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CME June 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and CME lean hog index (black line). (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs firm nearby

Outside markets pressure live cattle

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Chicago | Reuters — CME’s nearby lean hog futures firmed on Tuesday, incentivizing producers to sell market-ready hogs rather than hold them for premiums later in the summer, analysts said. High futures prices “may have encouraged producers to take a little more risk,” said Altin Kalo, economist at Steiner Consulting Group. “When you’ve got such
CME July 2022 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 hogs climb, demand uncertainty remains

Chicago cattle futures lower

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Chicago | Reuters — CME lean hog futures firmed for a second session on Thursday, supported by bargain buying, though demand concerns capped gains, analysts said. “We’ve got conflicting fundamentals. Seasonally, hog supplies should continue to tighten into mid-summer. But right now there’s a lot of demand worry,” said Doug Houghton, technical analyst at Brock
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

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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
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
A McDonald’s restaurant sign in San Diego on March 31, 2015. (File photo: Reuters/Mike Blake)
Hogs, Livestock

McDonald’s calls Icahn demands on sourcing pigs ‘unfeasible’

Investor cites company's 10-year-old pledge

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Boston | Reuters — McDonald’s Corp on Thursday said Carl Icahn’s call for the fast food chain to stop buying pork from suppliers that house the animals in crates would be logistically unfeasible and prohibitively expensive. The billionaire investor, who owns roughly US$50,000 worth of McDonald’s stock, is pushing the company to change how it
CME June 2022 live cattle (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle hit two-month peak

Rising cash markets support cattle; hogs down for third straight session

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Chicago | Reuters –– Live cattle futures on the Chicago Mercantile Exchange jumped to a two-month high on Thursday, led by firming cash cattle markets and optimism about a seasonal climb in U.S. beef demand as the summer grilling season nears, traders said. CME June live cattle futures settled up 1.275 cents at 139.9 cents/lb.
CME June 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

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

Cash cattle market firms; hog futures lower

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Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange hit their highest in nearly two months on Wednesday, led by firming prices for market-ready cattle in the cash market, traders said. Live cattle traded as high as $146 per hundredweight (cwt) in eastern Nebraska cash markets, traders said, while dressed cattle in
File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Hogs, Livestock, Markets

China’s hog output recovers, drags on Brazil pork exports

China's total Q1 pork imports down 64 per cent

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Sao Paulo | Reuters — Brazilian pork exporters are grappling with a drop in volumes shipped to their main buyer, China, which has increased its pork meat production after an outbreak of African swine fever in 2018. ASF forced China to cull millions of hogs and increase imports. China continued to be Brazil’s top pork

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