Pork Archives - Page 118 of 194 - Manitoba Co-operator

CME June 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown, red lines) and August 2021 feeder cattle (black line). (Barchart)

U.S. livestock: Cattle, hog futures sag on technical selling

Wholesale beef prices supportive

By GFM Network News, Julie Ingwersen April 22, 2021

Chicago | Reuters — U.S. cattle futures closed lower on Wednesday on lacklustre cash markets, soaring feed costs and technical selling, traders said. Chicago Mercantile Exchange June live cattle futures settled down 1.95 cents at 117.25 cents/lb., with chart-based selling accelerating as the contract fell below its 100-day moving average near 117.65 cents (all figures

Hogs, News

U.S. pork processors face higher costs, slower speeds after court ruling

They’re asking the USDA to push back against the court ruling the agency failed to evaluate the effect of new rules on worker health

By Tom Polansek April 21, 2021

Reuters – An industry group representing North America’s biggest meat packers has pushed the U.S. Department of Agriculture to appeal a Federal Court decision that cancelled an agency rule that allows pork plants to slaughter pigs more quickly. The decision issued on March 31 in U.S. District Court in Minnesota could raise costs for meat

Workers disinfect a conveyor belt, part of the measures installed to help slow the spread of coronavirus disease (COVID-19) at the Seaboard Foods pork-processing plant in Guymon, Oklahoma, May 17, 2020.

Hogs, News

U.S. court slams brakes on Trump-era hog slaughter line-speed rule

Union cheers ruling, saying faster line speeds harm processing plant workers

By Karl Plume April 21, 2021

Reuters – The largest U.S. meat-packing union is celebrating a recent victory in Federal Court that it said invalidated a Trump-era rule allowing hog slaughter plants to run without line-speed limits. A lawsuit brought against the U.S. Department of Agriculture (USDA) by the United Food and Commercial Workers Union and three of its local chapters

CME June 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: Cattle bounce after eight-session skid

Lean hogs up on demand, cash prices

By GFM Network News, Julie Ingwersen April 21, 2021

Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday for the first time in nine sessions as brisk demand for beef and a rally in lean hog futures prompted a round of bargain-buying, traders said. Chicago Mercantile Exchange June live cattle settled up 0.6 cent at 119.2 cents/lb., and August feeder cattle

George Matheson farms hogs and grain near Stonewall.

Hogs, News

Matheson to move on from Manitoba Pork

The Stonewall-area farmer brought ‘years of wisdom’ to the chairman role

By Geralyn Wichers April 20, 2021

Manitoba Pork chair George Matheson will retire from his role after leading the organization through challenges like PED, chronic low prices, and the beginning of the COVID-19 pandemic. “There’s never a shortage of challenges in the pig business in Manitoba, that’s for sure,” said Matheson. Matheson stepped into the role in 2015 after almost a

Livestock, Markets

U.S. livestock: Live cattle futures extend slide

CME lean hogs rebound

By GFM Network News, Julie Ingwersen April 20, 2021

Chicago | Reuters — CME Group live cattle futures fell on Monday, extending their slide to eight straight sessions on long liquidation and signs that surging wholesale beef prices may have reached a seasonal top, analysts said. Feeder cattle futures felt additional pressure from a jump in Chicago Board of Trade corn futures, a sign

CME August 2021 feeder cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets

U.S. livestock: Cattle, hogs down on demand concerns

'We got a little bit ahead of ourselves'

By GFM Network News, Mark Weinraub April 16, 2021

Chicago | Reuters — CME Group hog futures fell sharply for the second day in a row on Friday, with the most-active June contract sinking 2.9 per cent to its lowest since March 23. Cattle futures also were weaker, with the June live cattle contract notching its seventh straight losing session. The market was correcting

CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)

Livestock, Markets

U.S. livestock: Hogs limit-down on profit-taking

Cattle futures continue lower

By GFM Network News, Tom Polansek April 15, 2021

Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is a turnaround from gains that have lifted profits for pig farmers after they struggled last year when the COVID-19 pandemic reduced restaurants’ demand for meat

CME June 2021 live cattle (candlesticks) with 20-, 40- and 50-day moving averages (pink, brown, black lines). (Barchart)

Livestock, Markets

U.S. livestock: Cattle futures fall on rising feed costs

By GFM Network News, Mark Weinraub April 14, 2021

Chicago | Reuters — CME Group cattle futures fell on Wednesday on concerns about rising feed costs as soybean, wheat and corn futures soared, traders said. Fund selling also weighed on the cattle market. The most-active June live cattle futures contract has closed lower for five days in a row after setting a fresh high

CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets

U.S. livestock: Hog futures edge higher after limit down move

CME cattle futures weak

By GFM Network News, Mark Weinraub April 13, 2021

Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed slightly on Tuesday after falling their daily trading limit in the previous session. Traders said the market had run out of steam after rallying to their highest since June 2014 last week. “There no doubt remains questions about the belly’s staying power at these levels

Daily Network News

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Pork

U.S. livestock: Cattle, hog futures sag on technical selling

U.S. pork processors face higher costs, slower speeds after court ruling

U.S. court slams brakes on Trump-era hog slaughter line-speed rule

U.S. livestock: Cattle bounce after eight-session skid

Matheson to move on from Manitoba Pork

U.S. livestock: Live cattle futures extend slide

U.S. livestock: Cattle, hogs down on demand concerns

U.S. livestock: Hogs limit-down on profit-taking

U.S. livestock: Cattle futures fall on rising feed costs

U.S. livestock: Hog futures edge higher after limit down move

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