CME live and feeder cattle futures turned lower on Tuesday as cutout values fell and consumer demand waned following the end of major steak-eating holidays, traders said.
Tag Archives Pork
U.S. livestock: Cattle futures lower on dip in consumer demand
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
U.S. livestock: Live cattle futures continue rally on steady demand
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
U.S. livestock: Cattle futures end higher in light pre-holiday trade
Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
EU pork industry faces ‘nightmare’ if China restricts imports
Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc
Pork market strong despite weak U.S. futures
Fears over avian flu spreading to pigs in the United States and greater hog slaughter are causing lean hog prices at the Chicago Mercantile Exchange (CME) to fall to three-month lows, according to a livestock economist.
Letters: Message to the pork council
I feel I must take issue (once again) with Manitoba Pork. In a 700-plus word article appearing in several rural papers recently, Cam Dahl, the industry group’s general manger, makes the preposterous claim that “it’s hard to be green while in the red.” If you are in the red, you must have been working at
Livestock sectors react to VCOOL ruling
Feds, livestock groups view new ruling with suspicion
Canada’s livestock sector will monitor the effects of a new U.S. voluntary country of origin labelling (vCOOL) ruling announced March 11. “It is crucial to address any issues that threaten or diminish the cattle and beef trade between Canada and the U.S.,” said Nathan Phinney, president of the Canadian Cattle Association, in a media release.
National hog research firm gets $10.6 million in federal funds
Research to include new vaccines, antimicrobial alternatives, feed strategies, and genetics
The federal government has pledged up to $10.6 million for hog sector research, it said in an announcement today.
China to encourage hog farmers to reduce capacity after price slump
Aggressive expansion in Chinese hog sector turns to mounting losses on demand downturn
China will "guide" farmers to reduce hog production capacity as it steps up regulation of the industry, the agriculture ministry said on Tuesday, after an aggressive expansion drive led to an oversupply of pigs and heavy losses.
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