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U.S. pork demand strong, but trade disputes could hit exports

By Michael Hirtzer, Theopolis Waters February 13, 2018

American consumers are snapping up plentiful low-cost pork, but U.S. farmers are worried that trade spats with key export markets in China, Mexico and Canada could hurt a lucrative part of their pork business. The domestic demand outlook remains bright, thanks to the strong U.S. economy, upcoming spring grilling season and Easter holiday ham purchases.[...]

Hogs, News

Bacon fans stay loyal, but futures wobble

By P.J. Huffstutter, Theopolis Waters November 6, 2015

Standing at the meat counter at a Mariano’s grocery store in Chicago, a half-dozen customers bantered with the butchers about the recent World Health Organization report linking processed meat to colorectal cancer. “Give me two pounds of bacon,” said Roland Marks, 47, a software engineer, rolling his eyes. “I’ll take my chances.” It is too[...]

News

Tyson takes lead with Zilmax ban, higher beef prices may follow

By Theopolis Waters August 15, 2013

When top U.S. meat packer Tyson Foods Inc. abruptly announced it would stop buying cattle fed with a widely used drug that can add more than 30 pounds to the average steer, the implications for markets were clear: less meat, higher prices. Tyson, which buys about one in four of all U.S. cattle for slaughter,[...]

Hogs, Livestock

Smithfield says it will meet China’s deadline on pork

By Theopolis Waters March 1, 2013

China wants third-party verification that imports are free of the additive that promotes lean muscle growth

Smithfield Foods Inc., the world’s largest pork processor, said Feb. 21 it will be able to supply pork that is free of the feed additive ractopamine in time to meet a March 1 deadline by China. China, the world’s largest pork consumer and the third-largest market for U.S. pork with sales of over $800 million last[...]

U.S. livestock: Strong cash prices lift CME hogs

October 18, 2017

Chicago | Reuters -- Chicago Mercantile Exchange lean hogs on Wednesday shrugged off some of Tuesday's declines, helped by short-covering and rising prices for slaughter-ready, or cash, hogs, said traders. December futures led advances after investors bought that contract and simultaneously sold deferred months in a trading strategy known as bull spreads. Fund buying developed[...]

Beef cattle, Livestock, News

California drought delays cattle herd building

By Theopolis Waters March 27, 2014

California’s recent rains brought only short-term relief to the state which is suffering its worst drought in a century, leaving cattle rancher Kevin Kester to stick to his strategy of salvaging as much of his operation as possible for his three children to have a future in the cattle business. “We have a plan to[...]

U.S. livestock: Live cattle limit up on strong cash prices

June 1, 2017

Chicago | Reuters -- Chicago Mercantile Exchange live cattle settled up their three cent per pound daily price limit on Thursday, fueled by short-covering following stronger-than-expected cash prices, said traders. Fund buying and futures' discounts to this week's cash returns enhanced market gains, they said. June and August closed limit up at 127.425 and 124.7[...]

Hogs, Livestock, Livestock Markets

Analysts expect fewer pigs and higher prices next year 

By Theopolis Waters November 29, 2012

Pork stocks in U.S. warehouses in September soared to a record high for that month, a sign the rush to market hogs this summer due to high feed costs may mean fewer hogs and less pork next year. The bulk of the price gains could come in the second half of next year, analysts said. “We slaughtered[...]

U.S. beef packer margins soar as cattle prices fall

May 24, 2018

Chicago | Reuters -- U.S. beef packers including Tyson Foods and Cargill are racking up historically high margins, thanks to slumping cattle prices amid a supply glut and as Americans turn to beef for their backyard summer barbecues. Supermarkets are stocking up on steaks, hot dogs and hamburgers for the May 26 U.S. Memorial Day[...]

U.S. livestock: CME live cattle retreat on softer cash price outlook

August 14, 2017

Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures fell on Monday on expectations for lower prices for slaughter-ready, or cash, cattle this week amid ample supplies, traders said. The decline triggered pre-determined sell orders, and funds sold the October contract after it slipped beneath its 200-day moving average of 107.183 cents (all figures[...]

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

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U.S. pork demand strong, but trade disputes could hit exports

Bacon fans stay loyal, but futures wobble

Tyson takes lead with Zilmax ban, higher beef prices may follow

Smithfield says it will meet China’s deadline on pork

U.S. livestock: Strong cash prices lift CME hogs

California drought delays cattle herd building

U.S. livestock: Live cattle limit up on strong cash prices

Analysts expect fewer pigs and higher prices next year

U.S. beef packer margins soar as cattle prices fall

U.S. livestock: CME live cattle retreat on softer cash price outlook

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