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

U.S. livestock: Hogs climb on strong pork exports, wholesale prices

Packer margins, wholesale beef prices support live cattle futures

Chicago | Reuters — U.S. lean hog futures rose on Thursday as bullish weekly U.S. pork export data and rising wholesale prices overshadowed worries about a slowdown in the U.S. hog slaughter pace backing up hog supplies, traders said. “You’ve got a combination of export sales being strong (and) the wholesale market trading very firm

CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans up on export demand, month-end position-squaring

Strong weekly U.S. export sales data also supports corn, wheat

Chicago | Reuters — U.S. soybean futures rose more than two per cent on Thursday, the biggest single-day advance in a month, on strong weekly export sales and news of fresh demand from top global soy buyer China, analysts said. Corn futures firmed for a second day on strong export sales and signs the worst


CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soybean futures down off gains

Chicago wheat also weak

Chicago | Reuters — U.S. corn and soybean futures fell on Friday after three straight days of gains as investors took some risk out of the market due to demand uncertainty stemming from the global coronavirus pandemic, traders said. Wheat futures also were lower, with forecasts for some rain in key production areas of Europe

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Pig farmers seek aid of $20 per hog against market crash

Losses of $675 million expected from COVID-19-related causes

Canada’s hog producers seek an immediate federal cash injection equivalent to $20 per hog against a market crash that’s expected to cost their sector about $675 million overall. Officials with the Canadian Pork Council on Thursday called for Ottawa to provide further aid to hog farmers who are now expecting to lose $30 to more