Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Friday, supported by underlying strength in the cash markets and tighter cattle slaughter, analysts said. August live cattle futures LCQ3 added 2.400 cents to 180.900 cents per pound. Most-active October live cattle LCV3 lifted 1.600 cents to settle at 182.900 cents per pound. […] Read more
U.S. livestock: CME cattle firm on steady-higher cash
Lean hog futures regained after softening on Thursday
U.S. livestock: CME live cattle ease despite cash market support
Despite losses, supportive fundamentals remain for live cattle
Reading Time: 1 minute Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, pressured by macroeconomic weight as a downgrade that stripped the U.S. of its top credit rating rippled throughout markets, analysts said. Despite losses, supportive fundamentals remain for live cattle. “We’re still going into smaller numbers,” said Joe Kooima, commodity broker at Kooima […] Read more
U.S. livestock: CME live cattle firms on strong cash market
Lean hog futures eased after reaching fresh four-month highs
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange live cattle futures gained on Tuesday, helped by strong cash prices and technical support, analysts said. “Cash market is still hanging in there at $179 to $180 area. More than that in the north. So August was too big of a discount,” said Alan Brugler, president of Brugler […] Read more
U.S. livestock: CME lean hog futures climb on strong demand
SubtitleCattle futures were pressured by softer cash prices and uncertain consumer demand
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange hog futures climbed to nearly four-month highs on Monday, supported by strong demand. “Cash trade got off to a good start. There’s margin out there with where fresh pork values are at. I think that’s helping to move things along,” said Matthew Wiegand, risk management consultant at FuturesOne. […] Read more
U.S. livestock: CME lean hog futures reach one-week high
For beef processors, margins are worsening
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange livestock futures rose on Friday, with the hog market reaching its highest price in a week as profit margins improved for pork processors. The hog market has turned higher after dropping to a one-week low on Wednesday. Most-active October lean hog futures LHV3 ended up 1.775 cents to […] Read more
U.S. livestock: feeder cattle futures gain boost from corn market weakness
Meat packers continued to see profit margins stay in the red
Reading Time: < 1 minute Meat packers continued to see profit margins stay in the red
U.S. livestock: live cattle futures end mixed; feeders pressured as corn soars
Persistent poor pasture conditions pushing producers to place more cattle in feedlots: analysts
Reading Time: < 1 minute Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange Group closed mixed on Monday, with nearby contracts pressured by surging feed grain prices and bearish data in Friday’s monthly U.S. Cattle on Feed report. CME August live cattle futures LCQ3 settled down 1.275 cents at 178.750 cents per pound and most-active October LCV3 […] Read more
Vietnam approves commercial use of first African swine fever vaccines
U.S. Agriculture Secretary says farmers may purchase as precaution despite no domestic cases
Reading Time: < 1 minute Hanoi | Reuters – Vietnam has approved the domestic commercial use of two home-grown vaccines against African swine fever, the government said on Monday, making them the world’s first commercial vaccines against the deadly disease. The vaccines include NAVET-ASFVAC, co-developed by Navetco Central Veterinary Medicine and scientists from the United States, and AVAC ASF LIVE […] Read more
U.S. Livestock: cattle futures fall, supplies remain tight
USDA says farmers raising the fewest number of beef cows since 1971
Reading Time: < 1 minute Chicago | Reuters – Chicago Mercantile Exchange Group live cattle futures weakened on Friday but remained near all-time highs hit a day earlier as traders squared positions ahead of key government supply reports. Traders said that the market faced pressure from profit-taking but weakness in the corn market helped limit the decline. August live cattle futures […] Read more
Rain in China’s northeast brings relief for corn, drought risk remains
An oversupply of hogs, weak demand are pressuring pork prices
Reading Time: 2 minutes Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop […] Read more
A message from April Stewart, Country Guide's Associate Editor
