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Tag Archives swine fever


CBOT July 2019 corn (candlesticks), with July 2019 soybeans (green line). (Barchart)
Crops, Markets

CBOT weekly outlook: Bear market aches for bull news

By GFM Network News, Glen Hallick - MarketsFarm April 17, 2019
MarketsFarm –– The Chicago Board of Trade (CBOT) is currently a bear-market, according to broker Scott Capinegro of Barrington Commodity Brokers. “It’s like the markets are saying ‘Show me something, we’ll take anything,’ but the bears are winning,” he said, noting there has been almost no news to drive the market in a bullish manner.

MGEX May 2019 wheat, with 20-day moving average (in orange) and CBOT May 2019 wheat (yellow). (Barchart)
Crops, Markets

U.S. grains: Wheat futures edge higher in turnaround from losses

By GFM Network News, Tom Polansek April 17, 2019
Chicago | Reuters — U.S. wheat futures rose on Wednesday in a rebound from falls to one-month lows a day earlier on the Chicago Board of Trade and contract lows in Kansas City and Minneapolis markets. Soybean futures set a five-month low, while corn futures also eased. Tuesday’s wheat price drop attracted bargain buying and


CME October 2019 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets

U.S. livestock: Deferred CME hog futures set contract highs

By GFM Network News, Tom Polansek April 17, 2019
Chicago | Reuters — U.S. hog futures rallied to new contract highs in deferred months on Wednesday on projections that China will accelerate pork imports in the last half of the year, following an outbreak of an incurable swine disease. China is expected to import more pork to fill a hole in protein supplies left

CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Deferred CME hogs extend gains on China virus outbreak

By GFM Network News, Tom Polansek April 16, 2019
Chicago | Reuters — U.S. hog futures closed mixed on Tuesday as front-month contracts stumbled in a setback from recent gains, while deferred contracts rose on expectations for increased demand from China due to an outbreak of a fatal hog disease. Gains in the market have been fueled by worries about an epidemic of African


(Zevei-Wenhui/iStock/Getty Images)
Hogs, Livestock

China eyes U.S. poultry, pork imports in trade talks

By Chris Prentice, GFM Network News, Tom Polansek April 16, 2019
Reuters — China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it is not willing to allow a prohibited growth drug used in roughly half the U.S. hog herd, two sources with knowledge of the negotiations said.

CME May 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME hogs push higher as herds in China suffer from virus

By GFM Network News, Tom Polansek April 15, 2019
Chicago | Reuters — U.S. hog futures closed mostly higher on Monday on increasing expectations that China will need to import more pork to compensate for hogs killed in an outbreak of an incurable swine disease. The front-month contract, which is thinly traded, set its highest price in about 21 months as the market rose


CME June 2019 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME lean hogs up third straight session

By GFM Network News, Julie Ingwersen April 12, 2019
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday for a third straight session on expectations that an outbreak of African swine fever in China’s hog herd would prompt the Asian country to import more pork, traders said. Traders were still digesting Thursday’s export sales report from the U.S.

CME June 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle down as weather fears ease

By GFM Network News, Julie Ingwersen April 10, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Wednesday for a second straight session as worries eased about a blizzard disrupting feedlots in the U.S. Plains, traders said. “The storm system for the most part moved further to the north — more to South Dakota, and missed a lot of


An eight-year-old handler walks her best-in-class York Barrow pig on June 4, 2014 at World Pork Expo in Des Moines. (File photo: Reuters/Lane Hickenbottom)
Hogs, Livestock

World Pork Expo cancelled over swine fever fears

By GFM Network News, Tom Polansek April 10, 2019
Chicago | Reuters — The U.S. pork industry canceled its annual convention on Wednesday over concerns that international attendees could bring in an incurable hog disease at a time when U.S. farmers are already suffering from trade wars. The decision to scrap the World Pork Expo, held by the National Pork Producers Council in Des

U.S. livestock: CME hogs limit down, retreating from last week’s top
Livestock, Markets

U.S. livestock: CME hogs limit down, retreating from last week’s top

By GFM Network News, Julie Ingwersen April 10, 2019
Chicago | Reuters — Most months of Chicago Mercantile Exchange lean hog futures closed down the daily three-cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. “The cash market has slowed down. It was down a little yesterday and the carcass values were weaker this


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