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Pork

CME October 2021 lean hogs (candlesticks) with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Firm cash markets lift hog futures

Cattle futures extend slide

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Friday as firm U.S. cash markets and rising pork prices underscored tight hog supplies, analysts said. News of the first confirmed cases of African swine fever in farmed pigs in Germany added support, raising uncertainty about pork export flows. However, exports of
China buys 20,000 tonnes of frozen pork for its state reserves
Markets, News

China buys 20,000 tonnes of frozen pork for its state reserves

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China purchased 20,000 tonnes of frozen pork for its state reserves on July 7. Live hog prices in the world’s top pork producer plunged 65 per cent from January to early June as outbreaks of disease triggered panic selling, and as a glut of large pigs were sent to slaughter. Falling prices eroded profits for
CME August 2021 live cattle (candlesticks) with Bollinger bands (20,2) and October 2021 live cattle (dark red line). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle drift lower

Lean hog futures end mixed

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures drifted lower on Thursday in lacklustre trade, with disappointing weekly export sales data and softening wholesale beef cutout prices adding pressure, analysts said. “The fact that the cutout on beef has been drifting lower just doesn’t give the market a lot of confidence that packers
Porcine Reproductive and Respiratory Syndrome virus has been likened to COVID-19 and new, more-infectious variants are prompting health officials to call for increased surveillance and vaccination.
Hogs, News

More-infectious strains of respiratory virus hitting hog farms

Virus has hundreds of strains and new ones up the need for surveillance and vaccination

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A highly virulent strain of Porcine Reproductive and Respiratory Syndrome virus has pork officials stressing the importance of surveillance and vaccination programs. There is also a need for a co-ordinated approach, industry officials from Ontario and the U.S. Midwest said during a recent webinar. Although there are hundreds of strains of the virus, Dr. Marty
“That’s one of the challenges — on the surface, it seems like a great idea until you fully understand what it means to implement mandatory COOL.” – Fawn Jackson.
Beef cattle, News

Labelling law rears its head again, but officials don’t expect its return

Some American ranchers are ‘making a lot of noise’ but odds of a return to COOL seem slim

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Glacier FarmMedia – Mandatory country-of-origin labelling (COOL) is gone, but there’s a new effort by American beef producers wanting to bring it back. “It’s still hugely on our radar,” said Alberta Beef Producers chair Melanie Wowk. “When COOL was first instituted in 2003, it was costing us about $600 million a year, so I think
CME August 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rise as pork production estimates cut

Feeder cattle down on rising grain values

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped on Monday as the U.S. Department of Agriculture reduced its domestic pork production estimates for this year and next year. The USDA cut its production estimates because of reduced expectations for commercial hog slaughtering in the second half of the year, according to a
‘Free meat for a year’ offered in JBS U.S. vaccine sweepstakes
News

‘Free meat for a year’ offered in JBS U.S. vaccine sweepstakes

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Want free meat for a year? Get a COVID-19 shot. Meat packer JBS SA will give away beef, pork and chicken for the next year to 50 U.S. families that participate in company-sponsored vaccination clinics over the coming weeks. The Brazilian company’s arm in the United States and Pilgrim’s Pride, a U.S. chicken company mostly

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