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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Nearby live cattle futures jump on short covering, positioning

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Chicago | Reuters – Live cattle futures rallied on month-end short covering and position squaring on Wednesday, with the nearby contract hitting its highest price in almost eight months, traders said. Front-month CME October live cattle settled up 1.950 cent at 115.850 cents per pound and reached its highest price since March 6. Most-active December […] Read more
Russia had placed temporary restrictions on imports of pork and beef products from Brazil in 2017. Photo: Getty Images
Beef Cattle, Hogs, Reuters

Russia to resume beef, pork imports from Brazil

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Moscow/Sao Paulo | Reuters – Russia’s agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products. Russia’s Rosselkhoznadzor had placed temporary restrictions on imports of pork and beef products from […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures fall on concerns over increasing supplies

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Chicago | Reuters – Live cattle futures dropped to their lowest prices in more than a week on Tuesday and feeder cattle futures fell to seven-week lows on worries about increasing U.S. supplies, analysts said. Feedlots were offering to sell some 5,000 more cattle than a week ago, said Rich Nelson, chief strategist for Illinois-based […] Read more
(Darcy Maulsby/iStock/Getty Images)
Hogs, Markets, Reuters

Hog industry worldwide getting slaughtered in trade war

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Beijing/Chicago/Carambei | Reuters – Ken Maschhoff, chairman of the largest U.S. family-owned pork producer, has watched profits fall as trade tensions rise between the United States and China. His company, The Machhoffs, has halted U.S. projects worth up to $30 million and may move some operations overseas. Investing in domestic operations now would be “ludicrous” […] Read more
Photo: Canada Beef Inc.
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Live cattle slip from 3-week high in technical setback

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Chicago | Reuters – Chicago Mercantile Exchange live cattle futures dropped on Thursday in a technical-selling and profit-taking setback after scaling to three-week highs the previous day. Strengthening cash beef prices and government data showing smaller-than-expected cattle supplies at feedlots had supported the market earlier this week. “Coming out of the cattle on feed report, […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs end limit-up on African swine fever jitters

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Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more
U.S. livestock: Cattle futures slip from two-week high; hog futures firm
Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures slip from two-week high; hog futures firm

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures eased on Tuesday, retreating from a two-week high hit on Monday on a round of profit taking, traders said. Hog futures were higher, supported by a U.S. government report released after the close on Monday that showed supplies were tighter than expected. The most active December […] Read more
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Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures rebound on supply reports

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Chicago | Reuters – Chicago Mercantile Exchange cattle and hog futures rose on Monday, bouncing back from Friday’s decline as traders digested government reports that showed supplies, while remaining abundant, were less than expected. Concerns about the spread of African swine fever in China added support. The U.S. Agriculture Department on Monday reported that beef in cold […] Read more

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