U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

U.S. livestock: Lean hogs end mixed as trade gauges trade war impact

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures were mixed on Friday in choppy trading as investors weighed rising pork prices against weak cash hog values and rising concerns about pork exports to China. Spread trading steered some contracts up sharply while others, including actively traded October and December futures, retreated. “Spreads […] Read more

U.S. livestock: Lean hogs rally for second day

U.S. livestock: Lean hogs rally for second day

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

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

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

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

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


CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)

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

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

CME October 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

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

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)

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

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


CME August 2019 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures weaken as beef prices decline

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures slumped on Tuesday as concerns about declining beef prices continued to hang over the markets. Decreasing beef prices have spurred expectations that meat packers such as Tyson and Cargill may be less aggressive when bidding to buy cattle, said Mike Sands, […] Read more

CME October 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more