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CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall

Cattle futures mixed

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Chicago | Reuters — U.S. hog futures fell on Wednesday, turning lower on a round of profit-taking after the most-active December contract hit its highest in more than three weeks early in the trading session. Cattle futures were mixed, with live cattle contracts easing for the second day in a row while feeder cattle futures […] Read more
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Live cattle futures slip from seven-year peak

Hogs up on technical buying

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell after hitting their highest in seven years on Monday. Feeder cattle futures continued to weaken, with the front-month contract dropping to a five-week low, as the prospect of high feeding costs due to strong corn prices pressured the market. Hog futures firmed on technical […] Read more
CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hog futures weaken

Live cattle futures gain, feeder cattle under pressure

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures eased on Monday as the U.S. Agriculture Department lifted its forecast for domestic pork production and lowered its price outlook for pigs for this year. The department, in a monthly report, raised its estimate for pork production in the third quarter by 0.9 per cent […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle up on demand, tightening supplies

Hogs up on technical bounce

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday in tandem with higher equities and energy markets as a robust slaughter pace and concerns about reduced cattle supplies in the coming months fueled buying. Packers have accelerated their daily slaughter pace following plant downtime around Monday’s Labour Day holiday and they […] Read more
Prince Charles (now King Charles III) visits Shane Fitzgerald’s Kil Mige Mogue farm near Waterford in southeast Ireland on March 24, 2022. (Photo: Reuters/Phil Noble/Pool)
General, Reuters, Weather

What will King Charles’s reign mean for climate action?

Some projects may be handed to other family members

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London | Thomson Reuters Foundation — As Britain’s King Charles III begins his reign after the death of his mother, Queen Elizabeth II, environmental campaigners will be watching closely to see if he continues to advocate for climate action and is able to help drive change as monarch. In his first speech to the nation […] Read more
CME December 2022 lean hogs (candlesticks) with 100-day moving average (black line, right column) and CME cash lean hog index (pink line, left column). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME lean hogs mostly lower on weak cash market

Chicago live cattle mixed, feeders up

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly lower on Thursday as eroding cash hog prices weighed on the market along with weaker wholesale pork prices and slumping pork exports. Technical buying helped to underpin the actively traded October contract, the only month that closed higher on Thursday, while back month […] Read more
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle down on quiet cash trade

Hog futures narrowly mixed

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Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on Wednesday as quiet trade on the cash market fortified concerns about light demand, traders said. Hog futures were narrowly mixed, with short-covering providing support, while worries that a firm U.S. dollar will chill export demand for pork added pressure. Benchmark CME October live cattle […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb on cash market optimism

Lean hog futures also close higher

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures rose on Tuesday on hopes that the pace of slaughter of both cattle and hogs will pick up after slowing down for the U.S. Labor Day holiday weekend. Short-covering was also noted in hog futures after the front-month contract sank to its lowest since Feb. 9 […] Read more
File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock

Federal funding lined up for programs, planning against swine fever

Two-year package to go toward pork industry work

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The federal government is putting up an eight-figure funding wall to help prevent African swine fever from ever reaching Canada’s hog farms — and to prepare against any breach. Agriculture Minister Marie-Claude Bibeau said Aug. 26 the government will provide up to $45.3 million toward a three-pronged effort to boost disease prevention and preparedness: pork […] Read more
CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle climb on cash market optimism

CME lean hogs slip on cash market pessimism

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended higher on Friday on expectations of higher cash cattle prices next week and position-squaring ahead of a long U.S. holiday weekend, traders said. Benchmark CME October live cattle futures settled up 1.75 cents at 144.55 cents/lb., with December up 1.675 cents at 150.25 cents […] Read more

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