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Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle futures rise on expectations of beef demand; hogs ease

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Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, analyst with Brock Capital Management.
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures touch four-week high

Chicago cattle futures ease

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Chicago | Reuters — U.S. hog futures rose for the fourth straight trading session on Monday, as the market continued to see support from a government report last week that showed smaller-than-expected national inventory numbers, traders said. Most-active February hog futures settled the day up 0.425 cent at 83.65 cents/lb. (all figures US$). Earlier in
CME February 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures touch four-week high

USDA reports see smaller hog herd, slightly fewer cattle on feed

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Chicago | Reuters — U.S. hog futures touched a four-week high on Thursday before retreating and may rise further next week because of smaller-than-expected national inventory numbers, analysts said. The U.S. hog herd totaled 74.2 million head on Dec. 1, down four per cent from a year earlier, the U.S. Department of Agriculture said in
manitoba livestock auction results
Livestock, Livestock Markets, Markets

Sales end for 2021, producers look to 2022

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Cattle auction sites across Manitoba are saying goodbye to a challenging 2021 and looking forward to what 2022 has in store. Many auction sites conducted their final regular sales of the calendar year during the week ended Dec. 16. In total, 7,594 cattle went through the rings, compared to the 7,910 (excluding Virden’s numbers) during
CME February 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs approach four-week high

Cattle futures also rise

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Chicago | Reuters — Chicago Mercantile Exchange hog futures jumped to their highest prices in about four weeks on Wednesday, while cattle futures also advanced. Futures could come under pressure early on Thursday from monthly U.S. Department of Agriculture data that showed frozen pork supplies on Nov. 30 were down eight per cent from the
File photo of Korean braised short ribs. (Sungsu Han/iStock/Getty Images)
Beef cattle, Livestock

Korea suspends Canadian beef imports after BSE case

No other countries yet considering suspensions, CFIA says

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Winnipeg | Reuters — South Korea has suspended beef imports from Canada, which last week reported its first case of bovine spongiform encephalopathy (BSE) in six years, the Canadian Food Inspection Agency said Wednesday. South Korea, the fourth-largest beef importer in the world, is seeking more information about the case before lifting its suspension, the
CME February 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hog futures sag as broad selling hits markets

Crude, U.S. equities caught in sell-off

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures slumped on Monday as traders reduced risk in the face of rising coronavirus cases, brokers said. Selling hit a range of markets including crude oil, which lost more than three per cent, and U.S. stocks. “The risk-off trade is back today,” said Dan Norcini, an independent

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