Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday for the third day in a row, supported by expectations that the spread of deadly African swine fever in China would boost demand from the world’s top pork buyer. The most-active June hogs contract closed up three cents, the daily trading limit. […] Read more
U.S. livestock: Hog futures extend rally as African swine fever spreads
U.S. livestock: June hogs limit up on swine fever concerns
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures rallied on Tuesday, with some contracts closing up their daily trading limit, as expectations for a bump in export deals to China, traders said. The gains were ignited by the announcement on Monday by China’s agriculture ministry that African swine fever has been found […] Read more
U.S. livestock: Lean hogs limit down as export sales disappoint
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures plunged more than three per cent on Thursday as disappointing export sales data triggered profit-taking following the market’s recent run to the highest in more than eight months, traders said. Contracts from May to December closed down the daily three-cent limit, including actively traded […] Read more
China’s pork imports seen doubling in 2019 on swine fever impact
Reading Time: 2 minutes Wuzhen, China | Reuters — China’s 2019 pork imports are set to double from last year to two million tonnes, a Rabobank analyst said on Thursday, as African swine fever hits production of the meat in the world’s top hog market. China has reported 113 outbreaks of the contagious disease since last August, though farmers […] Read more
U.S. livestock: Hogs limit up on China swine virus fears
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures soared by the company’s daily price limit to new contract highs on Wednesday on increasing worries about the spread of a deadly hog disease in China. Traders expect that China, the world’s biggest hog producer and pork consumer, will need to import more U.S. pork […] Read more
U.S. livestock: Hog futures rise on pork export optimism
Reading Time: 2 minutes Chicago | Reuters — U.S. front-month hog futures surged on Monday, extending last week’s advances on expectations of additional export sales to China, where African swine fever has decimated the world’s largest hog herd, traders said. “We had that huge sale of pork to China last week, and the market is anticipating more sales,” said […] Read more
U.S. seizes pork from China on swine fever concerns
Reading Time: < 1 minute Washington | Reuters — U.S. border agents have seized around one million pounds of pork from China, a spokesman for the agency said on Friday, over suspicions that it might contain African swine flu disease which has hit Chinese pork output. Federal agents have seized the supplies over the past week in New York. “The […] Read more
U.S. livestock: Hogs limit up as swine fever cuts Chinese herd
Reading Time: < 1 minute Chicago | Reuters –– U.S. hog futures rallied to a five-month high on Friday, closing at their daily trading limit on improving export prospects due to a sharp reduction in China’s domestic supplies, traders said. China’s pig herd slid 16.6 per cent in February from the previous year, as African swine fever swept the country, […] Read more
Canada to boost airport detector dog corps
Reading Time: 2 minutes With African swine fever top of mind, the federal government plans to more than double the total number of detector dog teams at Canada’s airports within five years. Agriculture Minister Marie-Claude Bibeau, speaking in Montreal Thursday, announced new funding of up to $31 million over five years to add 24 Food, Plant, and Animal Detector […] Read more
U.S. livestock: Hog futures rally on improving export prospects
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures jumped 3.5 per cent on Thursday, supported by signs that exports could pick up due to rising Chinese demand, traders said. China bought 23,846 tonnes of U.S. pork last week, its biggest purchase in nearly two years, U.S. Department of Agriculture data showed on Thursday. Chinese hog prices […] Read more
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