean hog […] Read more
(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: Hogs close limit up on hopes of export pick-up

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Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rallied on Thursday, with most contracts closing at their daily trading limit, on hopes that exports to China will pick up after Washington and Beijing agreed to open trade negotiations, traders said. China and the U.S. will hold lower-level trade talks this month, the two governments said, offering […] Read more
Andrew Dickson. (Manitoba Co-operator file photo by Shannon VanRaes)
Hogs, Livestock, Markets

Trade uncertainty weighs on Manitoba pork prices

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Reading Time: 2 minutes CNS Canada –– An ongoing trade battle between China and the U.S., along with general uncertainty in global trade, is starting to put a damper on Manitoba pork prices. In Canada, the formula price used by domestic farmers is based on the national base price in the U.S. That price is determined by a formula […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs rise on bargain buying

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Reading Time: < 1 minute Chicago | Reuters –– U.S. hog futures rose on Wednesday on a mild bargain buying bounce after prices sank to a 4-1/2 month low early in the session, traders said. Bargain hunting also propped up cattle futures. Gains in cattle and hogs were limited due to a lack of fresh news. CME August live cattle […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Technical buying supports cattle futures

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures rose on Tuesday, supported by technical buying after falling on Monday, traders said. The benchmark Chicago Mercantile Exchange October live cattle futures contract found support at its 100-day moving average. The market has not closed below that key technical point since July 13. Hog futures were mixed, with […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle drop on weak cash markets, rising supply

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures fell on Monday, weighed down by weakness in the cash market, traders said. Weekly slaughter estimates showed supplies up from a year ago and last week, adding pressure to the market. Hog futures were firm, supported by rising values for the pork cutout. Chicago Mercantile Exchange August live […] Read more

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