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

U.S. livestock: CME cattle, hogs mixed on trade detail uncertainty

Chicago | Reuters — U.S. hog futures slipped on Tuesday, as uncertainty about details from the U.S.-China “Phase 1” trade agreement continued to make the market nervous, brokers said. Meanwhile, Chicago Mercantile Exchange (CME) live and feeder cattle futures continued to consolidate after Friday’s big price rally in the wake of the trade agreement news.






(Photo courtesy Canada Beef Inc.)

Cattle producers get longer phase-in on new transport regs

New federal livestock transport regulations, due to come into force in February, will now roll out on a longer timeline for the beef and dairy cattle sectors. Federal Agriculture Minister Marie-Claude Bibeau has announced a “two-year transition period” for bovines, which is meant to provide “time to gather more data on effective solutions concerning the

CME February 2020 live cattle with 20-, 30- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures rise on technical buying

Chicago | Reuters — U.S. cattle futures rose on Wednesday, rebounding from Tuesday’s downturn, while hog futures eased. Traders said that signs of strength in the cash market added support to the strength in both live and feeder cattle contracts. Technical buyers also helped pushed prices higher after early signs of strength. Chicago Mercantile Exchange