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Pork

CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and July 2021 lean hogs (pink open/high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures sink as on-feed supply tops estimates

Profit-taking drags on hogs

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood at 105 per cent of
CME July 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and August 2021 live cattle (red open/high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rally to highest since August 2014

USDA's latest cattle count beats forecasts

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Chicago | Reuters — Chicago Mercantile Exchange hog futures rallied on Friday to their highest in nearly seven years, with strong demand outstripping supplies on hand as restaurants around the U.S. have been reopening after COVID-19 shutdowns, traders said. “We are seeing strong retail demand, with the food service trying to recapture their share of
(PorcOlymel.com)
Hogs, Livestock

Olymel gets home province’s backing for plant upgrades

Quebec to invest $150 million in packer

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Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises quebecois (FCEQ) plus $76 million
CME August 2021 live cattle (candlesticks) with 20-day moving average (red line) and CBOT July 2021 corn (yellow line, left column). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hog futures up with cash markets

Boxed beef, select cuts priced at one-year highs

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Chicago | Reuters — Chicago Mercantile Exchange hog and cattle futures rose on Wednesday, with the market underpinned by strength in the cash markets. Prices for the cattle contracts hit their highest in nearly a week, but closed off their session peaks as the corn market recovered from sharp declines. The early weakness in corn
CME June 2021 lean hogs (candlesticks) with 20-day moving average (pink line) and June 2021 live cattle (red high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures rally on technical bounce

June live cattle up, August feeders down

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Chicago | Reuters — Lean hog futures rallied on Tuesday, rising 1.8 per cent on a technical bounce after three straight days of declines pushed prices to their lowest since April 30, traders said. Concerns about a tightening of supplies during grilling season added support. “We are still watching weekly hog slaughter rates,” said Rich
Animal care in modern hog production does not stop at codes of practice and regulatory enforcement. There is also verification.
Comment, Op/Ed

Comment: Agriculture, the environment, and animal care

Pork producers have stringent care standards and deserve protection from intruders

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Legislation brought forward by the provincial government has sparked debate about agriculture in Manitoba. The Animal Diseases Amendment Act has drawn comments about environmental impact and animal care. In the past, farmers produced a little of everything. A few animals, a bit of grain, produced with minimal inputs. Some nostalgically view this bygone era as
CME August 2021 live cattle (candlesticks) with 20- and 50-day moving averages (brown, black lines) and June 2021 lean hogs (pink high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures close to unchanged

CME June lean hog futures fall

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled close to unchanged on Monday, with attempts at a bargain-buying rally fizzling out after hitting some key resistance points. Hog futures were lower, notching their third straight day of declines on a technical setback. Cattle futures had weakened along with corn futures to end
CME August 2021 feeder cattle (candlesticks) with 20-day moving average (dark red line) and August 2021 live cattle (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle down, feeders up with corn

CME lean hog futures down

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended losses on Friday on long liquidation that also dragged down corn futures, analysts said. It was the second consecutive day that cattle futures followed declines in the Chicago Board of Trade corn market, which has retreated from eight-year highs reached last week. “Cattle got
CME June 2021 live cattle (candlesticks) with Bollinger (20,2) bands and June 2021 lean hogs (pink high/low/close). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle futures fall on long liquidation

Lean hogs down with pork export sales data

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Chicago | Reuters — U.S. live cattle futures fell 2.5 per cent on Thursday, following broad declines in grain and livestock markets that analysts attributed to fund-driven long liquidation and technical selling after recent highs. “It seems it was a risk-off day all across the board… It was more of a technical move and just

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