Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell for a second straight day on Thursday as weak pork prices and nervousness about trade talks between the U.S. and China weighed on the market, traders and analysts said. Officials from both countries are meeting in Beijing this week to try to hammer out a deal […] Read more
U.S. livestock: Lean hogs stumble on weak pork, trade unease
U.S. livestock: Hog futures decline on technical selling
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs extended their decline to the fourth consecutive session on Friday, easing on technical selling and weaker pork prices, traders said. The most active April hogs contract dropped to a fresh five-month low and has now declined in 12 out of the past 14 sessions. The contract […] Read more
U.S. livestock: Hogs extend slide on weak cash, pork prices
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures declined for the third day in a row on Wednesday as prices for pork and hogs in cash markets continued to weigh on futures, traders and analysts said. Most-active Chicago Mercantile Exchange April hogs dropped to the lowest levels in five months and its premium over the […] Read more
U.S. livestock: Hog futures drop on weak pork prices
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more
U.S. livestock: Cattle, hog futures climb on technical buying
Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures were higher on technical buying on Monday, with live cattle nearing recent contract highs and lean hogs rebounding from a multi-month low reached on Friday, traders and analysts said. Firmer prices for pork and beef in the wholesale market also buoyed futures. Hogs jumped as much as four […] Read more
U.S. livestock: Hogs jump on gains in cash hogs, pork prices
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged over four per cent on Tuesday, rising to the highest levels in three months on support from gains in prices for hogs in cash markets and wholesale pork, traders said. A lower U.S. hog slaughter in recent days due to Hurricane Florence limited pork […] Read more
Canadian hog prices on rebound
Reading Time: 2 minutes CNS Canada — Improving trade relations and the emergence of swine fever in China have made their presence felt on the Canadian hog market. Weekly signature No. 5 base slaughter weight cash hog prices averaged $117.83 per 100 kg as of Friday, up by roughly $15 over the past two weeks. Those numbers are a […] Read more
Trade uncertainty weighs on Manitoba pork prices
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
U.S. livestock: CME hogs stumble on lower cash, pork prices
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures ended lower on Thursday after packers paid less money for market-ready, or cash, hogs as prices for pork at wholesale eased, said traders. Packer interest in raising hog bids waned in the midst of plentiful supplies and while Smithfield Foods closed some of their plants to […] Read more
Hog prices steadying as barbecue season nears
Reading Time: 2 minutes CNS Canada — With barbecue season on the horizon, prices for Canadian pork rose during the week ended April 27, breaking out of their month-long fall. The timing could be perfect, as negotiators have already begun working on improving trade relations and cancelling proposed tariffs on Chinese imports of U.S. pork and other goods. “Prices […] Read more
A message from April Stewart, Country Guide's Associate Editor
