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CME October 2021 lean hogs (candlesticks) with 20-day moving average (dark red line) and cash lean hog index (pink line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs firm on China’s herd restrictions

Cattle mixed to lower ahead of report

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Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures firmed on Thursday, after China lowered its sow herd targets in an effort to ensure supply and stabilize prices. China’s ministry of agriculture and rural affairs said the target for its sow herd was now around 41 million head for 2021-2025 and should be
CME October 2021 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle follow packer demand down

Lean hog futures also lower

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, pressured by weak cash cattle trade as packer demand remains light, analysts said. “The lack of bids is daunting,” said Joe Kooima, commodity broker at Kooima Kooima Varilek Trading Inc. Kooima noted packers have enough cattle purchased on negotiated contracts to meet
CME October 2021 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 end mixed, hogs lower

Futures under pressure as equity markets slump

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Monday as late-session bargain buying only partly offset pressure from adequate cattle supplies and global economic concerns that threatened to blunt demand for beef. “The cattle market can’t seem to catch a break. Boxed beef has been trending down and there are
CME December 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME cash lean hog index (grey line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs extend gains in recovery from slide

Cattle futures follow boxed beef lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday extended a rebound from a selloff that dragged the market to its lowest prices since February this week, while cattle futures sagged. The hog market was due for a correction to the upside after the most-active December contract fell 13.5 per cent from
CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and dark red lines). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hog futures rise from February low

December live cattle close lower

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed on Thursday, as the market recovered from a decline to its lowest prices since February. Technical buying helped support prices, while concerns about waning U.S. pork exports continue to hang over the market, analysts said. The U.S. Department of Agriculture reported 2021 export sales
CME December 2021 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs hit six-month lows

Chicago cattle futures rebound

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures dropped to their lowest prices in more than six months on Tuesday, while cattle futures recovered a day after hitting June lows on concerns about a fire at a major Nebraska beef plant. The hog market extended recent losses under pressure from concerns about the
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Hogs, Livestock

Upgraded Olymel hog plant’s second shift begins

Ange-Gardien plant's slaughter pace to rise by up to 40 per cent

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A promised second shift is now up and running at a major hog plant in Quebec’s Monteregie and is expected to eventually boost the plant’s weekly slaughter capacity by up to 40 per cent. Plans for a second shift at Olymel’s packing plant at Ange-Gardien, about 50 km east of Montreal, have been in the
CME October 2021 lean hogs (candlesticks) with Bollinger bands (20,2) and CME lean hog cash index (blue line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hog futures fall as pork demand softens

CME cattle down despite firmer cash trade

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Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the sixth consecutive day on Friday, pressured by lower pork demand coinciding with larger hog supplies, analysts said. The hog market also felt the effects of investment funds liquidating long positions, traders said. “We saw a fair amount of weakness. This market has been

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