Cattle futures on the Chicago Mercantile Exchange were mixed on Tuesday, seeing continued strength in the front months at the close while edging lower in the more deferred contracts.
Both live and feeder cattle futures made healthy gains to start the trading week at the Chicago Mercantile Exchange, and boxed beef continued to climb on strong consumer demand.
Beijing has renewed registrations that allow hundreds of U.S. pork and poultry facilities to export to China, industry groups said on Monday, after lapses threatened shipments to the world's largest meat importer.
Tariffs make it more complicated for Smithfield Foods, the biggest U.S. pork processor, to sell all parts of a pig, CEO Shane Smith said on Wednesday, and may disrupt imports of Canadian weanlings.