U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

U.S. livestock: Lean hogs tumble on worsening U.S.-China trade ties

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell sharply on Tuesday as growing tensions between Washington and Beijing fueled worries about U.S. pork exports. China, the world’s largest hog and pork market, has threatened to halt all purchases of U.S. agricultural products after U.S. President Donald Trump announced he would slap […] Read more

CME October 2019 lean hogs (candlesticks) and October live cattle (line). (Barchart)

U.S. livestock: Hog futures swing wildly as trade war intensifies

Chicago | Reuters — Chicago Mercantile Exchange (CME) livestock futures swung wildly on Monday, with the most-active October lean hog futures going nearly limit-up and -down in the same trading session, amid growing tensions in the U.S.-China trade war. China’s commerce ministry said that Chinese companies have stopped buying U.S. agricultural products, and that China […] Read more



Photo: iStock/File

U.S. livestock: Futures rally on choppy grains, hopes for Chinese buying spree

Chicago | Reuters – Chicago Mercantile Exchange (CME) live hog futures rallied on Tuesday, as competition among packers for spot delivery grew and animal weights slipped after the recent U.S. heat wave, traders said. Live cattle futures also inched up, supported in part by choppy trading in U.S. grain futures and growing questions of whether […] Read more


Order buyers have been very busy fielding calls for available cattle.  Photo: Thinkstock

Klassen: Yearling prices surge

Compared to last week, Western Canadian yearling prices were $3 to as much as $10 higher while calves traded $2 to $5 above week-ago levels.  Most auction barns remain in holiday mode; however, order buyers were extremely busy fielding calls for available cattle. This caused the yearling market in Western Canada to divorce from the […] Read more