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CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs slip

USDA marks surprise jump in July cattle placements

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slipped on Friday, with the most-active contract dipping to a nearly six-week low during the session, as weak export demand continued to weigh on futures, analysts said. Meanwhile, a government report, released after the CME closed, said that far more cattle were marketed in July
CME October 2022 lean hogs (candlesticks, right column) with 20- and 100-day moving averages (pink and brown lines) and CME cash lean hog index (black line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs fall on weak exports

Softer cash values drag on live cattle futures

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday, pressured by softening wholesale pork prices and weak export demand, analysts said. “We’re going to have more supply coming at us, and that’s putting pressure on the wholesale market,” said Altin Kalo, economist at Steiner Consulting Group. CME October lean hogs fell
“Fortunately, we did get the agreement in place and these animals could move before animal welfare became a concern.” – Cam Dahl, Manitoba Pork Council.
Livestock, News

Seneca Valley virus pauses cull sow shipments

The U.S. pumped the brakes on two Manitoba assembly yards while the foot-and-mouth mimic was investigated

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The cull hog market was still working through its backlog in the second week of August after an investigation into what turned out to be Seneca Valley virus shut down shipments to the U.S. from two assembly yards in the province. While not a serious disease in and of itself, Seneca Valley virus shares symptoms
CME October 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle firm, drought accelerates selling

Lean hog futures follow cash prices up

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures climbed on Wednesday, underpinned as ranchers move up placements of calves amid drought conditions across the southern U.S. Plains, analysts said. “The fall-weaned calves are starting to come through,” said Austin Schroeder, commodity analyst at Brugler Marketing. “Placements have been pushed ahead, with the drought.”
CME September 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle, feeder cattle set multi-month highs

October lean hogs down on day

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday rose to their highest level since April on concerns about tightening livestock supplies, analysts said. Feeder cattle futures hit a February high, while lean hog futures fell to their lowest level in more than a week. The U.S. Department of Agriculture is projecting
A piglet in the grass
Farmit Manitoba

Pigs among the poplars: a peek inside a unique Danish hog farm

With saturated markets at home, most of this Danish hog farm’s organic pork fills American appetites

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A sow lounges on her side in a dusty hollow she’s dug for herself. A few piglets nestle up to her belly for a quick snack while the rest of her litter capers around her. She and her neighbour sows are too big to escape their electric-fenced pastures, but the piglets are not. Gangs of
CME October 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: Lean hog, live cattle futures down on profit-taking

CME September feeder cattle also down

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed lower on Friday on cooling wholesale pork prices and profit-taking at week’s end, a day after the benchmark October contract set a life-of-contract high. Cattle futures also set back on profit-taking, but the most-active October live cattle contract posted a second straight weekly advance,
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Beef cattle, Livestock, Markets

JBS quarterly profit falls almost 10 per cent but tops estimates

Cattle prices 'above the expected level'

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Sao Paulo | Reuters — JBS, the world’s largest meatpacker, posted an almost 10 per cent drop in net profits, to US$766 million, driven by the relative weakness of its U.S. beef and pork units in the second quarter, according to an earnings statement on Thursday. Still, it beat analysts’ forecasts. JBS reported a 4.6

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