U.S. livestock: Live cattle hit contract highs on weather woes

U.S. livestock: Live cattle hit contract highs on weather woes

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more






Workers sort cuts of fresh pork in a processing plant of pork producer WH Group in Zhengzhou in China’s Henan province in this file photo, taken through glass, from Nov. 24, 2017. (File photo: Reuters/Dominique Patton)

U.S. seizes pork from China on swine fever concerns

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