Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures settled narrowly mixed on Monday, with some contracts easing slightly after prices surged to six-month highs following strong sales in cash markets late on Friday, traders said. Front-month October live cattle jumped to a peak of 113.975 cents/lb., highest since March 14, before settling at 113.425 cents, […] Read more
U.S. livestock: Live cattle mixed on profit-taking
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
U.S. livestock: Live cattle end mixed
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures ended mixed on Thursday as nearby contracts were anchored by their premium to cash market prices while deferred months firmed to contract highs on a strong demand outlook, traders said. Feeder cattle futures followed deferred live cattle contracts higher, along with continued support from a slumping corn […] Read more
U.S. livestock: Lean hogs slip from three-week highs
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures settled mostly lower on Monday as early support from a swine fever outbreak in Asia and a hurricane off the U.S. East Coast faded and the market retreated from three-week highs. Technical selling in the overbought hog futures market added pressure. “The market is running out of […] Read more
U.S. livestock: October hogs limit up on cash prices, swine fever fear
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures surged on Thursday on rising cash hog prices and growing concerns about the spread of African swine fever in China, the world’s top hog and pork producer, traders said. Chicago Mercantile Exchange October futures closed up the daily three-cent-per-pound trading limit, aided by technical buying in the […] Read more
U.S. livestock: Hogs mostly up on worry over swine fever in China
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures were mostly higher on Wednesday on firm cash hog prices and concerns about the spread of African swine fever in China, the world’s top hog and pork producer, traders said. But the market closed below session highs and some contracts settled below prior-day levels as the impact […] Read more
U.S. livestock: Cattle rise on fund buying, strong beef demand
Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures climbed more than one per cent on Tuesday, fueled by fund buying on the first trading day of the month and strong demand for beef, traders and analysts said. Chicago Mercantile Exchange October live cattle finished 1.1 cents higher at 109.875 cents/lb. while December futures added 1.425 cents […] Read more
U.S. grains: Soy, corn hit six-week lows on record crop prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell to six-week lows Monday on expectations of large U.S. crops and fears that hog disease in China might hurt demand for feed, analysts said. Chicago Board of Trade wheat futures also declined, sliding for a sixth session. CBOT November soybeans settled down seven cents at […] Read more
China culls more pigs as authorities race to trace African swine fever source
Reading Time: 2 minutes Beijing | Reuters – China is culling over 1,300 pigs as authorities rush to control a fourth outbreak of African swine fever and try to trace the origins of the virus that first struck the world’s largest hog herd three weeks ago. Authorities in the eastern province of Zhejiang said they would slaughter 1,332 hogs […] Read more
U.S. livestock: Hogs close limit up on hopes of export pick-up
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
A message from April Stewart, Country Guide's Associate Editor
