CME December 2020 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Futures slip on seasonal pressure

Slaughter backlogs remain a drag on live cattle

Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by a softening in seasonal demand and the continued impact from backlogs at slaughterhouses, traders said. Lean hogs also eased on profit taking, while feeder cattle also followed live cattle for a loss. CME October live cattle futures fell 1.525 cents, to 108.35

CME December 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Domestic demand boosts hog futures

Feed grain prices drag on feeder cattle

Chicago | Reuters — U.S. hog futures leapt to their highest price since May 2019 on Friday on strong domestic demand for pork, while feeder cattle futures tumbled to a three-month low. Gains in the swine market extend a rally driven by rising cash prices for hogs and demand from consumers. “Domestic demand has been


China seeks to essentially raise all its own pork

China seeks to essentially raise all its own pork

Rapid rebuild of swine herd could dash hopes of exporters like Canada for lasting inroads into market

Reuters – China is aiming to produce 95 per cent of its pork at home, according to a cabinet document outlining plans for its livestock sector, underscoring a goal to quickly rebuild its huge pig herd after a major disease epidemic. The document comes amid a heightened focus on food security by Beijing, with coronavirus



CME October 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Hog futures up on pork demand, cash prices

November feeder cattle touch lowest level since July 2

Chicago | Reuters –– U.S. hog futures extended gains on Wednesday and the front-month contract reached its highest price in about a year due to strength in the cash market, traders said. Solid pork demand has underpinned cash prices in the face of large hog supplies. The U.S. pork cutout, an indication of wholesale pork



Bjorn Orvar, co-founder and chief scientific officer at ORF Genetics, poses for a photo outside the company’s greenhouse in southwest Iceland.

Will COVID-19 be a game changer in humanity’s relationship with meat?

Double-digit growth in plant-based foods expected this year, but lab-grown meat is the next frontier

Thomson Reuters Foundation – In a vast, illuminated greenhouse set among Iceland’s otherworldly lava fields, the genetically modified shoots of an ancient cereal crop may hold the key to the food of the future. Using abundant geothermal waters for heating and volcanic ash instead of soil, biotech company ORF Genetics is growing barley here to



CME December 2020 live cattle with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures rise on strong cash markets

U.S. packers seen dialing up slaughter pace

Chicago | Reuters — U.S. live cattle and lean hog futures advanced on Monday on expectations that cash prices will remain firm, analysts said. Cash cattle prices are expected to rise $1-$2/cwt this week as packers ramp up slaughtering, said Brian Hoops, president of broker Midwest Market Solutions (all figures US$). Fat cattle last week

Hog producers want $50 million invested in ASF prevention

Hog producers want $50 million invested in ASF prevention

Disease outbreak would rapidly outstrip the impact of BSE, Canadian Pork Council says

Canada’s hog producers are calling on the federal government to invest $50 million over three years to combat African swine fever (ASF). In an open letter released Sept. 11, chair of the Canadian Pork Council Rick Bergmann spells out the impact an outbreak of the disease would have on the industry. The call comes on