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Pork

CME July 2022 lean hogs (candlesticks) with 20-, 50-, 100- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs drop to January lows

Lower grain values continue to lift cattle

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Chicago | Reuters — CME lean hog futures on Tuesday dropped to their lowest prices since January on technical selling and concerns about risks to demand for U.S. meat, brokers said. U.S. pork exports to China have tumbled this year as Chinese producers rebuild their herds after outbreaks of the pig disease African swine fever.
“Overall demand for soymeal has come down as the use of soymeal in both hog and poultry feed has fallen.” – soybean crusher manager.
Markets, News

Chinese soybean crushers slow bean buying on poor margins

USDA forecasts lower exports to China

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Reuters – Chinese soybean crushers have slowed bean purchases for deliveries through August as poor margins curbed appetite, traders and analysts said. Reduced demand in the world’s top soybean buyer could cut China’s appetite for bean imports, already forecast to drop in 2021-22 by nearly 10 per cent from a year ago due to poor livestock production margins
Cam Dahl speaks at the Manitoba Pork Council annual meeting in Winnipeg, April 6.
News

Pork producers eye antimicrobial use benchmark

Pork council leaders imply they anticipate future regulations, but said their sector isn’t being singled out

By
A study to get a bead on antibiotic use in Manitoba’s swine herd is less about appearances, more about dialing in management practices before antibiotic resistance becomes an issue, Manitoba Pork Council (MPC) leaders said during their annual general meeting April 6. “It’s not just about PR, it’s actually, ‘We’re going to have to do
CME August 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: Feeder cattle futures firm on weaker corn

China's COVID lockdowns pressure CME hogs

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Chicago | Reuters — CME live and feeder cattle futures firmed on Monday, supported by lower corn futures, an input cost to feeder cattle, analysts said. “The big driver there was just lower corn,” said Josh Steinhilber, broker at Cattlehedgers.com. “We got spillover into the live cattle.” CME August feeder cattle added 5.8 cents, to
CME June 2022 live cattle (candlesticks) with 20-, 30-, 40- and 200-day moving averages (pink, brown, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hog futures weak as feeding costs rise

Corn's 'unending rally' drags on feeder cattle

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Chicago | Reuters — CME cattle futures fell on Wednesday as traders assessed higher feeding costs due to a sharp gains in corn. Hog futures were also weak, falling for the sixth time in seven sessions, with prospects for more COVID-19 lockdowns in China further chilling the already weak export demand from the world’s top
CME June 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures fall to lowest since early March

June live cattle up on bargain buying

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Chicago | Reuters — CME Group hog futures fell to their lowest in more than seven weeks on Tuesday, pressured by follow-through selling after dropping in four of the previous five sessions with supplies in focus as kill rates were expected to rise. Concerns about lower pork consumption in China due to COVID-19-related lockdowns in
Governments need to reform the current suite of business risk management programs so that they meet the risks farmers are facing today.
Comment, Op/Ed

Comment: Disease, drought, and war – a time of volatility

Despite these challenges, farmers remain surprisingly optimistic

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Anyone who tells you that they know where commodity prices will be six months from now is either being misleading or fails to have a firm grip on reality. We are in a time where contradictory pressures on supply and demand are combined with political upheavals. As a result, farmers can expect an extended period
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle retreat off two-month high

U.S. cattle on feed up two per cent; Chicago lean hogs end higher

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange ended lower on Friday in a profit-taking setback from two-month highs amid worries about inflation curbing consumer demand for beef, traders said. Larger-than-expected numbers of U.S. cattle on feed announced by the U.S. Department of Agriculture after the CME close could pressure futures

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